
No business work/sustain in a society that does not have economic power & ability to buy its services or product.
How can some amendments in the law and regulations can be made to help the 'aam-admi' or anyone to earn more with existing assets, skills, & resources.
This Covid-19 pandemic is going to economically hit everyone around us. Be it be super-rich, rich, high-mid class, mid-class or lower-mid-class, lower class, and so on. This impact and economic distress may create a society where people would either have more money or no money.
This thread lists strategic changes for the next 12-24 mnts that can help boost the economy of a family, company or unit that is looking to sustain themselves during this pande-economic crisis & overall focusing on “Generating Income based on the assets or skill-set available.”
These suggestions are based on how the resources, skills or assets can be re-utilized to generate income and sail through this pandeconomic situation.
[1] Commercial Passenger and Use of White-Plate car: Department: Road and Transport
Use of White-plate cars for Commercial Passenger transportation using Platform such as Ola/Uber for the next 12-24 months.
Use of White-plate cars for Commercial Passenger transportation using Platform such as Ola/Uber for the next 12-24 months.
This will help the car owner to support his EMI and also earn revenue from the car. The limitations can be, the car must be not older than 3 years, and the car should have an EMI on it.
The benefit would be that the EMIs will not be missed, thus keeping the NPA as low as possible for this Automobile sector. The owner/driver whose police verification is manually completed & has no criminal records can drive the car. Thus also creating an economic opportunity.
[1] Potential risk:
This may create a missed between demand v/s supply
The yellow-plate association or lobby may not support this as that may lower down their market demand
Increase in criminal cases, but this can be avoided by having strict police verification
This may create a missed between demand v/s supply
The yellow-plate association or lobby may not support this as that may lower down their market demand
Increase in criminal cases, but this can be avoided by having strict police verification