{"id":585325,"date":"2023-06-19T10:49:51","date_gmt":"2023-06-19T05:19:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=585325"},"modified":"2023-06-19T11:39:57","modified_gmt":"2023-06-19T06:09:57","slug":"india-will-be-vishwaguru-to-world-on-monopolistic-capitalism-chidambaram-on-rising-airfares","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-will-be-vishwaguru-to-world-on-monopolistic-capitalism-chidambaram-on-rising-airfares\/","title":{"rendered":"India will be \u2018Vishwaguru\u2019 to world on monopolistic capitalism: Chidambaram on rising airfares"},"content":{"rendered":"<p>Senior Congress leader P Chidambaram on Sunday took a swipe at the government over rising airfares, saying that in free markets, when demand increases, supply will increase, but in India\u2019s free market, when demand increases, prices will increase.<\/p>\n<p>The Congress has been attacking the government, demanding concrete action over rising airfares.<\/p>\n<p>In a tweet, Chidambaram said, \u201cDelhi-Chennai Business Class air tickets on Vistara and Air India have been set at a \u2018reasonable\u2019 price of Rs 6300 and Rs 5700 respectively. Oops, sorry, they are set at a \u2018very reasonable\u2019 Rs 63,000 and Rs 57,000 respectively.\u201d \u201cIn free markets, when demand increases, supply will increase. In India\u2019s free market, when demand increases, prices will increase,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senior Congress leader P Chidambaram on Sunday took a swipe at the government over rising airfares, saying that in free markets, when demand increases, supply will increase, but in India\u2019s free market, when demand increases, prices will increase. The Congress has been attacking the government, demanding concrete action over rising airfares. In a tweet, Chidambaram said, \u201cDelhi-Chennai Business Class air tickets on Vistara and Air India have been set at a \u2018reasonable\u2019 price of Rs 6300 and Rs 5700 respectively. Oops, sorry, they are set at a \u2018very reasonable\u2019 Rs 63,000 and Rs 57,000 respectively.\u201d \u201cIn free markets, when demand [&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":[130],"tags":[],"class_list":["post-585325","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/585325","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=585325"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/585325\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=585325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=585325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=585325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}