{"id":270939,"date":"2019-04-24T06:20:31","date_gmt":"2019-04-24T06:20:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270939"},"modified":"2019-04-24T06:20:31","modified_gmt":"2019-04-24T06:20:31","slug":"the-jet-airways-lesson-save-indian-capitalism-from-indian-capitalists","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/the-jet-airways-lesson-save-indian-capitalism-from-indian-capitalists\/","title":{"rendered":"The Jet Airways lesson: Save Indian capitalism from Indian capitalists"},"content":{"rendered":"<p>The grounding of Jet Airways India Ltd., the country\u2019s oldest private-sector carrier, isn\u2019t just bad news for customers and its 23,000 employees. It raises yet again a question that\u2019s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What\u2019s killing capitalism in India?<\/p>\n<p>Jet was born in the early 1990s when India\u2019s closed Soviet-style planned economy had just started embracing globalization and private enterprise. Back then, few Indians could afford to fly; now the country has the world\u2019s fastest-growing aviation market. An airline that was at one point the industry\u2019s dominant player should theoretically have been able to thrive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The grounding of Jet Airways India Ltd., the country\u2019s oldest private-sector carrier, isn\u2019t just bad news for customers and its 23,000 employees. It raises yet again a question that\u2019s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What\u2019s killing capitalism in India? Jet was born in the early 1990s when India\u2019s closed Soviet-style planned economy had just started embracing globalization and private enterprise. Back then, few Indians could afford to fly; now the country has the world\u2019s fastest-growing aviation market. An airline that was at one point the industry\u2019s dominant [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130,143],"tags":[],"class_list":["post-270939","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270939","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270939"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270939\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}