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A plan to sell off India’s flagship airline is facing headwinds before it even gets started.
Narendra Modi’s boldest asset sale yet is the proposed divestment of Air India, the nation’s money-losing flag carrier, has run into rough weather after some of the potential bidders opted out upset with the government’s terms.
This setback, however, is the least of Modi’s problems a year before voters decide if he deserves a second term. Resistance to the sale is brewing within Modi’s own party, sundry opposition groups and unions, who could join forces and potentially scuttle the process. A similar
Narendra Modi’s boldest asset sale yet is the proposed divestment of Air India, the nation’s money-losing flag carrier, has run into rough weather after some of the potential bidders opted out upset with the government’s terms.
This setback, however, is the least of Modi’s problems a year before voters decide if he deserves a second term. Resistance to the sale is brewing within Modi’s own party, sundry opposition groups and unions, who could join forces and potentially scuttle the process. A similar
