A new research finding should come as music to the Modi government's ears which has been slowly privatising a lot of public assets, including airports. But first, some background.
As of 2020, 437 airports had been privatised, about 18 per cent of all airports worldwide. 102 of them, the research says, were owned by PE firms at least once.
Thus, in the beginning, all things were private, and the state owned only some of the land. Then, after centuries, came Karl Marx in the 19th century. He said everything, including land, must belong to the state.
Next, in the latter
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper