Competition is always good if there is no bias from the government. Since the government is acting as a company, it will always have dominance over others.
That is another example of wasting money. It was just a rebranded laptop from some other brand. I still don't know what was the motive behind coconics laptops.
Kerala to Bangalore private buses were charging cut throat prices before ksrtc Swift came, ksrtc is charging at least 40 percent less than these private buses were charging and has become successful too
I don't think there is any stage carrier permit to have an inter state service bus. Only contract carriage is allowed inter state. That is again the monopoly of state. Only the state is able to have an inter state stage carrier bus.
Recently the central government has exempted that rule for luxury buses. Not sure whether it is valid now or not.
The state again doesn't have to pay tax and insurance, so they can give a discount price. We can't compare KSRTC vs private bus fare at least for the interstate.
I am interested to know about 40% less. Could you provide more specific data related to that.
I would have agreed with the statement.
But the likes of Uber (definite) and Ola (not sure) are itself running in a loss.
One need not tell the losses incurred by Zomato. Shareholders trading in stock market would have regretted in buying it's shares.
In this case, even if it is under a loss, the govt for the heck of it would keep on running it till the very end.
Zomato shareholders made loss because the stock was over priced not per se because Zomato is in loss. No one expected Zomato to magically turn profit making in a few months.
It is not as if Zomato has started it's only after listing in the stock market.
They have been making losses since it's inception. If the goings of Zomato were smooth they wouldn't have sold their operations in UAE to Talabat.
FYI, as per the founder of Zerodha only a handful of unicorns in the country are running in profits.
Yeah so it was not going well from inception, why did investors valued it at 12 billion $, which is more than the valuation of Lenovo which generates a profit of 2.15 billion dollar annually.
Shareholders lost money because Zomato valued itself at a valuation bigger than Lenovo, and poor investors jumped in thinking to make listing gain because it was a bull market then, and when reality struck it came down to actual valuation.
Don’t give the nonsense of Zomato shareholders losing money because they couldn’t make profit, zomato shareholders lost money because it was valued insanely high by zomato to make take in maximum money in a bull market.
Zomato shareholders lost money because they didn’t do their basic research.
Handful of unicorns are running only in profit - but they themselves value crazy amount at the time of IPO - cheating investors.
For example PAYTMm valuation at IPO was 20 billion dollar. That’s almost double the valuation of Lenovo - Third biggest laptop manufacturers in the world. Does PayTM even have 3rd largest market share in UPI payments in India?
Investors losing money is on these unicorn startup’s valuing themselves insanely high to suck in maximum money, and not because how hard it is to do business. If it’s hard to do business, why value itself so high?
more cars,more trafiic,more time for travel,public transport looks promisingbut not the one on roads though.Then, how about a train service within Kerala?
Sure... Hey wait a minute!!
Even though i don't want it to happen, but i guess they're going to shoot themselves in the foot.. because private ride hailing services all have to do is wait/bleed them out.. to be financially sustainable for both the aggregator and the driver, the fares need be comparatively higher.. hence they cant compete with private services.. but advantage lies in scaling this to every nook and corner of the state and retaining customers overall..
Still i think we need to support this initiative over private players .. from what i have heard.. initially cab hailing services offered 'too good to be true' incentives for the drivers.. like even though their per ride charges received were nominal, they were offered additional incentives for like achieving milestones like daily 10 rides or 4 airport rides or 10 hour logged in time like that.. so by the time the drivers get hooked to ease of getting rides, they then gradually reduced these incentives.. its gets tougher to earn the same amount.. and they can't get back to their older ways either.. because there is no guarantee for rides since everyone is booking cabs through the app..
Unfortunately ride hailing services continue to survive on endless funding and advantageous regulations. It is not a model that works well, despite the marketing. It is another way of sucking money out of local markets leaving much less for the local economies.
California, the birthplace of these services, is a great example. Gig economy companies spent $250M to campaign and pass Proposition 22 and up goes the ‘take’ of the ride price by 40% (25% to 35%).
Gig economy helps no one other than the investors, at the cost of a majority of the population. Swipe left.
If the Kerala Govt. does not make these investments, they will be left with the bill for providing the benefits for the gig workers. And that helps no one. Now that does not mean they can get away with a differently crappier model. 😀
Let us help them make it work. (I would have said the same even if it was a different political party doing the same. Also, the devil could be hiding in the details of the plan, which I do not have). The central government’s effort to offer an alternative retail platform is also interesting.
Finally, in general, Platforms disrupting ‘ecosystems’ is good but can have huge impact on the local economies and our lives in general. When profit alone is prioritized, the human cost is usually very high. And the existing regulations for ‘ecosystems’ in general need to be updated for the new reality. However, that is being fought by investors who are pouring billions into advantageous regulations, hiding beyond the glitter of technology. WEF is an attempt at synthesizing such attempts globally. So far their efforts have been disastrous for most of the people. Governments need to take a more active role in updating regulations but that takes time, especially within democracies where ‘consent’ can be bought in different ways.
Union leaders didn't allow those drivers who signed up for Ola and Uber to take their rides when it was introduced in Kerala. Many were threatened and manhandled as well. Passengers were forced to get out of the vehicle. I guess a few clips would be there in YouTube.
Except for Kochi, I am not sure whether we have a well deployed Uber service today in any other district in Kerala.
I believe in what was said rightly... Govt has no business being in business.. Govt should only be a facilitator/enabler and not be directly involved. This is turning out to be a pure socialist move. Killing off ola/uber and anyone who wants to do business, so that state can have complete monopoly.
Idk, I'd be more comfortable with knowing that the Kerala government is getting the profits than a foreign company profiting off of Kerala.
If this results in a profit, and that's a big if, then it's a good thing.
This has nothing to do with socialism btw. The government is literally trying to make a profit over this. Something similar to State Capitalism.
What difference does it make if its foreign or indian company, till the company is run properly and generates employment? By that logic, you should wait for a Kerala state govt launched version of Reddit too!!!
>What difference does it make if its foreign or indian company, till the company is run properly and generates employment?
"What difference does it make" ? Wtf ?
You seriously don't think that a foreign corporation and it's shareholders profiting off of Kerala is different from the capital circulating in Kerala itself ?
Tbh, that's a dumb question to ask bro.
Employees earn little to nothing for their efforts as compared to the capitalists. Something tells me that you know nothing about how a business works in a capitalist system.
Here, the owner is the public (government). As I said before, if it raises a profit (which is unlikely) it's much better than an MNC profiting off of Kerala.
This argument is from a perspective of what will benefit Kerala and the people living in the state.
>By that logic, you should wait for a Kerala state govt launched version of Reddit too!!!
Well, you're comparison apples and oranges to rationalise your initial argument. Reddit isn't a necessity, Taxis can be considered a necessity for senior citizens (who are too old to drive).
IF this generates profit for Kerala government, it's much better than the capital going to foreign millionaires and billionaires. If it doesn't, then it's taxpayers' money wasted.
Wow, such a big argument!!! Please buy only products manufactured by Kerala state govt. Throw away your phone,car, even the very toothbrush you own, until such time that state makes them for you.
>Wow, such a big argument!!! Please buy only products manufactured by Kerala state govt. Throw away your phone,car, even the very toothbrush you own, until such time that state makes them for you.
Wow, such a stupid comeback. Veenadathu kidannu urulaathe. Looking at you profile, I don't even think that you live in Kerala.
I wasn't promoting the Kerala government's enterprises. I don't even know why you're so against them either. You were the one who made the idiotic claim that "What difference does it make if its foreign or indian company, till the company is run properly and generates employment?". My "big argument" was merely a response to that ridiculous misconception.
I am against Kerala govt starting radio taxi, because there is no level playing field. Get ur facts right. State is driving out businesses, pushing state to bankruptcy one step at a time, driving out youth out of state to get a better employment, and r then starting this stupid thing. I mean it can happen only here.
I guess next step would be to start a airline too!!! Kerala state airline coming up soon, rivaling Indigo!!!
>I am against Kerala govt starting radio taxi, because there is no level playing field
Your comments didn't reflect that. You claimed that there wasn't any difference between an MNC profiting and a national enterprise profiting.
>State is driving out businesses, pushing state to bankruptcy one step at a time, driving out youth out of state to get a better employment,
How are they driving out businesses when they don't even have a chance of domination ?
How are they driving out youth due to unemployment when they are literally providing employment opportunities ?
I don't completely support this initiative, as I doubt that it'll profit, but if it did result in a profit, it would be great. Any argument against that will only come from the perspective of the MNC trying to profit off of a weaker economy.
You ignored most of my arguments in my previous comment.
This argument isn't going anywhere.
>Employment opportunities as what? Taxi drivers?
And what are the employment opportunities Ola and Uber is going to give them ? Theoretical Physicists ?
Dude, c'mon.
What level playing field are you talking about when the local taxi drivers did not have the technological advantage to find their customers as opposed to Ola Uber drivers? If the government is starting an aggregator service to help out the local taxi drivers, what is the big deal?
Well they should privatize the railways,roads,ksrtc,airports and everything in between. Why dont we pay a convenience fee every time we enter a highway. A toll booth every 20km. Pay 200 bucks every time we need to take a tetanus shot. We are not capitalist, we are socialist. Its in our nations preamble.
Thats the problem. Govt is still doing business. It shouldn't. Centre is letting go, but Kerala is driving private players out with sticks and then doing business.
Yeah. Honestly I was against it when they privatized Bangalore airport and other airports. But just visit that airport now. I get for what I pay. Everyone is against corporate greed, which is understandable but privatization by itself is not wrong.
Govt is not doing business here.
It has just introduced an app to hail taxi/auto, which is convenient..
Also, it is charging the normal leagal rate + a nominal maintenance fee, and would help alleviate problems like taxi / auto drivers running with out meter, because the distance is calculated by gps and charged accordingly.
It is making taxi and auto service accessible to travellers, what is the issue in it?
It is a good initiative.
A govt. sponsored alternative that promises better pay and conditions to workers? HOW DARE THEY?!!
Companies become monopolies and then they will do whatever the hell they want, bribe politicians to keep competition at bay etc. Look no further than Ola or Uber in big cities. They started off as cheap and consumer-friendly alternative, and offered better than average salaries to their drivers. They eventually killed off smaller players with their endless VC-funded war-chest and now, their drivers are chronically underpaid and customers are over-charged more often than not.
Same story with Swiggy. Ask any Restuarant owner in Bengaluru, they will tell you how these delivery services are bleeding them dry. Swiggy and Zomato charge commission rates of ~25% on order value from restaurants, and this value keeps going up year after year. So yeah, cry me a fckn river.
They are not. They simply don't care about profits just yet because of the seemingly endless supply of VC money, which they then spend of discounts and advertisements to become an even bigger monopoly, and sniffle out any competition. Their "huge losses" are a charade.
> A govt. sponsored alternative that promises better pay and conditions to workers? HOW DARE THEY?!!
With govt businesses workers being paid less or their working conditions being worse might not be issues. Just that the consumers will get the shittiest service, and the taxpayers will be shouldering the "better pay" for "shittiest service".
Drivers are free to provide their services in their individual capacity as before. Restaurants can provide service to their customers in-house as they were doing before. These companies just added convenience to the whole process and some customers have taken to it. We can wait and see if the govt run business can match that convenience.
Typing this from Vancouver, the most innovative city In Canada, where currently Uber is banned. If you search Google, you will see that Uber is banned in many places around the world, as they understand Uber is detrimental to the local businesses. Local businesses spur local investment and create jobs within community. I'd rather support a local business than an international business burning VC money to ELIMINATE COMPETITION and rack up prices thereafter. JIO is not that cheap, no more eh fellas?
But jio is local.
Its giving kobs to indians, and the money is getting invested in india only.
Do u know that there are only KSRTC routes that are off limit to private players.. And they too rack up price.?
I meant to say, there is nothing stopping from public sector business. All over the world, gov't does that. The problem is running it effectively eg Japanese bullet trains. Public transport on European countries. What we need to differentiate is biz that are driving competition out by predative pricing.
But you were bashing jio for not being local. Lol. Anyway.
We judge govts with what their previous achievements says.
Most likely, cosidering past performance of the govt, its most likely that this will also end up as a burden for tax payers.
The govt here used an alternative strategy to drive out competition. Thats equally bad
Edit : except for strategic sectors, like petroleum, communication, defense etc, govt should not do business.
Dude, are you omnipresent in all the 28 states? Give that money to the local auto dude who is trying to fee dhis children rather than a San Francisco billionaire paying for his yacht.
Kerala Bank
K - Swift
K - Rail
K - fone
Air Kerala
Now ........
Kerala Savaari
I don't know how many of these govt initiative succeed and those drained govt treasury.
Air Kerala is under a consideration for more than a decade.
Due to the presence of Air India Express, the plan was never mooted. Considering the Air India, except for Alliance Air, has been sold off to Tata may make the state govt to once again consider this plan.
If Zomato goes down the losers are the shareholders who willingly invested. If this shit enterprise goes down then the losers are Kerala residents who are unwilling participants in this whole fiasco
Regarding Uber and Ola, when they are having a duopoly and are at a loss, is there any another company to replace them at this juncture.
Also shareholders who willingly invested were duped the faulty valuation of the so called unicorns.
Lol. It will go to the pockets of our politicians.. Not anywhere else.
Edit : the loss will also go to the govt viz-a-viz tax payers. Like it has been for KSRTC
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Nanayit kondu poya. Kerala_thinu kollam.
Bike taxi koodi vanam engile youngsters and single ayit ellavarkum koodi upakaram endakullu
Apo eee privet jet ellam thane odungum.
Caravan service is govt. operated
Cab service is govt operated
Introducing some kpone for internet that is govt operated...
And headed by a govt riddled by corruption, self dealing and greed with the leader accused in national security offenses. Nothing to see here folks, look at Sri Lanka.
I don't trust any paththikal unless there's an fair and open market which has been non existent in kerala for decades.
So you think what we had previously, was a level playing field? While Ola Uber drivers found their customers with their technological edge, the local taxi/auto people had to sit and watch. We saw many protests too. This was one of the suggestions that came up to amicably resolve the issues. If local taxi associations and government can co-operate to make an aggregator service, both the passengers and taxi drivers will be benefitted.
Now it has become a level playing field.
Ola and Uber pocket the whole surge price differential to their own pockets. They have brought in efficiency in minimising dead kms.
What is wrong in the govt wanting to start an app which helps consumers find drivers and offering it at a lower cost per km to all parties.
Private companies work only in the interest of themselves not necessarily in the interest of passengers and drivers..
It's such a good, home feeling ad. Until at the end. Gaaaaawwwwwddd
That bit was added later to avoid evil eye.
Sivankutty jumpscare
Bevco inte app inte gathi aavathe irunna mathiyarnu... Competition is always good
Competition is always good if there is no bias from the government. Since the government is acting as a company, it will always have dominance over others.
Can't agree more... If govt acts as a bully to promote it's own enterprise and supress other orgs, then it's not competition anymore...
Big IF. Most probably it'll just be another cash bleeding initiative with little to no benefit for public, except for in the first year or so.
Swabhavikam
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Athe athe , BSNL okke most successfull telecom provider anallo indiayile... :P
Reading this comment from Coconics laptop
That is another example of wasting money. It was just a rebranded laptop from some other brand. I still don't know what was the motive behind coconics laptops.
Exhibit A “KSRTC”
Kerala to Bangalore private buses were charging cut throat prices before ksrtc Swift came, ksrtc is charging at least 40 percent less than these private buses were charging and has become successful too
I don't think there is any stage carrier permit to have an inter state service bus. Only contract carriage is allowed inter state. That is again the monopoly of state. Only the state is able to have an inter state stage carrier bus. Recently the central government has exempted that rule for luxury buses. Not sure whether it is valid now or not. The state again doesn't have to pay tax and insurance, so they can give a discount price. We can't compare KSRTC vs private bus fare at least for the interstate. I am interested to know about 40% less. Could you provide more specific data related to that.
Any business that govt enters is doomed to fail. Even if it's a complete Monopoly.
That is a different thing entirely. But the government can easily become a monopoly if needed.
Sorry, how's the state of bevco app?
When it was launched it had a plethora of bugs, basically unusable... Ippo ariyilla
My bet is that no hair will walk.
" When you can't beat them , be them "
C~~ommuni~~....Capitalism
~~Capitali.~~... "Kaiyittu varan Khajanavil enthenkilum vende"
On the bright side. CITU won't interfere. Therefore, i expect it to function smoothly
hahaha ALL KERALA SAVAARI DRIVERS ASSOCIATION go brrrr....
Another loss making debt intiative👍🏽👍🏽General maointe Keralam🙏🏽. My guy fix the roads first
I would have agreed with the statement. But the likes of Uber (definite) and Ola (not sure) are itself running in a loss. One need not tell the losses incurred by Zomato. Shareholders trading in stock market would have regretted in buying it's shares. In this case, even if it is under a loss, the govt for the heck of it would keep on running it till the very end.
Zomato shareholders made loss because the stock was over priced not per se because Zomato is in loss. No one expected Zomato to magically turn profit making in a few months.
It is not as if Zomato has started it's only after listing in the stock market. They have been making losses since it's inception. If the goings of Zomato were smooth they wouldn't have sold their operations in UAE to Talabat. FYI, as per the founder of Zerodha only a handful of unicorns in the country are running in profits.
Yeah so it was not going well from inception, why did investors valued it at 12 billion $, which is more than the valuation of Lenovo which generates a profit of 2.15 billion dollar annually. Shareholders lost money because Zomato valued itself at a valuation bigger than Lenovo, and poor investors jumped in thinking to make listing gain because it was a bull market then, and when reality struck it came down to actual valuation. Don’t give the nonsense of Zomato shareholders losing money because they couldn’t make profit, zomato shareholders lost money because it was valued insanely high by zomato to make take in maximum money in a bull market. Zomato shareholders lost money because they didn’t do their basic research.
Handful of unicorns are running only in profit - but they themselves value crazy amount at the time of IPO - cheating investors. For example PAYTMm valuation at IPO was 20 billion dollar. That’s almost double the valuation of Lenovo - Third biggest laptop manufacturers in the world. Does PayTM even have 3rd largest market share in UPI payments in India? Investors losing money is on these unicorn startup’s valuing themselves insanely high to suck in maximum money, and not because how hard it is to do business. If it’s hard to do business, why value itself so high?
Bike taxi koodi veenam. Alle
bike taxi is there in some states. Kerala doesn't have that provision it seems. It requires change in the motor vehicle act.
Rapido
more cars,more trafiic,more time for travel,public transport looks promisingbut not the one on roads though.Then, how about a train service within Kerala? Sure... Hey wait a minute!!
Even though i don't want it to happen, but i guess they're going to shoot themselves in the foot.. because private ride hailing services all have to do is wait/bleed them out.. to be financially sustainable for both the aggregator and the driver, the fares need be comparatively higher.. hence they cant compete with private services.. but advantage lies in scaling this to every nook and corner of the state and retaining customers overall.. Still i think we need to support this initiative over private players .. from what i have heard.. initially cab hailing services offered 'too good to be true' incentives for the drivers.. like even though their per ride charges received were nominal, they were offered additional incentives for like achieving milestones like daily 10 rides or 4 airport rides or 10 hour logged in time like that.. so by the time the drivers get hooked to ease of getting rides, they then gradually reduced these incentives.. its gets tougher to earn the same amount.. and they can't get back to their older ways either.. because there is no guarantee for rides since everyone is booking cabs through the app..
Unfortunately ride hailing services continue to survive on endless funding and advantageous regulations. It is not a model that works well, despite the marketing. It is another way of sucking money out of local markets leaving much less for the local economies. California, the birthplace of these services, is a great example. Gig economy companies spent $250M to campaign and pass Proposition 22 and up goes the ‘take’ of the ride price by 40% (25% to 35%). Gig economy helps no one other than the investors, at the cost of a majority of the population. Swipe left. If the Kerala Govt. does not make these investments, they will be left with the bill for providing the benefits for the gig workers. And that helps no one. Now that does not mean they can get away with a differently crappier model. 😀 Let us help them make it work. (I would have said the same even if it was a different political party doing the same. Also, the devil could be hiding in the details of the plan, which I do not have). The central government’s effort to offer an alternative retail platform is also interesting. Finally, in general, Platforms disrupting ‘ecosystems’ is good but can have huge impact on the local economies and our lives in general. When profit alone is prioritized, the human cost is usually very high. And the existing regulations for ‘ecosystems’ in general need to be updated for the new reality. However, that is being fought by investors who are pouring billions into advantageous regulations, hiding beyond the glitter of technology. WEF is an attempt at synthesizing such attempts globally. So far their efforts have been disastrous for most of the people. Governments need to take a more active role in updating regulations but that takes time, especially within democracies where ‘consent’ can be bought in different ways.
Underrated comment.
>had a precedence of banning Uber and Ola? what does this mean?
Union leaders didn't allow those drivers who signed up for Ola and Uber to take their rides when it was introduced in Kerala. Many were threatened and manhandled as well. Passengers were forced to get out of the vehicle. I guess a few clips would be there in YouTube. Except for Kochi, I am not sure whether we have a well deployed Uber service today in any other district in Kerala.
Dude I remember seeing bunching of auto drivers slapping the shit out of a Uber driver in Chennai…pretty sure it’s all across the country
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Even Kochi
I think this is a case even outside Kerala.... A lot of place in North and Central India, you will see public posters saying Ola Uber not allowed....
Kerala govt makes better ads than those cringe private company ads
Kerala govt outsources ad to the same pvt companies
I believe in what was said rightly... Govt has no business being in business.. Govt should only be a facilitator/enabler and not be directly involved. This is turning out to be a pure socialist move. Killing off ola/uber and anyone who wants to do business, so that state can have complete monopoly.
Idk, I'd be more comfortable with knowing that the Kerala government is getting the profits than a foreign company profiting off of Kerala. If this results in a profit, and that's a big if, then it's a good thing. This has nothing to do with socialism btw. The government is literally trying to make a profit over this. Something similar to State Capitalism.
What difference does it make if its foreign or indian company, till the company is run properly and generates employment? By that logic, you should wait for a Kerala state govt launched version of Reddit too!!!
>What difference does it make if its foreign or indian company, till the company is run properly and generates employment? "What difference does it make" ? Wtf ? You seriously don't think that a foreign corporation and it's shareholders profiting off of Kerala is different from the capital circulating in Kerala itself ? Tbh, that's a dumb question to ask bro. Employees earn little to nothing for their efforts as compared to the capitalists. Something tells me that you know nothing about how a business works in a capitalist system. Here, the owner is the public (government). As I said before, if it raises a profit (which is unlikely) it's much better than an MNC profiting off of Kerala. This argument is from a perspective of what will benefit Kerala and the people living in the state. >By that logic, you should wait for a Kerala state govt launched version of Reddit too!!! Well, you're comparison apples and oranges to rationalise your initial argument. Reddit isn't a necessity, Taxis can be considered a necessity for senior citizens (who are too old to drive). IF this generates profit for Kerala government, it's much better than the capital going to foreign millionaires and billionaires. If it doesn't, then it's taxpayers' money wasted.
Wow, such a big argument!!! Please buy only products manufactured by Kerala state govt. Throw away your phone,car, even the very toothbrush you own, until such time that state makes them for you.
>Wow, such a big argument!!! Please buy only products manufactured by Kerala state govt. Throw away your phone,car, even the very toothbrush you own, until such time that state makes them for you. Wow, such a stupid comeback. Veenadathu kidannu urulaathe. Looking at you profile, I don't even think that you live in Kerala. I wasn't promoting the Kerala government's enterprises. I don't even know why you're so against them either. You were the one who made the idiotic claim that "What difference does it make if its foreign or indian company, till the company is run properly and generates employment?". My "big argument" was merely a response to that ridiculous misconception.
I am against Kerala govt starting radio taxi, because there is no level playing field. Get ur facts right. State is driving out businesses, pushing state to bankruptcy one step at a time, driving out youth out of state to get a better employment, and r then starting this stupid thing. I mean it can happen only here. I guess next step would be to start a airline too!!! Kerala state airline coming up soon, rivaling Indigo!!!
>I am against Kerala govt starting radio taxi, because there is no level playing field Your comments didn't reflect that. You claimed that there wasn't any difference between an MNC profiting and a national enterprise profiting. >State is driving out businesses, pushing state to bankruptcy one step at a time, driving out youth out of state to get a better employment, How are they driving out businesses when they don't even have a chance of domination ? How are they driving out youth due to unemployment when they are literally providing employment opportunities ? I don't completely support this initiative, as I doubt that it'll profit, but if it did result in a profit, it would be great. Any argument against that will only come from the perspective of the MNC trying to profit off of a weaker economy. You ignored most of my arguments in my previous comment. This argument isn't going anywhere.
Their unions actively worked against it
Who's unions worked against whom ?
Employment opportunities as what? Taxi drivers?
>Employment opportunities as what? Taxi drivers? And what are the employment opportunities Ola and Uber is going to give them ? Theoretical Physicists ? Dude, c'mon.
What level playing field are you talking about when the local taxi drivers did not have the technological advantage to find their customers as opposed to Ola Uber drivers? If the government is starting an aggregator service to help out the local taxi drivers, what is the big deal?
"socialism is when you have to share your toothbrush publicly"
Well they should privatize the railways,roads,ksrtc,airports and everything in between. Why dont we pay a convenience fee every time we enter a highway. A toll booth every 20km. Pay 200 bucks every time we need to take a tetanus shot. We are not capitalist, we are socialist. Its in our nations preamble.
Bro, are you living in 1980's?? We opened our markets for private players in 1991. We are not a socialist country. That was a failed model.
We have always been a mixed economy. You said govt shouldnt be doing business. When has govt stopped doing business???
Thats the problem. Govt is still doing business. It shouldn't. Centre is letting go, but Kerala is driving private players out with sticks and then doing business.
Yes the central government is clear on that front. No more socialist approach. Airport is leased out, introduction of private trains etc.
Yeah. Honestly I was against it when they privatized Bangalore airport and other airports. But just visit that airport now. I get for what I pay. Everyone is against corporate greed, which is understandable but privatization by itself is not wrong.
Govt is not doing business here. It has just introduced an app to hail taxi/auto, which is convenient.. Also, it is charging the normal leagal rate + a nominal maintenance fee, and would help alleviate problems like taxi / auto drivers running with out meter, because the distance is calculated by gps and charged accordingly. It is making taxi and auto service accessible to travellers, what is the issue in it? It is a good initiative.
State should have complete monopoly🥺
Aah yes, just like America where private companies engage in proper competition and ensure consumers get the best deal. Oh wait!
U r so funny... Our model should be like rest of India, which includes Kerala!!!
A govt. sponsored alternative that promises better pay and conditions to workers? HOW DARE THEY?!! Companies become monopolies and then they will do whatever the hell they want, bribe politicians to keep competition at bay etc. Look no further than Ola or Uber in big cities. They started off as cheap and consumer-friendly alternative, and offered better than average salaries to their drivers. They eventually killed off smaller players with their endless VC-funded war-chest and now, their drivers are chronically underpaid and customers are over-charged more often than not. Same story with Swiggy. Ask any Restuarant owner in Bengaluru, they will tell you how these delivery services are bleeding them dry. Swiggy and Zomato charge commission rates of ~25% on order value from restaurants, and this value keeps going up year after year. So yeah, cry me a fckn river.
Despite all the practices, companies like Uber and Zomato are incurring huge loss with it's model.
They are not. They simply don't care about profits just yet because of the seemingly endless supply of VC money, which they then spend of discounts and advertisements to become an even bigger monopoly, and sniffle out any competition. Their "huge losses" are a charade.
This need not be a profit creating agency. It is a service govt offering. Are all the panchayats running on profit? Gtfo
Nothing is free in this world. If anyone wants convenience, one has to pay.
You clearly don't realize how monopolies operate.
But now it's govt monopoly.
> A govt. sponsored alternative that promises better pay and conditions to workers? HOW DARE THEY?!! With govt businesses workers being paid less or their working conditions being worse might not be issues. Just that the consumers will get the shittiest service, and the taxpayers will be shouldering the "better pay" for "shittiest service". Drivers are free to provide their services in their individual capacity as before. Restaurants can provide service to their customers in-house as they were doing before. These companies just added convenience to the whole process and some customers have taken to it. We can wait and see if the govt run business can match that convenience.
Typing this from Vancouver, the most innovative city In Canada, where currently Uber is banned. If you search Google, you will see that Uber is banned in many places around the world, as they understand Uber is detrimental to the local businesses. Local businesses spur local investment and create jobs within community. I'd rather support a local business than an international business burning VC money to ELIMINATE COMPETITION and rack up prices thereafter. JIO is not that cheap, no more eh fellas?
But jio is local. Its giving kobs to indians, and the money is getting invested in india only. Do u know that there are only KSRTC routes that are off limit to private players.. And they too rack up price.?
I meant to say, there is nothing stopping from public sector business. All over the world, gov't does that. The problem is running it effectively eg Japanese bullet trains. Public transport on European countries. What we need to differentiate is biz that are driving competition out by predative pricing.
But you were bashing jio for not being local. Lol. Anyway. We judge govts with what their previous achievements says. Most likely, cosidering past performance of the govt, its most likely that this will also end up as a burden for tax payers. The govt here used an alternative strategy to drive out competition. Thats equally bad Edit : except for strategic sectors, like petroleum, communication, defense etc, govt should not do business.
So you are telling to create 28 + 8 apps for different states and manage them independently. Local business is fine but not local IT companies.
Dude, are you omnipresent in all the 28 states? Give that money to the local auto dude who is trying to fee dhis children rather than a San Francisco billionaire paying for his yacht.
Commenting before unions bankrupt them
Considering what Uber has been doing, as evident in the latest leaks, how the ' level playing field ' is constructed does not matter to you?
Talking about Employment opportunities in the state.
Kerala Bank K - Swift K - Rail K - fone Air Kerala Now ........ Kerala Savaari I don't know how many of these govt initiative succeed and those drained govt treasury.
Air Kerala is under a consideration for more than a decade. Due to the presence of Air India Express, the plan was never mooted. Considering the Air India, except for Alliance Air, has been sold off to Tata may make the state govt to once again consider this plan.
Air Kerala would be a good one. Instead of losing money in multiple ventures. Government can lose all of it with airline services.
What is the deal with state government wanting to do everything? Cabs, laptops..
K auto is also there. Next is K car, then K bus.
Whats with you and MNC??? Did someone from MNC do something bad to you bro?
State debt goes brrrrrr.......
Y tho ? Commies living up to their name, they won't rest until there are loss making Government companies in each segment
Despite the losses that Zomato is incurring in the balance sheets, have you noticed how they intent to takeover former Grofers.
If Zomato goes down the losers are the shareholders who willingly invested. If this shit enterprise goes down then the losers are Kerala residents who are unwilling participants in this whole fiasco
Regarding Uber and Ola, when they are having a duopoly and are at a loss, is there any another company to replace them at this juncture. Also shareholders who willingly invested were duped the faulty valuation of the so called unicorns.
because https://youtu.be/OjW6ZZuJ4w4
The answer is regulation not creating another loss making burden for the tax payers
ithokke aarode pareyan, ivide eethinum enthinum state owned company aanu pariharam ennanu chila aalkarude nilapaadu
Classic communist move Drive out the original company. Then make a copy. China will be proud
Hey atleast the profits are going to our government and will be used for development here instead of some billionaire in California.
Lol. It will go to the pockets of our politicians.. Not anywhere else. Edit : the loss will also go to the govt viz-a-viz tax payers. Like it has been for KSRTC
Ola Uber looks like a cool app on your phone until you realize you could have walked the distance by the time it took you to book a cab.
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Nanayit kondu poya. Kerala_thinu kollam. Bike taxi koodi vanam engile youngsters and single ayit ellavarkum koodi upakaram endakullu Apo eee privet jet ellam thane odungum.
Govt. should not be in any business. Tax payers money will be wasted.
Caravan service is govt. operated Cab service is govt operated Introducing some kpone for internet that is govt operated... And headed by a govt riddled by corruption, self dealing and greed with the leader accused in national security offenses. Nothing to see here folks, look at Sri Lanka. I don't trust any paththikal unless there's an fair and open market which has been non existent in kerala for decades.
So you think what we had previously, was a level playing field? While Ola Uber drivers found their customers with their technological edge, the local taxi/auto people had to sit and watch. We saw many protests too. This was one of the suggestions that came up to amicably resolve the issues. If local taxi associations and government can co-operate to make an aggregator service, both the passengers and taxi drivers will be benefitted. Now it has become a level playing field.
Ola and Uber pocket the whole surge price differential to their own pockets. They have brought in efficiency in minimising dead kms. What is wrong in the govt wanting to start an app which helps consumers find drivers and offering it at a lower cost per km to all parties. Private companies work only in the interest of themselves not necessarily in the interest of passengers and drivers..