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Sunil Jain: Does competition matter?

Most of those who are focussed on the Rs 10,000-odd crore Air India bailout are naturally sceptical about whether it will work. Aviation Minister Praful Patel spends a lot of time talking of the 1,000 employees Air India has in its canteen and even a tailor who gets paid Rs 1.5 lakh a month ‘to repair the seats if they get torn’, but this is hardly the issue — to put   read more »

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