u are the biggest ignorant fool of IRI. Bewakoofi ki bhi hadd hoti hi.
Ahmed ka topi Mohammed ko mat pehnao...
AI ran well in 80's and 90's.
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Year ...
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Net Profit/(Loss)
Rs. In Crores
1984-85 44.69
1985-86 66.00
1986-87 30.16
1987-88 (43.41)
1988-89 43.31
1989-90 70.89
1990-91 81.23
1991-92 145.84
1992-93 333.14
1993-94 201.90
1994-95 40.80
1995-96 (271.84)
1996-97 (291.94)

hehe, expected an answer from someone like you to start with a retort rather than facts, because there weren't any.
firstly you only replied to a part of my answer rather than the complete text, because even for someone who has more crap filled in brain than a septic tank, you still couldn't muster anything worthwhile against it.
and besides, your given profit loss account only strengthens my point. after liberalization, when people in India had access to better services+their income started rising they moved out to better services. many PSE's ran well...
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in 80's and 90's simply because they had no competition.
BTW, despite your misgivings about your free economy, AI is slowly inching into profitable territory, courtesy proper planning and use of resources, qualities that are in fact hall marks of enterprises in free economy.
click here