"Many have taken home loans and are now resorting to sale of gold and jewellery messages keep floating around asking people to help others," points out Iyengar.
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She turns on her PC to be greeted with a flurry of e-mails from colleagues in financial distress. One employee talks about who he had to sell his bike another on how the chemist has declined to supply medicines and yet another wonders aloud whether he should now be selling his home to pay for his children's higher studies.Ī stone's throw away, the mood is not too different at the corporate office in Santacruz where 50-something Vimala Iyengar works as an administrative officer. The tea stall soon becomes a hub of gloom and despair. What is so great about this motivational stuff," scoffs a flight engineer. The outlet still does brisk business, these days, though, it is frequented by staff looking to share their sorrow.ĮT reporters walk into a discussion on the futility and bad timing of a leadership conference a week ago to motivate people. In better times, the Mahabal Tea Stall outside the Air India office in Kalina in suburban Mumbai would do brisk business with flight engineers and cabin crew congregating to shoot the breeze. Their support and cooperation have been sought to overcome the difficult situation." Employees have been communicated in the recent past of the hard times ahead.
Not sure when his next salary will come, Ramesh is spending sleepless nights thinking about sustaining his family of four, which comprises an engineering college-going daughter and a son in school.Īn AI official says: "Every effort is being made to grapple with the current situation. "I have to pay 25% interest on the pledge, but I managed household expenses for two months. Pledging the gold chain is at a best a short-term solution. Now, it's been exactly three months since I received my salary," says Ramesh. "We were told that within the next three years, we will be making profits and our salaries will rise. A Grade 2 employee with the airline for over 25 years, his monthly salary is a gross of Rs 23,000.
Ramesh is the head sweeper at the Air India office at the Mumbai airport. Take S Ramesh, 53, who has pledged his gold chain, gifted by his father at the time of his marriage, with a private lender for Rs 20,000. A few have had to sell gold and jewellery to meet monthly obligations. Kumar, however, is among the more fortunate ones who can fall back on their spouse's income. I denied it, but actually I have taken debt from her and she doesn't know that," says a downcast Kumar. "When she later read in the newspapers that AI employees haven't been paid for two months, I was caught. Shyam Kumar, who has been working at the airline's Delhi office for 35 years, secretly withdrew his wife's savings and presented it to her as his own salary. Almost every cadre of employees, from janitors and peons to engineers and the much-envied and much-pampered pilots, is feeling the pinch, some more than others. The woes at Air India Colony are just one manifestation of the financial strife of the airline's 38,000-strong workforce. He adds the number of members approaching the society to buy on credit is increasing, and the hire-purchase scheme has been stopped as monthly instalments were overdue for two months. If this situation persists, we will stop providing credit from August," shrugs KV Varghese, who manages the cooperative. "We are not able to deduct from salaries for the past two months. That's bad news for the cooperative society.
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