Our brand of socialism did not result in transfer of wealth from the rich to the poor but only from the honest rich to the dishonest rich, lawyer-jurist Nani A Palkhivala said in 1991.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
What the Minister has said is largely true. The government could help the sustainable growth of civil aviation by shutting down Air India, which is skewing the market for all participants, apart from burning up so much ATF from the fisc. The Centre and states could cooperate in affording some relief of taxes on fuel. Our new airports are very expensive for airlines to use, especially the budget carriers. 2. Not quite creating a cartel, but the government could sit with all the airlines and urge them to rationalise their tariffs, putting an end to both predatory pricing and gouging of passengers. If care is not taken, Jet will be followed by others.
What the Minister has said is largely true. The government could help the sustainable growth of civil aviation by shutting down Air India, which is skewing the market for all participants, apart from burning up so much ATF from the fisc. The Centre and states could cooperate in affording some relief of taxes on fuel. Our new airports are very expensive for airlines to use, especially the budget carriers. 2. Not quite creating a cartel, but the government could sit with all the airlines and urge them to rationalise their tariffs, putting an end to both predatory pricing and gouging of passengers. If care is not taken, Jet will be followed by others.