{"id":266252,"date":"2019-03-26T05:12:40","date_gmt":"2019-03-26T05:12:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266252"},"modified":"2019-03-26T05:12:40","modified_gmt":"2019-03-26T05:12:40","slug":"how-the-modi-govt-avoided-an-ilfs-repeat-with-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-the-modi-govt-avoided-an-ilfs-repeat-with-jet-airways\/","title":{"rendered":"How the Modi govt avoided an IL&amp;FS repeat with Jet Airways"},"content":{"rendered":"<p>New Delhi: Quick action on the Jet Airways crisis\u2014emergency bank funding of \u20b91,500 crore and the exit of chairman Naresh Goyal as part of a bailout plan\u2014is the latest example of the government stepping in to prevent a high-profile corporate collapse.<\/p>\n<p>The move has multiple goals\u2014saving \u2018Brand India\u2019 from the taint of a bankruptcy, saving serious inconveniences for passengers, and avoiding the impact of a business collapse on the economy.<\/p>\n<p>The government is keen to ensure that the airline survives in order to prevent any wrong signals going to investors at a time India is projecting itself as a destination for investments and is making serious efforts to improve ease of doing business. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Quick action on the Jet Airways crisis\u2014emergency bank funding of \u20b91,500 crore and the exit of chairman Naresh Goyal as part of a bailout plan\u2014is the latest example of the government stepping in to prevent a high-profile corporate collapse. The move has multiple goals\u2014saving \u2018Brand India\u2019 from the taint of a bankruptcy, saving serious inconveniences for passengers, and avoiding the impact of a business collapse on the economy. The government is keen to ensure that the airline survives in order to prevent any wrong signals going to investors at a time India is projecting itself as a destination [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-266252","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266252"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266252\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}