{"id":271057,"date":"2019-04-25T05:38:03","date_gmt":"2019-04-25T05:38:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271057"},"modified":"2019-04-25T05:38:03","modified_gmt":"2019-04-25T05:38:03","slug":"opinion-jet-airways-crisis-and-the-collapse-of-indian-capitalism","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-jet-airways-crisis-and-the-collapse-of-indian-capitalism\/","title":{"rendered":"Opinion | Jet Airways crisis, and the collapse of Indian capitalism"},"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 Airways 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 Airways 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 [&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-271057","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\/271057","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=271057"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271057\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}