The Narendra Modi government appears to be trying hard to sweeten its offer for sale of Air India.
However, irrespective of whatever the government does now, the short window of opportunity that the Modi government had for privatising the state-owned airline is now virtually shut, at least for the next year or so.
Consider this: Even if the terms of sale of Air India are made easier, the deal cannot be closed in the next six months. There are at least three crucial state Assembly elections scheduled to be held before the end of January 2019. Assembly elections
However, irrespective of whatever the government does now, the short window of opportunity that the Modi government had for privatising the state-owned airline is now virtually shut, at least for the next year or so.
Consider this: Even if the terms of sale of Air India are made easier, the deal cannot be closed in the next six months. There are at least three crucial state Assembly elections scheduled to be held before the end of January 2019. Assembly elections