News reports indicate that Mr. Narendra Modi, the Hon. Prime Minister of India, is just a few days away from giving the final go-ahead for the government to sell off Air India, the debt-laden national airline, according to officials in Delhi. Here is a link to FinancialTimes.Com news report titled: "Sale of debt-laden Air India set for final approval Nearly 70 years of state ownership to end at group that led Asia into jet engine age'. Click here to go to https://www.ft.com/content/0f208898-573d-11e7-9fed-c19e2700005f?mhq5j=e1. To my ignoramus mind of half-baked knowledge, it appears to be a hasty and panic-filled decision. Pushing a boulder from the top of a cliff will be easy, but even that easy task can cause casualities of lives and property, if proper care is not taken. On the other hand pushing up a boulder to the top of a cliff will be extremely hard, and the results of all the Herculian efforts will depend on predicting future, which can sometimes resemble an 'astrological' exercise. Both ponderables and imponderables will have to be carefully searched for, identified, and taken care of, if the Herculian efforts have to give positive results.
Why Privatisation is not a real solution?
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