Vast sums are being ploughed into all forms of transport – from airlines to railways to roads and highways -- yet positive return on investment remains an elusive metric for almost all these sectors. At some point, T N Ninan points out here, “traffic growth will have to justify the investment, or the government’s asset monetisation programme will not deliver the expected numbers.
In other views:
Aditi Phadnis discusses the implications of Janata Dal (United)’s Ram Prasad Singh removal from the Union cabinet and what it means for the party’s alliance with the Bharatiya Janata Party.