India’s love affair with public-private partnerships faces a stern test

There is still time for free-market types to enjoy the journey in India that will make them feel the smuggest—that from Delhi to Chennai, the southern city of 9m people once called Madras. You leave a gleaming airport terminal in the capital, built and run by a private firm and opened in 2009. You land at an airport run by the government and are taken by bus to a building that should have been retired along with Leonid Brezhnev.

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