Air India should be privatised Economic Survey 2017
New Delhi: The government should privatise state-owned Air India Ltd, according to the Economic Survey 2017, which was presented in Parliament on Tuesday.
The survey said while the private sector has a major presence in civil aviation, telecommunications, and financial services segments, and this has served to reduce the share of public sector undertakings, the PSUs have not exited these segments.
“The most well-known example is the difficulty of privatizing public enterprises, even for firms where economists have made strong arguments that they belong in the private sector,” the survey said. MINT