Air India is much maligned for its poor state of affairs. It loses a staggering amount of money each year, due to political interference, a bloated and inefficient workforce, corruption, and incompetence/mismanagement. Political interference manifests itself in many ways. Firstly, Air India deals with incredible inefficiency because of the procedures it must deal with as a PSU. A timeless read on this topic is Jitender Bhargava’s “The Cost of Being a PSU.” A good example of this cost is the […]
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