Synopsis
Aviation is likely one of the sectors hit worst by the pandemic globally. In India, privatisation of airports and the sale of Air India are anticipated to offer the business a shot within the arm. However to attain long-term objectives, the main focus ought to be on increasing airport infrastructure and making India a world switch hub.
One of many key themes of the Union Price range 2021-22 has been the federal government’s street map for privatisation and asset monetisation. If executed, the bold plan won’t solely herald important assets to fund the federal government’s massive and capital-intensive programmes, but in addition assist meet the burgeoning deficit. The federal government’s choice to stay in 4 core areas is laudable, and it may very well be a sport changer in boosting India’s GDP development,
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