Civil Aviation Minister Ashok Gajapathi Raju is unsure about what would be the most desirable future for Air India.
Raju seems to be in a Catch-22 situation over the issue of Air India’s privatisation. Ironically, he seems to want to have the cake and eat it too, when he states that the Centre wanted Air India to “survive” but also argues that “taxpayers’ money could not sustain the airline forever”.
The editorial is justified in observing that Air India’s survival must be decided on the basis of passengers’ choice and market principle, failing which it will have the dubious distinction of being a white elephant that thrives at a huge cost to the Consolidated Fund of India.
22/02/17 Kumar Gupt/Business Standard
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Raju seems to be in a Catch-22 situation over the issue of Air India’s privatisation. Ironically, he seems to want to have the cake and eat it too, when he states that the Centre wanted Air India to “survive” but also argues that “taxpayers’ money could not sustain the airline forever”.
The editorial is justified in observing that Air India’s survival must be decided on the basis of passengers’ choice and market principle, failing which it will have the dubious distinction of being a white elephant that thrives at a huge cost to the Consolidated Fund of India.
22/02/17 Kumar Gupt/Business Standard
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