The Economics of Vehicle import taxes!

Economics is a science and study of maximizing the social outcome of the all the available resources. The forces of demand and supply always determine this outcome, which economists call an economic equilibrium.

This equilibrium is a self-correcting phenomenon of real market need that is reflected by “an equilibrium price” at which both the forces come in harmony and hence buyers and sellers irrespective of their size become price-takers. Economists do of course distinguish market equilibrium from a social one. The argument here is that in only considering the free market forces of supply and demand, we are often neglecting a significant cost consideration: the social cost.

Classical Economists are of the view that such social equilibrium can always be achieved if the forces of supply and demand are drawn such that these externalities are internalized. Keynesians on the other hand point out that Government interference to shift the forces of demand and supply is vital to construct a new optimum equilibrium, which considers all the costs (including social costs).

Government interference can come in various forms – taxes, subsidy, support prices, etc. This write-up will concentrate on how Government can use taxes to curb the negative effects of free market equilibrium which has failed to maximize social welfare.

Everybody knows that Nepal Government puts heavy taxes on all motor vehicle imports. This works quite well on two fronts; it obviously helps the cash starved government, and it also keeps a check on the amount of petroleum imports (which is rising alarming even now). The petroleum imports, the pollution of environment, and import of more motor vehicles than the current infrastructure can support are obvious negative effects of the vehicle imports industry of Nepal.

In one recent media interaction, when asked why Vehicle imports tax was so steep, secretary of Ministry of Finance told “Nepal simply cannot afford cheap cars.” The statement is exactly fitting. Given the present scenario, I think it makes sense for Government to hike the taxes on all car imports and relax the taxes on public vehicles. I would not be hence surprised that owning a car in Nepal will continue to be a luxury only the very rich can afford in foreseeable future.

It is one policy measure that the government has to take to guarantee “maximum social welfare” and not only “maximum economic welfare”. The economic equilibrium is very far from the social equilibrium and this has to be corrected by Government Intervention.

Sajha Yatayat : a bus that rekindles hope.

After nearly a month of Sajha Yatayat going in operation, I finally got to hitch a ride in the coach of this symbolic brand. I have to applaud the people at Sajha for creating an almost flawless systems. My only complain (because I am a Nepali after all; so have to complain :P) being that it was a little overcrowded to my liking. However, it was far from inhospitable pushing and shoving that we have come to expect in a cramped box that we call a public commute (the tempos, the microbus, etc.).

Sajha Yatayat Ticket

An average trip in Sajha Yatayat costs you Nrs. 15.

The big coaches of Sajha Yatayat is definitely a luxury commute that we as a resident of a Metropolitan city have been denied because of the chaos we have got ourselves into. The chaos being called Democracy by some; federalism by some; and the revolution by some. A coach that is as good as any city coach of the developed world is definitely a crowd puller. A system of entry and exit (you need to enter from the back and exit from the front door); a flatscreen TV that plays the crowd favorite Dohori songs with an extra income source of advertisement added is without doubt a business model you feel should and will just work.

And the ride in a bus is so much better than the chaotic, dusty and dangerous experience of a two-wheeler owner. You focus on the shops, the developments instead of the pot holes on the roads. You get time to think about your life, what you need to do. For example, I thought of writing this blog as a tribute to the iconic buses.

When we were doing Business Environment Assessment course at college, the instructor painted a miserable picture of business prospects of Nepal. Sajha Yatayat, I hope will prove that theory wrong and be a case study for all business houses that if done right, with proper business etiquette, Nepal has tremendous opportunity. It could be a classic case of how 20 years of chaos (refer above for the definition of chaos) put a company into bankruptcy and then got itself back into contention due to pure business sense that obviously rode on the feeling of national pride it created. And there are many of such companies in Nepal; Trolley bus service, NAC to name a few. Imagine if all of these services got off their grounds.

The 40 minutes ride has rekindled the light of hope in me. Today, once again I believe, if we work together, we can build a better city, a better society, a better nation. For some strange reason, I think the future of Sajha is perfectly and positively in correlation with the country’s future itself. I wish all the best and a progressive future for Sajha Yatayat and our country.

Jai Nepal. 🙂

जीन्दगी

जीन्दगी के हो?
कहिले कमजोर, कहिले कठोर,
कहिले Rowdy Rathore।

कहिले नुन, कहिले सुन;
अनि कहिले टुनक टुनक टुन।

जीन्दगी के हो?
कहिले लसक्क, कहिले मसक्क,
कहिले टकरक्क।

कहिले सिमसिम, कहिले टिमटिम;
अनि कहिले अमुल फ्रेश क्रिम!

जीन्दगी के हो?
कहिले लम्फु, कहिले डम्फु,
कहिले चिनिया कुम्फु।

कहिले कुकुर, कहिले ढुकुर;
अनि कहिले भ्यागुताको टुरटुर।

जीन्दगी के हो?
कहिले लजालु, कहिले मायालु,
कहिले सेतो त कहिले रातो आलु!!

कहिले छायाँ, कहिले माया;
अनि कहिले न कोही दायाँ न कोही बायाँ!!

जिन्दगी के हो?
कहिले कृष्ण, कहिले राम;
कहिले लास्टै हराम।

कहिले चुस्त, कहिले दुरुस्त;
अनि कहिले धेरै नै रुष्ट।

जिन्दगी के हो?
कहिले less, कहिले more;
कहिले त्यसै bore।

कहिले बचुवा, कहिले हचुवा;
तर, प्राय: एक साधारण कछुवा।।

Tagged

Rocketerian for Life.

“Just because you are on top of the food chain, does not give you the right to eat everybody else below you.” – shouted the Chairman of Life and Well being Planet International, Mr. Eit No Ting. Mr. Eit No Ting a devout Rocketerian, continued his aggression towards his fellow Human counterparts saying that it is unacceptable for them to treat any life form as delicacies.

He acknowledges the fact that everything is infact tasty, however in any constitution ever written in our Modern Era, it is the fundamental right of everybody to live and die in a natural way. It was one fine day, when he had a delicious meal of broccoli and Mutton that he dreamed of meeting both of their souls in Hell. Both Broccoli and Mutton had expressed their sour discontent and hatred towards Mr. Ting. It was this unworldly experience, that encouraged him to go Rocketerian for life.

Going Rocketerian has its perks. And each bite is truly hard chewed and hard earned. It gives one not only an access to tremendous array of mineral and nutrients in each meal, it also gives an amazing satisfaction to its followers. It also creates as Mr. Ting suggests an entire new industry for Dentists to thrive on the need of better and stronger Teeth. As he shows us his data, he is clearly excited that how many people have now gone Rocketerian and how many dentists have now successfully replaced the old human teeth sets with the diamond ones for their new and often super rich clients, who have saved so much because what they eat costs next to nothing.

Rocks have no life. They just lie around in the face of the earth. It is just perfect that we eat them. But how do we eat them? Here are some recipes that you might want to try out:

1. Boiled Rock!

2. Beaten Rock!

3. Hard Rock!

4. Hard Rock Masala!

5. Rock and Roll!

6. Rock the World!

7. Rock in the Water!

8. Rock Smoky, also called Smoken Rock!

You can also try variations along these lines!

Go Rocketerian, it will by far be the most rewarding decision you ever take!!!!

के नै पो ख्याँसियो?

जीनदगीको धेरै बसन्त जिइयो
खोइ त के ख्याँसियो?
बाल्यकालमा कामथियो, पढिन्थ्यो;
कहिले बाको कहिले मिसको गाली पनि खाइयो,
तर खोइ त के नै ख्याँसियो?
जवानीमा प्रेम पनि गरियो
कलेज जान्छु भनेर
गोदावरी पनि धाइयो,
तर, खोइ त के नै ख्याँसियो?
पैसो चाहियो, जागिर खाइयो
कहिले वाह वाह पाइयो
कहिेले हप्काइ खाइयो
तर जीन्दगीमा के नै ख्याँसियो?
कसै संग सम्बन्ध सुमधुर बनाइयो
कसैसंग चिस्याइयो,
तर खोइ त के ख्याँसियो?
जीनदगीको धेरै बसन्त जिइयो
खोइ त के नै पो ख्याँसियो?

It has been a while.

It has been a while,

since my walk to the last mile.
There was so much to do,
But only few ounces of beer could brew.
And all that remaining rye
was left to dry.
There is so much to do
I wish all the beer could brew
And not even a single ounce of rye
would be left to dry.
Though it has been a while,
I have yet to walk my last mile.

The Lonely Rain

If there were
no cell to call!
no contact to mail!
no party to attend!
no culrav to organize!

wud we have
still been the same?
wud we still miss
eachother in the lonely rain?

if there were
no eyes to see!
no hands to touch!
no ears to hear!
no heart to beat!

wud we have
still been the same?
wud we still miss
eachother in the lonely rain?

Wish you were here!

Sitting here, all by myself,
I wish you were here.
Then hits a sensation;
you are here,
sitting next to me,
staring at me,
and telling me to put the cigarrette butt aside.
I do the same
and look at you;
Your glowing face,
amazing as it looks in the dim moon-light,
as if you are my guiding light

Then u are gone
again;
in your own space
where i hope
i join u,
and tell u not to sneeze

As weird as it is
I hope u miss me more than I
I hope someday we shall meet
and then there would be no room
for loneliness in both of the lives.
Sitting here, all by myself
I wish u were here.

Hopeless

Great!

i am yet again behind the race. I had already become one lap late than the leaders and now the leaders have taken a lead in this lap too.

How depressing but obvious is that? With my kind of attitude, the only thing i deserve is to be at the bottom of the finished list if I ever finish the race that is. Everyone knows that! so why am i depressed?

“Not a big deal” some people might say. And more often than not those few people are my own other egos from within myself. In my imaginary world made up of losers, I am the winner. They have this dumb belief that I can never loose. And yet, on the outside I keep failing and they keep boosting don’t worry mate, next time.

When will the next time come nobody knows, but the imaginary losers are always there to cheer me on for yet another no aim path that i often pursue to make myself feel good.

Funny as it sounds, I write only when i am really down. when things have gone out my hands to a point of no return. Everyone reading my writings that I think I would leave behind as the only mark of my own will come to believe that I was a sadistic looser caught up in worldly pleasure without even a blur image of wot he wanted to be.

When will this course end if ever it does? A question whose answer I have hopelessly surrendered to the hands of Mr. Fate. Till then, I will always be this miserable fuck. love u all. take care. Adios!

KOOPA: Our Multi-million Tree!

Right!

At the time when we are giving final finishing touches to our biggest endeavor till date, me and khelu, the co-founders of Turtle Inc. have high hopes and biggest dreams that one can have as a creator.

The name is called KOOPA. Inspired by Nintendo’s animated turtle creatures, Turtle Inc. joined hands with the creative legend AD to shape out and fuel KOOPA, the next big thing. In making a kick ass LAN site (neyull dont laugh), we have tried hard to keep everyone’s interest in mind.

Since the site’s success is all about getting it become popular, we have thought about different campaigns that would atleast make everyone aware of the site.

Someday, when the site goes big, we will all earn big bucks and recruit people and budding talents will be queing up to join the best IT firm in the world. That is how high the hopes are with our baby project.

Best of luck KOOPA
🙂