4 ms·

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

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?