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Pawan Hans disinvestment Employees union seek PMO intervention

New Delhi Urging the government to reconsider its "shocking" decision to offload its entire 51 per cent stake in profit-making Pawan Hans Ltd, the aviation entity's employees union has written to the PMO seeking its intervention. 
 
In a letter to Prime Minister Narendra Modi's Principal Secretary Nripendra Mishra last week, the All India Civil Aviation Employees Union (AICAEU) said the decision has been taken at a time when the government aviation PSE is acting as a "price regulator" by offering air connectivity to the remote parts of the country at an "affordable" cost. 
 
Pawan Hans is a joint venture between the Centre and ONGC with the former holding 51 per cent stake and latter the rest 49 per cent. It has more than 900 employees with half of them on permanent rolls. 
 
"We would like to seek your kind intervention regarding the decision of government for proposed 100 per cent strategic sale of Pawan Hans Ltd, a profit-making PSE...It is really shocking and surprising for Pawan Hans (employees) that it has been listed in the list of sick PSUs, which have been selected for 100 per cent strategic disinvestment, based on recommendations of Niti Ayog, despite the fact that it is a profit making PSU and makes regular dividend to Government," AICAEU, the employees union of Pawan Hans, said in the letter.

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