Air India gd topic
Economic GD Topics General GD Topics

How to lessen losses of Air India?

Theme :-
  • Air India has been making losses over the past decade.
  • In 2018, Indian government tried to privatise Air India, but no one was interested in buying it.
Background :-
  • Air India was founded by JRD Tata in 1946.
air india
Economic GD Topics Current Affairs GD Topics

Privatization of ‘Air India’ – Good or Bad?

Background :-
  • In June 2017, Union Cabinet approved the recommendation of NITI Aayog to privatize government owned ‘Air India’.
Good :-
  • Debt burden will be reduced. Currently Air India has more than Rs. 50,000 crores debt due to maintenance expenses.