Nanoing the way to change

Nano is finally on the scene, thanks to grit of Tata. One day, actually last year, I was traveling in an auto in Mumbai. I started chatting with the driver both to pass time and to get some idea of their thinking. It was just a few months after Tata had unveiled the Nano in Auto-expo. I asked him what do he think about Nano. He said that Tata is doing real good but it would hurt people like him. I asked and he told that now more and more people would shift to buying cars so the people opting for travel in auto would decrease. I was astonished with his sheer calculations but suddenly a thought came to me and I shared it with him also. I wondered if the Government of India can start a scheme under which they provide some loan to the auto-drivers to buy nano and they can repay the loan in installments. Also, the government can give some exchange-value for their auto. This could have following benefits:

1. First and foremost, it would increase the dignity and self-respect of the auto-drivers as they would then become proud owner of a Taxi,
2. It would reduce the emission-problems up to a great extent and thus the air-quality would improve,
3. The Nano project could also become economically viable and sustainable by the bulk purchases from the government. Nano could be seen as something of which India can feel proud (as the world's cheapest car).
4. The aesthetic looks of the cities would improve as the brand-new Nanos would replace the old autos.

So planner! are you listening...?

Countering the Economic Recession: Impact of the Sixth Pay Commission

The economic recession has resulted in pay-cuts and job-cuts also. One of the driving force behind the previous boom was hefty pay-packets of the private sector. Now, since private sector is gripped by a fear psychosis. People are not only forced to accept substantial cut in salary, they're also under constant fear of losing there job any day. This uncertanity has put reins to their habit of extravagant spending . This could've deepened the crisis further due to shrinking demand. But a countervailing force in form of the Sixth Pay Commission came and the government employees got a sudden surge in their purchasing power. They had unsatieated demand and the Sixth Pay Commission made funds available to saturate this demand. This is one of major reasons why India is comparatively less severely affected with the global recession