Excise cut for small cars
PCs intension was to make our country a manufacturing hub for auto components, the most prospective sector after textiles and services.
There was a loud cry that this move would congest the already congested city roads. I beg to differ on this.
1) The reduction of mere thousands is not going to tempt the customers in going for a car as the price gap between the two wheelers and four wheeler is already pretty high.
2) The ever galloping Oil prices will make him/her think twice.
3) The already congested roads and the increased travel time will itself make the travelers opt for a better mode of transport.
So, lets not worry about the excise cut and concentrate on builing MRT systems..
3 Comments:
Nice analysis da ..... I have started enjoying ur mails and posts like anything......
I couldnt agree with u on the 2nd and 3rd reasoning.I am not sure whether that will deter a guy from getting a car.
yes macha...its not going to stop anyone from buying a car...but will however stop him/her from using it regularly on the already congested roads...
the concern is not "buying car" but using these "oil guzzlers" very regularly...
the burgeoning middle class should buy a car for the industry to survice...no industry can flourish if it concentrates ONLY on the export market.
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