Jet Airways To Reinstate Sacked Staff

In an about-face from a day ago when Jet Airlines sacked about 1900 employees, it has decided to reinstate them into their current jobs. This after the ever venerable Raj Thackeray threatened to not let any Jet Airlines flight fly out of Mumbai if they sacked employees were not reinstated.

Now compare this with what is happening in the US where thousands of employees of the big three car makers have been laid off during the last few years. Imagine if in response to this issue if politicians would have said "we will not allow cars from the big three automakers to hit the road." Wouldn't that make a bad situation even worse.

If these are the signs of the time where companies are held to ransom by petty politicians like Raj Thackeray, then wouldn't this discourage industry and private enterprise from hiring people because they know that there will be a big hue and cry if the company fires them. How is this good for business in the long run? What company is willing to take this risk? When will our politicians stop poking their big size heads with under sized brains in every matter?

If we as a country need to make any real progress then there needs to transparency and minimum government and political intervention in the way private industry functions.