Diesel, petrol cabs go off roads in Delhi, owners warn of suicides

May 2, 2016

New Delhi, May 2: The Supreme Court’s ban on plying of diesel and petrol driven taxis in Delhi took effect on Sunday, with three taxi owners warning this might lead to suicides in frustration.

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Cab operators termed the apex court’s decision tyrannical, saying if the decision was not changed then it will lead many of them to commit suicide. Over 27,000 taxis run on diesel alone in Delhi.

The cab operators said that they had decided to protest after mutual consultations. They claimed that almost half the taxis were run on diesel in the national capital.

“I have cancelled 17 bookings since morning as most of my taxis are run on diesel. I have only five taxis run by CNG. We do not understand why the court and Government come up with such decisions?” S. Kumar, owner of Kumar Taxi Services in central Delhi, told media.

He said the apex court decision of Saturday will lead many taxi operators to commit suicide as they won’t be able to pay their car instalments now.

“How do we pay our monthly instalments to banks for the loans taken to buy taxis? Does not the government realize that diesel cars can’t be converted into CNG?”

The Supreme Court on Saturday refused to give more time to taxi operators to switch to the cleaner compressed natural gas (CNG). The deadline for the change, which had been extended twice, was Saturday.

Another transporter, who did not wished to be named, told media: “The order would have at least made sense if it was applicable to diesel taxis after their ongoing permit got over. That would have at least given some time to the operators to arrange for alternate taxis. But now we are all ruined.”

According to the Delhi transport department, about 60,000 taxis are registered in the city. Of them, 27,000 run on diesel.

Some taxi operators believe the court ruling will mainly affect cab aggregators Ola and Uber.

“The decision is not applicable to taxis with All India Tourist Permit. This is going to be a setback for Ola and Uber who have a large number of taxis run on diesel,” Raman of Kamal Taxi Service said.

“The authorities should not be surprised if taxi owners and drivers commit suicide in sheer frustration,” Raman added.

Pritpal Singh, a taxi owner in south Delhi, that even taxis with all-India permits often plied within the capital when there was no business for journeys outside. “So even they will be hit. We don’t know what to do.”

On Sunday, with taxis plying on petrol and diesel staying off the roads, commuters switched over to the limited number of CNG-driven yellow-top taxis and auto-rickshaws. The problem is expected to peak on Monday.

“I called two taxi companies but declined to take my booking citing lack of CNG cabs. Finally I took an auto-rickshaw to reach Noida Sector 15,” Sangeeta Johari, a stock broker, told media.

Piyush, working with a NGO, told media that he waited for two hours to get his taxi booked.

“I was initially told there are no cabs. Later, they said a taxi will be available but in two hours. I had no option and to wait,” he said.

This is the second blow to Uber and Ola in Delhi. The Delhi government has declared that it will not let them charge “surge pricing”.

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News Network
April 9,2020

New Delhi, Apr 9: With an increase of 540 positive COVID-19 cases reported in the last 24 hours, India's tally of coronavirus cases has risen to 5,734, said the Ministry of Health and Family Welfare on Thursday.

Out of the 5,734 cases; 5,095 are active COVID-19 cases and 472 cases have been recovered/discharged and one case migrated.
The death toll has also risen to 166 after 17 new deaths were reported in the last 24 hours.

Maharashtra is the worst-hit state 1,135 positive cases so far and while Tamil Nadu is second with 738 positive cases. Delhi's tally has risen to 669 cases. 

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News Network
June 27,2020

New Delhi, Jun 27: Prime Minister Narendra Modi on Saturday said that India fared much better compared to some other countries in the fight against the COVID-19 pandemic. The PM made this observation while delivering the inaugural address to mark the 90th birth anniversary celebrations of Reverend Dr Joseph Mar Thoma Metropolitan.

"Earlier this year, some people had predicted that the impact of the virus in India would be very severe. Due to lockdown, many initiatives have been taken by the Government and in this people-driven fight, India is much better placed than many other nations. India's recovery rate is rising," Modi said in his virtual address.

He further warned that the time was not apt to "let our guard down".

The prime minister greeted the Mar Thoma Metropolitan and wished him a "long life and best health."

"Dr Joseph Mar Thoma has devoted his life for the betterment of our society and nation. He has been particularly passionate about the removal of poverty and women empowerment," the prime minister said.

Praising the Mar Thoma Church for its contributions to the country the Prime Minister added that it has worked to bring a positive difference in the lives of people in the country in areas of healthcare and education.

"The Mar Thoma Church is closely linked with the noble ideals of Saint Thomas, the Apostle of Lord Christ. India has always been open to spiritual influences from many sources. It is with this spirit of humility that the Mar Thoma Church has worked to bring a positive difference in the lives of our fellow Indians," Modi said.

Followers of the Mar Thoma Church from India and abroad participated in the programme through video conference.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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