{"id":440982,"date":"2021-10-09T09:49:04","date_gmt":"2021-10-09T04:19:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440982"},"modified":"2021-10-09T09:54:56","modified_gmt":"2021-10-09T04:24:56","slug":"air-india-has-broken-19-year-privatisation-jinx","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-has-broken-19-year-privatisation-jinx\/","title":{"rendered":"Air India has broken 19-year privatisation jinx"},"content":{"rendered":"<p>The privatisation of government-owned companies has resumed after a hiatus of almost 19 years with the Narendra Modi government deciding to sell Air India to Tata Group. The Centre had been trying to privatise public sector enterprises (PSEs) for four years thro\u00adugh what it safely labels \u201cstrategic sale\u201d. <\/p>\n<p>A list of 20 firms was drawn up in 2017 but the investor community evin\u00adced little enthusiasm for them. The last time a PSE was privatised was by the Atal Bihari Vajpayee government, whi\u00adch demitted office in May 2004. <\/p>\n<p>There were a series of controversies that came with it, leading to successive governments dropping strategic sale from their agenda. While Air India was on the initial list of 2017, Bharat Petroleum Corp\u00adoration Ltd, Container Corpo\u00adration of India,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The privatisation of government-owned companies has resumed after a hiatus of almost 19 years with the Narendra Modi government deciding to sell Air India to Tata Group. The Centre had been trying to privatise public sector enterprises (PSEs) for four years thro\u00adugh what it safely labels \u201cstrategic sale\u201d. A list of 20 firms was drawn up in 2017 but the investor community evin\u00adced little enthusiasm for them. The last time a PSE was privatised was by the Atal Bihari Vajpayee government, whi\u00adch demitted office in May 2004. There were a series of controversies that came with it, leading to successive [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-440982","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440982","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=440982"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440982\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}