Air India should be privatised: Economic Survey 2017
The govt should privatise Air India, according to the Economic Survey 2017, which was presented in Parliament Tuesday. The survey said while the private sector has a major presence in civil aviation, telecommunications, and financial services, and this has served to reduce the share of public sector undertakings, the PSUs have not exited these segments. “The most well-known example is the difficulty of privatising public enterprises, even for firms where economists have made strong arguments that they belong in the private sector,” the survey said. Air India, the only public sector airline in the country, was the focus of the survey in the sector. “Consider the civil aviation sector. Defying history, there is still the commitment to make the perennially unprofitable public sector airline “world class,” the survey said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-01/star/air-india-should-be-privatised-economic-survey-2017
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Air India should be privatised: Economic Survey 2017
The govt should privatise Air India, according to the Economic Survey 2017, which was presented in Parliament Tuesday. The survey said while the private sector has a major presence in civil aviation, telecommunications, and financial services, and this has served to reduce the share of public sector undertakings, the PSUs have not exited these segments. “The most well-known example is the difficulty of privatising public enterprises, even for firms where economists have made strong arguments that they belong in the private sector,” the survey said. Air India, the only public sector airline in the country, was the focus of the survey in the sector. “Consider the civil aviation sector. Defying history, there is still the commitment to make the perennially unprofitable public sector airline “world class,” the survey said. <br/>
