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India : “Only country in the world with a 5/20 rule”.

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Mumbai: A new rule called ‘5/20’ was implemented and a controversy has surged up, following it.

The ‘5/20’ rule as it is been called,  decrees that new airlines like Vistara and AirAsia India must fly local for a maximum of 5 years along with the necessary securing of at least 20 aircrafts, before setting their feet abroad.

Tony Fernandes, CEO and founder of AirAsia Group Bhd, tweeted on Saturday: “Quite crazy 5/20 hasn’t been solved. Are owners of Indian airlines living in India. Naresh (Goyal), NRI”.

This is believed to be the reaction to Ratan Tata’s favoring of the 5/20 rule.

To explain the situation further, Fernandes was signaling to Federation of Indian airlines – which represents IndiGo, Jet Airways, SpiceJet Ltd. And GoAir – allegation that Tata is favouring the rule following self-interest and ownership issues.

Vistara co-owned by Tata Sons is essentially controlled from Singapore. Whereas, it is also worth mentioning that Air Malaysia is the largest shareholder.

AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.

Under the Indian laws, a foreign company can own and invest up to 49% on any Indian airline, while an NRI can hold a full 100% share in an airline.

The Tata Sons refuted the allegations, claiming that the day-to-day operations and major decisions are taken by the board members, which comprises a wholesome part of Indian residents. And also that an essential share of the ownership rests with the Indian parties as per the Government’s requirement.

Whereas Fernandes replying to a tweet, said that he can see no reason why Malaysia should not be allowed to set up a joint venture with the Indian airlines. He also mentioned of an Indonesian airline that is already operating a Malaysian AOC (air operating certificate).

In a final tweet, Fernandes remarked: “People of India, your voice needs to be heard more. For too long, airlines have been controlled by a few. Mostly NRIs. Competition is needed”. (Input from agencies)

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  • Daddy Luthra

    i don’t know whether to trust this article or not, the article states “AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.”; firstly naresh goyal is the founder of jet airways and not air asia india, secondly Air Asia India cant be called India’s largest airline with a fleet of 6 aircrafts and less than 10 destinations when Airlines like Indigo Operate with a fleet of over 100. These are just the basic facts about aviation in India i don’t know what you people are trying to portray.

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  • Daddy Luthra

    i don’t know whether to trust this article or not, the article states “AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.”; firstly naresh goyal is the founder of jet airways and not air asia india, secondly Air Asia India cant be called India’s largest airline with a fleet of 6 aircrafts and less than 10 destinations when Airlines like Indigo Operate with a fleet of over 100. These are just the basic facts about aviation in India i don’t know what you people are trying to portray.

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Jaipur Literature Festival Takes A Questionable Stand On The #MeToo Movement

JLF's fast spreading presence in the international arena, calls for a more substantial stand on its part, as far as #MeToo is concerned.

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#MeToo, women
The hushed whispers are getting louder. Flickr

After several star speakers of the Zee Jaipur Literature Festival, including C.P. Surendran, Suhel Seth and Chetan Bhagat, among others, have been accused of sexually harassing multiple women, on the sidelines of the popular lit fest, the organisers, in a cautiously worded one-sentence tweet on Thursday, have supported the rising tide of the #MeToo campaign in India — but questions still remain.

“The ZEE Jaipur Literature Festival unequivocally stands by the women who have courageously spoken out for equity and dignity and is committed to supporting and amplifying their voices,” the official handle of the JLF said in a tweet on Thursday.

The statement came two days after a petition was started on www.change.org by writer-editor Rajni George, asking its organisers to support the #MeToo India and stand up “against sexual harassment”.

#MeToo
Jaipur Literature Festival

“We write today regarding the serious and credible allegations of sexual harassment made recently against a number of men in and around the literary world, as part of the MeToo movement in India.

“We, the undersigned, are dismayed, saddened and angered by these accounts. We admire the work that the Jaipur Literature Festival (JLF) undertakes. As India’s largest and most recognised literature festival, we believe JLF is ideally placed to take the lead in addressing this urgent issue,” George’s petition said.

JLF’s response in the one-line tweet is general, and does not specifically mention whether any of the allegations that have now surfaced were earlier brought to the notice of the organisers.

It also does not make it clear whether the doors of the festival will remain closed for the accused in its future editions, or not. It further makes no comment whatsoever on several instances that are said to have taken place on the sidelines of the annual event.

#MeToo
Sanjoy K. Roy, with writers Namita Gokhale and William Dalrymple as co-directors, has been instrumental in bringing societal issues to the fore.

Notably, many of the accused have featured in prominent sessions at what is described as the “greatest literary show on Earth”, and, in many instances, the festival has been instrumental in increasing their popularity as well as readership.

On its part, JLF, produced by Teamwork Arts, headed by Sanjoy K. Roy, and with writers Namita Gokhale and William Dalrymple as co-directors, has been instrumental in bringing societal issues to the fore. In fact, the 2018 edition of the festival in January this year had come to a close with a hard-hitting debate on #MeToo, long before the campaign gained momentum in India.

Also Read: Watch Jaipur Literature Festival Live On Twitter

Many in the literary circles feel the benchmark that JLF has itself set over the course of its journey, its coming of age and gradual but distinct shift from controversies to substance in the recent years, its fast spreading presence in the international arena, calls for a more substantial stand on its part, as far as #MeToo is concerned. (IANS)