Shiv Sena, the Bharatiya Janata Party’s best friend, has petitioned the Narendra Modi government to take over Jet Airways, the unwell personal provider that recently stopped all its operations.
This would imply the nationalization of Jet Airways – using public cash to shop for an inadequately controlled non-public business. That too, in a zone in which the Indian government’s airline, Air India, is bleeding the ordinary taxpayer through gathered losses of more than Rs 53,000 crore despite the continuous bailouts. This wide variety in perspective is more than India’s health finances for 2017-18.
This idea rekindles the darkish nationalization days of Prime Minister Indira Gandhi. As is famous, for political and ideological reasons, Indira Gandhi went on a nationalization spree with the authorities taking manage of banks, popular insurance, and many other things, including coal mines, copper, textiles, wagons, iron, and cotton. Nehruvian socialism is frequently blamed for Indira Gandhi’s nationalization misadventures. Nehru has been the handiest punching bag within the past five years. From China blocking off Masood Azhar’s designation as a worldwide terrorist to the woes of today’s farmers, Nehru, who died more than 50 years back, is mysteriously held answerable for all the disasters of the modern-day authorities.
