Autos are integral part of Mumbai and many mumbaikars are depending on autos for travelling to cater their daily needs to reach destination for day to day work. due to large number of autos, auto union should say thank to people of Mumbai as because of them so many autovalas got opportunity to earn money but instead of thanking, autovals are behaving rudely with passengers and now they are asking to increase fare which is completely unethical and it is a like robbing common people who unfortunately has no option except to travel through auto. Autos are getting enough fare and all autos are CNG based. Which gives average greater than 25 km per Kg. if 33.5 Rs is the rate per Kg and if we check fare for travelling 19 kms in Mumbai,the fare used to come out to be 150 if meter is correct. 75% autos are robbing people by fast metering whose fare may go upto 180.so one can easily see the hugh profit percentage, the autovals are earning and there is no absolute necessary to increase fare. Government should think about common man who is already suffering from inflation problem. After seeing above calculation of expense against profit by autos,auto union’s demand to increase fare is completely unethical and they are trying to rob people. Government should not support such unethical demands by autovalas. All passengers should strongly condemn the unethical demand to increase fare by autovalas. The political partys should notsupport these auto unions who are robbing people alr
Re: 3 Rs increase autofare in mumbai is purely unethical
by Muthu Karuppan on Oct 22, 2012 01:31 PM
I think you should visit Tamilnadu. Once after the visit, You will start worshipping Mumbai Auto drivers.
There is a better scheme where builder will give you the entire loan amount to buy his property at a very discounted price and you don't have to pay back the loan amount. It is called son-'out'-law loan scheme, and all you need is a resourceful mom-in-law in the ruling party.
If the banks can ensure promotions/career growth by hook or crook (the Indian way), then professional degree holders are ready to take. Why not? and by ensuring that, bad debts/non-performing assets will be minimal!
Already the existing loan scheme are eating away the savings and making people poorer. Now a new loan product introduced to eat away the future savings of people. Very good going for Banks.... laying traps for future borrowers.
Re: criteria for increase
by Geethalayam Geethu on Oct 16, 2012 04:41 PM
SC/ST gets more promotions in Govt. so their loan amount will go up compared to general cadre employees!
Banks and other financial institutions are here to make money. So they keep on innovating new products to lure their prospective customers. But one should be extremely careful while borrowing, particularly for non productive purposes like buying a house, car etc. One should buy these products strictly according to his budget, preferably without resorting to heavy borrowings.
Re: Step-up loans: An easy way to own a dream house
by divya vyasee on Oct 16, 2012 01:36 PM
but i think this is a good alternative to people in UT, banking etc where hikes in slaries are tremendous. they can now buy a house of their preference for future use rather than settle in for whatever is in their eligible amount.
