Tag Archives: Public Private Partnership

A PPP proposal to rescue Air India while retaining government ownership

Yesterday the government announced a massive Rs. 30,000 Crore ($5 billion) bailout of national carrier Air India. The government has justified this this bailout to ostensibly protect the jobs of the over-bloated workforce of 30,000 employees at the airline. Simple maths effectively translates the infusion to Rs. 10 million per employee, a figure the average Indian cannot even hope to …

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