Former Chief Economic Adviser (CEA) KV Subramanian said that Air India’s sale “is big because it corrects a 68-year-old folly”. “India’s economic policy comes full circle,” he tweeted. On Friday, Tata Sons emerged as the winning bidder for Air India, the airline that it founded in 1932. The airline was nationalised by late PM Jawaharlal Nehru’s government in 1953
