7/25/2019 Nikita Runwal PGP17096 U

1/2

Jet- Etihad deal:

On April 24, Abu Dhabi-based Etihad Airways had announced its decision to

purchase 24 per cent stake in Naresh Goyal-led Jet Airways or !s 2,"#$ crore% &his

deal de'ands to increase seats or airlines o both countries ro' (),)"" to 2#,"""%

*owe+er this is the sa'e Etihad 'anae'ent which reected an earlier o.er o !s

(,/$" crore, sayin the price was too hih or a loss 'akin co'pany with a

neati+e net worth% &his is the reason all doubted this partnership and de'andin

the re-e0a'ination o the deal% 1enior J3 leader Jaswant 1inh, 35-6 leader

Gurudas Dasupta, &rina'ool onress, Dinesh &ri+edi and Janata 3arty chie

1ubra'anian 1wa'y, each, ha+e shot o. separate letters to 3ri'e 6inister

6an'ohan 1inh, 7uestionin the nature o the deal% 5n answers to the 7uestion

36O has co'e up with a state'ent, statin that there are so'e di.erences within

the o+ern'ent%

How will it afect the India?

(% 5t would be a 'aor deal in 5ndia ater introduction o 8D5% E'ploy'ent would

increase%2% urrently Air 5ndia is connectin the lare part o 5ndia and Gul reason% 9ith

this deal A5, 'iht lose their share in the Gul 'arket% 5t will a.ect the 5ndian

econo'y% As the re+enue will o to the Gul reion%)% Jet is in a bi debt, and or the' it is the only option to co'e back in the

'arket% 5 this deal is not done, it 'iht e+en bankrupt like in;sher%

,

and eruption o the 6andakini !i+er which led to hea+y ?oods near edar Do'e,

!udrapraya district,

7/25/2019 Nikita Runwal PGP17096 U

2/2

?oods% No beorehand warnin was i+en to the people by 5ndia 6eteoroloical

Depart'ent leadin to loss o thousands o people%

Damaged caused:

As o 2@ June 2"(), the ocial death toll in