BloombergTwo years ago, India rolled out a laudable plan to unlock the capital trapped in some of its smaller airports. The richest Indian single-handedly crushed data charges for customers to 9 cents a gigabyte, the lowest in the world. But then, who’s even ready or willing to compete, especially in sectors where state policy has a big role in determining winners? However, when it came to winning the Mumbai terminal from GVK Power & Infrastructure Ltd., its liquidity-strapped current owner, disruption to travel doesn’t seem to have damped the group’s eagerness. But if India can’t ensure that with state assets, the corporate landscape will start looking like a Monopoly board, to its aspiring oligarchs and the rest of the world.

Source: Economic Times August 25, 2020 05:19 UTC