Privatisation of Air India deserves praise but GoI needs to learn from it, and do more: Chetan Bhagat

(Chetan Bhagat is an Indian author and columnist. The article first appeared in the print edition of Times of India on October 23, 2021)

 

  • Air India got sold. All 100% of it. This sale was in the works for the last 20 years, with several failed attempts. Imagine looking for a bride or groom for someone, and a rishta is found after 20 years. One has to say, bahut bahut badhai ho. It’s been sold by GoI to the Tatas, who ironically were the original founder-owners. In the nerdy world of people who follow privatisation and divestment efforts, this is a minor miracle. A part of me still finds it hard to believe. Perhaps the most expensive set of toys held by GoI, Air India’s fleet, despite best attempts, managed to make the government lose thousands of crores every year…

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