Why AI privatisation talk is a flight of fantasy


MUMBAI

Barely hours after the media quoted him as saying that the government could look at privatising Air India if there was broad political consensus, Ajit Singh, under attack from the Opposition had to retract his statement. The Civil Aviation Minister needn’t have done this swift U-turn. And the Opposition, rather than being incensed by the remark, should have actually called Singh’s bluff by challenging him to undertake this mammoth task, which, experts say, seems so impracticable as to sound ludicrous.

In the long run, freeing Air India from the clutches of the government is the only option (unless the government lets it go bust), but there is a long list of things to fix before the government can even think of uttering the ‘p’ word, say experts.

Full report here Business Standard

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