Air India had ceased to be an option for many fliers. But with its return to the Tata Group, there are high hopes and a threat for IndiGo, SpiceJet and other players.
The 20.1% growth in Q1 FY22 was largely driven by the base effect. Structural reforms including disinvestment and bank privatisation needed to ensure a sustained growth path.
While tax has proved Nirmala Sitharaman’s strong suit, there have been policy negatives as well, including under-performance on privatisation and failure to fix banking mess.
During Question Hour in Lok Sabha Tuesday, the public enterprises minister further said his government has approved the revival, merger, or restructuring of some PSUs.
Nine bank unions collectively gave a strike call for 15-16 March to protest against privatisation of two state-owned banks, a move govt had announced under its disinvestment plan.
Noting that the government has 'no business to be in business', PM Modi said pointed out how government officials are unable to take courageous decisions fearing allegations and courts.
Centre announced in early February that it’ll sell Visakha Steel, but employees & all political parties including ruling YSRCP have hit the streets in protest.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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