Air India sale: Divestment of national carrier fails to take off; exposes hurdles for Narendra Modi's disinvestment drive

Selling the state carrier is key to Modi's plans to divest assets and help keep the fiscal deficit at 3.3 percent of GDP, a goal already under pressure from giveaways to farmers and other welfare benefits ahead of a national election in 2019.

from Latest News Business on Firstpost https://ift.tt/2IY2QEV