The privatisation of Air India will test Modi’s reformist resolve

India Investment Journal January Edition, Final Word
The proposed privatisation of India’s state-owned carrier will prove a balancing act for the government.

The proposed privatisation of Air India, the country’s flag carrier, will test both the Narendra Modi government’s resolve to push through politically contentious reforms as well as its ability to balance the need to make the sale attractive to private investors while warding off opposition charges that it was “nationalising losses and privatising profits”.