PKR’s false promise
All these ad hoc handouts are pre-elections goodies that serve the public no benefit at all.
If the government is serious about improving public transport and bring down the cost of taxi fares that would bring a win-win situation for both taxi drivers and the travelling public, it must first make acquisition of vehicles for use as taxis as cheap as possible.
Remove all duties on this type of vehicle and restrict its use. The car can only be sold as a taxi and must be scrapped after 15 years. Subsidy on fuel and tyres should also be considered.
When fares are cheap more people will use taxis and for the taxi driver, it’s economies of scale, the bigger the volume the more he makes.
Taking cheap public transport is a better choice than buying a car. The lower and middle income group will have more money in their pockets to spend on other necessities.
Read more HERE.