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Recently, Indian government led by PM Modi declared their plan to sell only electric cars by 2030 as well [0]. Both are great examples of how technology is tryi

Recently, Indian government led by PM Modi declared their plan to sell only electric cars by 2030 as well [0]. Both are great examples of how technology is trying to fix technology's side effects. [0] : http://money.cnn.com/2017/06/03/technology/future/india-electric-cars/index.html http://money.cnn.com/2017/06/03/technology/future/india-elec...

iamshs 9y ago
And undoing with two horrible policies:- 1. Creating a taxpayer funded Uber competitor, all to break up a monopoly. Looks like they don't know concept of a regulator. https://qz.com/1037837/indias-uber-ola-cab-wars-could-have-a-new-player-the-modi-government/ https://qz.com/1037837/indias-uber-ola-cab-wars-could-have-a... 2. Banning self driving cars, because India needs jobs.
- piyush_soni 9y ago
  While I find the ban on self driving cars absurd (and something I hope they'll take back when self driving cars become more common), I don't find anything wrong with a government created competitor of Uber and Ola. Why not, if it eventually benefits the consumers? Also, regulation doesn't increase government's revenues. I don't think the idea is bad by itself, it all depends on the implementation now.
  - jsudhams 9y ago
    Seriously? Like they run all the existing services. What we want less government involvement not more.
    - iamshs 9y ago
      India has glorious public money burning corporations like Air India, BSNL, DoorDarshan, HMT why not add one more?
      - dingo_bat 9y ago
        Air India is going to be sold off soon. HMT is still alive? Does it just exist as an accounting exercise, because I don't see any HMT products.
  - iamshs 9y ago
    Microsoft has monopoly in a market. US/EU response: anti-trust regulations. Uber/Ola have monopoly in a market. Indian response: burn taxpayer money. This is how license raj is created. It will not create revenue but burn money like Air India ($8 Billion worth of taxpayer money burned), OFB, SAIL, BSNL. India has a long list of loss making PSUs. This won't be any different. Uber hasn't earned any profit yet, how will Indian government earn any?
- dingo_bat 9y ago
  100% agreed. This is just stupidity. The word "socialist" in our constitution never ceases to fuck things up.

iamshs 9y ago

And undoing with two horrible policies:- 1. Creating a taxpayer funded Uber competitor, all to break up a monopoly. Looks like they don't know concept of a regulator. https://qz.com/1037837/indias-uber-ola-cab-wars-could-have-a-new-player-the-modi-government/ https://qz.com/1037837/indias-uber-ola-cab-wars-could-have-a... 2. Banning self driving cars, because India needs jobs.

piyush_soni 9y ago
While I find the ban on self driving cars absurd (and something I hope they'll take back when self driving cars become more common), I don't find anything wrong with a government created competitor of Uber and Ola. Why not, if it eventually benefits the consumers? Also, regulation doesn't increase government's revenues. I don't think the idea is bad by itself, it all depends on the implementation now.
- jsudhams 9y ago
  Seriously? Like they run all the existing services. What we want less government involvement not more.
  - iamshs 9y ago
    India has glorious public money burning corporations like Air India, BSNL, DoorDarshan, HMT why not add one more?
    - dingo_bat 9y ago
      Air India is going to be sold off soon. HMT is still alive? Does it just exist as an accounting exercise, because I don't see any HMT products.
- iamshs 9y ago
  Microsoft has monopoly in a market. US/EU response: anti-trust regulations. Uber/Ola have monopoly in a market. Indian response: burn taxpayer money. This is how license raj is created. It will not create revenue but burn money like Air India ($8 Billion worth of taxpayer money burned), OFB, SAIL, BSNL. India has a long list of loss making PSUs. This won't be any different. Uber hasn't earned any profit yet, how will Indian government earn any?
dingo_bat 9y ago
100% agreed. This is just stupidity. The word "socialist" in our constitution never ceases to fuck things up.