Monday, 21 September 2015

Modi's bumbling aviation boom

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India is the fastest-growing aviation market on the planet, according to the International Air Transport Association (IATA), an industry trade group. No thanks to government. Having been elected last year on a pro-business reformist ticket, Narendra Modi, the prime minister, is back-pedalling on his administration's pledge to modernise the sector. After 15 months in power, opined one columnist, "reforms have moved at a pace it takes … to travel from Delhi to Hyderabad by foot, rather than by an airplane."...