According to a special report published today in The Indian Express, Air India and Indian Airlines, the two state-owned airlines that have been merged into the National Aviation Company of India Ltd (NACIL), are making losses to the tune of 8 crore rupees per day or 3000 crore rupees per annum!
Who is losing this money?
Since private businessmen are not losing this money, it means that the citizenry – you and I – are the ones forking out this money to flatter the socialist ego of The State.
When the private sector has entered civil aviation in such a big way, what is the need for a state-owned entity in the industry?
Obviously, NACIL should be sold off immediately.
If 8 crore rupees was well spent we could build 2 km of expressway per day.
That is the ‘opportunity cost’ of socialism.
Murdabad! Murdabad!
Socialism Murdabad!
Saturday, June 28, 2008
Socialism Murdabad!
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