Comparing the options of a stake sale and privatisation of public sector firms,
T N Ninan in his weekly column notes if one were to adopt the Air India solution, one would wait for the company to be widely seen as having become bankrupt, then give it away for free—if anyone will have it. Read
here
Political free-riding happens everywhere because even though people don’t actively espouse a cause, they don’t disapprove of it enough either, writes
TCA Srinivasa Raghavan. Read
here
Devangshu Datta talks about how the TB2 drone has changed the game in the Ukraine War. Read
here
Quote of the Day
“Cartelisation is going to be a challenge.”
Finance Minister Nirmala Sitharaman