Prime Minister Nrendra Modi is requested to create a Special category among #SeniorCitizens who are more than 80 years old. For them :
1. No jail term for any offence. If found guilty they should be home quarantined, and local Police Station person can visit them weekly for keeping a track. This will save lot of government money also and put less burden on jail facilities.
2. Create special health insurance scheme applicable only after attaining age of 80 for free medical treatment without any hassles in any hospital. For people covered under Ayushman Bharat it is already there. This is needed for others too.
3. No Income Tax should be levied on persons in this special category of 80 plus for income up-to 10 lakh with absolutely simple form to file returns. All earlier disputes must be settled at the earliest with least hassles for them.
4. Old age homes for this special category is a must with medical and other facilities. Rich should pay, for others should be free. NGOs can be motivated to help too. Country must facilitate their respectable departure for heavenly abode.
Sunday, April 19, 2020
Seeing A Dark Future For Automobile Industry
Post Corona I see a very dark future for the automobile sector. Sales of new cars and goods transport vehicles will come to a stand still.
Primary reasons for this gloomy forecast
* Priority will be to arrange for the basic needs.
* Expansion activities of all will be the first to be hit resulting in no need of more vehicles.
* Infra projects of government will be badly hit as priorities will shift.
* Replacement market will cease for long.
* Additional vehicles in industry, business and family will not be in priority list.
* Shifting from 2 wheeler to 4 wheeler will halt, once again because of priorities changing.
* Demand for trucks will go down as there will be less transportation of goods.
With this happening we will see
* Closure of few industries.
* Cutting down production to around 10%.
* Closing down of most retail show rooms.
* Tremendous job loss.
* Salary cuts at higher level.
* Cost cutting all over.
What would improve
* Demand for public transport will increase.
* Increase in sales/purchase of used vehicles.
* Increase in vehicle repairing sector.
* Increase in demand of spare parts.
Primary reasons for this gloomy forecast
* Priority will be to arrange for the basic needs.
* Expansion activities of all will be the first to be hit resulting in no need of more vehicles.
* Infra projects of government will be badly hit as priorities will shift.
* Replacement market will cease for long.
* Additional vehicles in industry, business and family will not be in priority list.
* Shifting from 2 wheeler to 4 wheeler will halt, once again because of priorities changing.
* Demand for trucks will go down as there will be less transportation of goods.
With this happening we will see
* Closure of few industries.
* Cutting down production to around 10%.
* Closing down of most retail show rooms.
* Tremendous job loss.
* Salary cuts at higher level.
* Cost cutting all over.
What would improve
* Demand for public transport will increase.
* Increase in sales/purchase of used vehicles.
* Increase in vehicle repairing sector.
* Increase in demand of spare parts.
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