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    Thread: Your cars will be bulldozed If you don't switch to alternative fuel: Nitin Gadkari

    1. #51
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      Does it mean the plan of buldozing the fossil fuel powered vehicles is postponed?

      Reliance-BP ink new fuel retail JV; to set up 5,500 petrol pump outlets in 5 years

    2. #52
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      Quote Originally Posted by Jack Sparrow View Post
      Does it mean the plan of buldozing the fossil fuel powered vehicles is postponed?
      It means, in future prices of the fuel will remain high enough that even small margin would be sustainable to do retail business for private entities.

      second meaning is BP is pumping money into Retail Operations, Reliance will re-open shut fuel stations, start monetizing the stuck assets (land, building etc), generate traffic, drive ins, footfalls, generate alternative revenue streams from sale of food, drinks, water, auto accessories, groceries, packaged items etc etc.

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      Quote Originally Posted by Jack Sparrow View Post
      Does it mean the plan of buldozing the fossil fuel powered vehicles is postponed?

      Reliance-BP ink new fuel retail JV; to set up 5,500 petrol pump outlets in 5 years

      Essar is also planning to setup 2500 new pumps.
      Looks like Big oil is winning after all.

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      First the real estate sector was killed and brought down to unrecoverable level, then unorganized sector was killed by imposing draconian orders like demonetization, then agriculture sector was demoralized by taking various steps like injecting fears in the business of buying-selling cows, then long term investment was demoralized by imposing LTCG tax and various surcharges.

      In the mean time disposable funds remaining in the hands of public got exhausted.

      Now when auto sector started collapsing, all the dangers of environmental pollution etc also have gone away.

      To little too late, no more money left to spend.

      BS4 vehicles are no more risky for the environment and the electric vehicles policy also goes away for the time being. No more fear of fossil fuel vehicles getting bulldozed.

      BS4 Vehicles To Remain Operational In BS6 Era Till End Of Registration: Finance Minister


      Economy is just a cycle of number of transactions. You disturb one link and the whole cycle collapses. We are already trailing the world economy powers by decades. But we get what we deserve so no disappointments, let's celebrate.
      Last edited by Jack Sparrow; 24th Aug 2019 at 09:21.

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