Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday 27 December 2017

Auto Industry : Policy Inputs



 

For EV , Andhra gets an A [  26  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/for-ev-andhra-gets-a.html

 

 Synopsis :

 

AP Govt Policy on Electric Vehicles Promotion  

=================================


PIYUSH PLAN ?  [  27  March  2016  ]


Synopsis :

Time  frame  for  change-over / disposal  of  existing  vehicles / charging  stations / financing / incentive  for  car  manufacturers  and  car  owners / Carbon Credits / SPV ( EVFF = Electric Vehicle Finance Fund


=================================

 

Retiring Old Vehicles -Gadkari Style ?  [  30  May  2016  ]

 

https://myblogepage.blogspot.com/2016/05/retiring-old-vehicles-gadkari-style.html

 

Synopsis :

 

Incentives  to  vehicle  owners / Procedure  / Benefits 



================================

 

 

All Charged Up ?  [  15  Aug  2016  ]

 

https://myblogepage.blogspot.com/2016/08/all-charged-up.html

 

Synopsis :

 

Battery Charging in 5 minutes : StoreDot technology / Rechargeable Battery Power-packs “ design specifications by SIAM 



=============================

 

 

A Radical RadialRevolution !  [  18  Aug  2016  ]

 

https://myblogepage.blogspot.com/2016/08/a-radical-radial-revolution.html

 

Synopsis :

 

Converting any standard Bicycle into an Electric within 1 minute , using technology of GeoOrbital 



==============================

 

 

A Rickshaw by any otherName ?  [  20  Aug  2016  ]

 

https://myblogepage.blogspot.com/2016/08/a-rickshaw-by-any-other-name.html

 

Synopsis :

 

Policy for encouraging Electric – Ride Sharing – Rickshaws



=============================

 

 

From OLD to NEW ? No , goNEWER !  [  22  Sept  2016  ]

 

https://myblogepage.blogspot.com/2016/09/from-old-to-new-no-go-newer.html

 

Synopsis :

 

Abolition of Corporate Income Tax for EV Manufacturers / component manufacturers / charging station manufacturers




=============================

 

 

One Car per Family ?  [  27  Sept  2016  ]

 

https://myblogepage.blogspot.com/2016/09/one-car-per-family.html


 

Synopsis : 


Heavy taxation on manufacturers of Petrol / Diesel vehicles ( 50 % Corporate Income Tax  ? ) / Only 5 % GST on sale of Electric Vehicles ( 0 % if vehicle is DRIVER-LESS ? ) / Total exemption from Road Tax



================================

 

 

 

Welcome !   Elon Musk   [  10  Feb  2017  ]

 

https://myblogepage.blogspot.com/2017/02/welcome-elon-musk.html

 

Synopsis :

 

Advantages  of  electric  cars   




===============================

 

 

Internet of Vehicles (IoV ) ?  [  04  March  2017  ]

 

https://myblogepage.blogspot.com/2017/03/internet-of-vehicles-iov.html


 

     Synopsis :


     Most vehicles will  be electric ( essentially , “ computers on wheels “ ), automatically determining the best / shortest, route / stops and optimizing vehicle performance . Mobile Apps will be a governing device



 ===============================

 

 

Building Castles in theAir ?  [  12  March  2017  ]

 

https://myblogepage.blogspot.com/2017/03/building-castles-in-air.html


 

Synopsis :

 

Summarizing “ Auto Mission Plan, 2016-26 “ / National Electric Mobility Mission Plan- 2020 / FAME plan / V-VMP / Energy Import  



================================

 

 

A Take-Off Time ?  [  20  April  2017  ]

 

https://myblogepage.blogspot.com/2017/04/a-take-off-time.html

 

Synopsis :

 

Open Architecture Eco-System , comprising of , Quick Interchange Battery Stations / IoT enabled smart batteries



===============================

 

 

More than one Solution  [  28  April  2017  ]

 

https://myblogepage.blogspot.com/2017/04/more-than-one-solution.html

 

Synopsis :

 

Alternate Charging Methods such as , Induction Power Transfer ( IPT ) / Spare Batteries / Each home, a charging station / Pedal your way to health




=================================

 

 

Solar Panels chargingLi-ion Batteries of Electric Cars ?  [ 04  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/solar-panels-charging-li-ion-batteries.html

 

Synopsis :

 

ISRO designed Electric car is run using high energy Lithium-ion Battery , which can be recharged using sunlight – What makes this the ULTIMATE solution ?



================================

 

 

A “ Reverse Toll “ ?Possible !  [  07  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/a-reverse-toll-possible.html

 

Synopsis :

 

How to drive 706 km Mumbai-Nagpur E-Way using Electric car , at running cost of Rs 1.5 per Km ?



================================

 

 

Not Tough At All !  [  08  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/not-tough-at-all.html

 

Synopsis :

 

Employing ISRO technology ( of Solar Roof Top charging a small L-ion Battery ) , India can export EV to entire World . Who is conspiring against this happening ?



=================================

 

 

From ELON to ION  [  11  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/from-elon-to-ion.html

 

Synopsis :

 

ION is looking to deliver a better price per kilometre , five-six times better acceleration , 10-12 times longer life and faster charging time , compared to existing options



================================

 

 

Look Before You Leap22  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/look-before-you-leap.html

 

Synopsis :

 

Report by  NITI Aayog  and  Rocky Mountain Institute



================================ 

 

Will Tesla follow Apple ? [  23  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/will-tesla-follow-apple.html

 

Synopsis :

 

TESLA’s Phase Manufacturing Program ( PMP ) for India : 2017 – 2022



================================= 

 

Pawan Goenka knows hisOnions !24  may  2017  ]

 

https://myblogepage.blogspot.com/2017/05/pawan-goenka-knows-his-onions.html

 

Synopsis :

 

20 % reduction in price to make vehicle purchase viable on per kilometer basis 



===============================

 

 

Time to Reinvent forHindustan Petroleum - Bharat Petroleum ?  [  25  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/time-to-reinvent-for-hindustan.html

 

Synopsis :

What about Hindustan Petroleum and Bharat Petroleum ?  Will they re-invent themselves or turn into another Air India ? 


=================================


Time to get Charged Up ?  [  27  May  2017  ]

 

https://myblogepage.blogspot.com/2017/05/time-to-get-charged-up.html

 

Synopsis :

 

How does this technology ( Inductive Charging Pads ) compare with “ piezo-electric panels embedded on the highway surface , which generate electricity due to tyre pressure “ , which is undergoing commercial trials in California ?



================================

 

 

The Missing Link  [  05  June  2017  ]

 

https://myblogepage.blogspot.com/2017/06/the-missing-link.html

 

Synopsis :

 

Ifbattery is developing an energy storage system that would enable drivers to fill up their electric or hybrid vehicles with fluid electrolytes to re-energize spent battery fluids much like refuelling their gas tanks.”



===============================

 

 

Urban Transport Policy  [  09  June  2017  ]

 

https://myblogepage.blogspot.com/2017/06/urban-transport-policy.html

 

Synopsis :

 

Penalties or Incentives  ? ( for vehicles ) based on 8 different scenarios



=================================

 

 

ENABLE  ELON TO  CATALYSE !  [  15  June  2017  ]

 

https://myblogepage.blogspot.com/2017/06/enable-elon-to-catalyse.html

 

Synopsis :

 

TESLA can transform the Auto Industry , the way SHINKANSEN will transform Trains



===============================

 

 

Is it NOW or NEVER ?  [  23  June  2017  ]

 

https://myblogepage.blogspot.com/2017/06/is-it-now-or-never.html

 

Synopsis :

 

How China managed to woo TESLA ?  How can India make a better offer ?



================================

 

 

Elon : Hesitation CanHurt !  [  03  July  2017  ]

 

https://myblogepage.blogspot.com/2017/07/elon-hesitation-can-hurt.html

 

Synopsis :


Indian Space Research Organisation has developed Lithium Ion battery technology for space application.

 

Now government of India is planning to give this technology to interested Indian companies so that large volume of battery production would significantly reduce the cost  



==============================

 

 

EESL : Lease cars , donot Buy !  [  16  Aug  2017  ]

 

https://myblogepage.blogspot.com/2017/08/eesl-lease-cars-do-not-buy.html


 

Synopsis :


E Car Leasing Tender : “ Tenderer shall offer a 5 year lease , with a minimum of 10 %  REDUCTION in the per km lease rental, each year over the rental for the preceding year “


=============================

 

 

An Electric Future ?  [  17  Aug  2017  ]

 

https://myblogepage.blogspot.com/2017/08/an-electric-future.html

 

Synopsis :

 

35 giga-factories like the one built by Tesla , needed in next 13 years 



===============================

 

 

Smart Cars , Safe Cars ,Social Cars ?  [  31  Aug  2017  ]

 

https://myblogepage.blogspot.com/2017/08/smart-cars-safe-cars-social-cars.html

 

Synopsis :

 

Without telematics , Electric cars will be dumb cars ! 



============================================= 

 

 

Gadkariji is Angry   [   12  Sept  2017  ]

 

https://myblogepage.blogspot.com/2017/09/gadkariji-is-angry.html

 

Synopsis :

 

Does Cabinet Note cover :


Time Frame for Change-Over / Disposal of existing petrol - diesel vehicles / Infrastructure of Charging Stations / Financing of E-cars / Incentives for E-Car Manufacturers and Car Buyers  ? 



==============================

 

 

How Much Investment to goElectric ?  [  21  Sept  2017  ]

 

https://myblogepage.blogspot.com/2017/09/how-much-investment-to-go-electric.html

 

 

Synopsis :


Dear Auto Industry :


Do not be surprised to find that this  POLICY  contains most of what I have suggested 


{  Each of these blogs was emailed to Shri Nitin Gadkariji / Shri Amitabh Kantji  }





===============================

 

To Buy or not to Buy ?  [  11  Oct  2017  ]

 

https://myblogepage.blogspot.com/2017/10/to-buy-or-not-to-buy.html

 

 

Synopsis :


There is no doubt , as compared to buying / owning EVs , private commercial companies would benefit by leasing out the cars from EESL


Companies ( leasing the electric cars from EESL ) , can write off the lease-rent as tax-deductible expense

 



===================================================================

 

 Sun  Rises in  West ?  [  16  Oct  2017  ]

 

https://myblogepage.blogspot.com/2017/10/sun-rises-in-west.html

 

 

Synopsis : 



Dear  Shri  Gadkariji  :


I urge you ( - and will keep doing so ) to encourage ISRO to quickly come up with its own COMMERCIAL version of Solar Cars having “ Roof-top mounted solar panels “ , which it demonstrated , a few months back 



==============================

 

Anomaly by Oversight ?  [  02  Nov  2017  ]

 

https://myblogepage.blogspot.com/2017/11/anomaly-by-oversight.html

 

Synopsis :

 

I am talking of GST rate of 28 % on imported Lithium-ion batteries required for electric vehicles , whereas GST rate on finished EV is fixed @ 12 % !


 If GST on these imported batteries was reduced to 12 % , the cost of manufacture of EV , would come down by Rs 0.70 lakh 

 

    It is another matter that “ Purchasing “ is in itself , a BAD idea ! 

   I have pleaded with EESL to “ Lease “ these cars ( from the manufacturers ) and save thousands of crores of rupees  !



================================

 



Who  Will  Win  this Race  ?  07  Nov  2017  ]




Synopsis :


What business are we in ?


Cars powered by roof-mounted Solar Panels, needing very small Li-ion batteries and no need for any Battery-Charging stations , on the roads ?


Cars capable of “ Self Charging “ while standing or running under the Sun or capable of recharging ( at night ) from domestic electric outlets ?



===============================




Carbon  Conspiracy  ?  13  Nov  2017  ]




Synopsis :


If all of those 300 million EV were to implement ISRO technology , there would be NO NEED for those 18 lakh Battery Charging Stations !


An infrastructure saving of Rs 195 lakh*crore  !


===============================



NITI proposes : NITINdisposes  [  20  Nov  2017  ]

 

https://myblogepage.blogspot.com/2017/11/niti-proposes-nitin-disposes.html

 

Synopsis :


ISRO will make available ( for FREE ) , to any Indian Manufacturer , its technology of Electric Vehicles ( of course , excluding 2 wheelers ), where the solar panel mounted roof will , continuously charge a small Lithium Ion battery as long as the vehicle is under sunlight.

 

The small battery can be re-charged at night using a 5 Amp domestic electric outlet    




==============================

 

 

ISRO : the EVGame-Changer  [  22  Nov  2017  ]

 

https://myblogepage.blogspot.com/2017/11/isro-ev-game-changer.html


 

Synopsis :


If 

ISRO can bring down the cost of a launch vehicle by 90 % , can it do the same for Lithium-ion Battery required for an Electric Car – both , in terms of SIZE and PRICE  ?


And ,

develop Solar Panel Roof for that EV to charge that MINI BATTERY of 5 Kwh ?


And ,

that battery costing $ 500 ( $100 / kwh*5 Kwh ) = Rs 35,000 ONLY ! 

 

 ================================

 

Not Good Enough !  [  02  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/not-good-enough.html

 

Synopsis :

 

News :

Govt may amend Electricity Act to allow e-vehicle charging stations to sell power

 

Need :

Anyone can generate and SELL electricity , anytime and to anyone and at any price !

 

 ================================

 

India : Energy StorageMission  [  04  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/india-energy-storage-mission.html

 

Synopsis :

 

   As per Report , for 100 % domestic manufacture of batteries, India would require,

  #     3,500 Gwh of Lithium-ion Batteries

  #     That would require an investment of $ 300 Billion [  Rs 20 Lakh*Crore  ]

 

 

MY  TAKE :

       ·         Government has neither the money , nor the expertise for setting up Giga factories


      ·         Private Sector would not want to take on such hugely  “ Risky “ ventures


      ·         Banks want to play “ Safe “ while lending in light of many adverse negative
            developments – including battery prices dropping by 23 % , year after year

 

=============================== 

 

Is there a parallel ?  [  08  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/is-there-parallel.html

 

Synopsis :

 

In India , some 6 lakh persons die premature deaths each year due to air pollution



And 10 lakh suffer same early death each year due to tobacco use 

 

================================ 

 

NITI proposes : SIAMpostpones  [  20  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/niti-proposes-siam-postpones.html

 

Synopsis :

 

Now , imagine that the ROAD-MAP DOCUMENT for ELECTRIC VEHICLES ( - which is expected to get released by the Transport Ministry by this month-end ) , contains the following provision :


EVICT [ Electric Vehicle Incentive Corporate Tax ] Scheme :


       ·         The annual revenue ( income ) through sale of Electric Vehicles will be exempt from Corporate Income Tax


      ·         There will be a GST of 5 % on sale of Electric Vehicle and of 25 % on Petrol / Diesel Vehicles


     ·         The income from sale of Petrol / Diesel vehicles will be subject to normal Corporate Income tax @ 30 %


    ·         For the same period, sale of India-manufactured Lithium-ion Batteries will be exempt from Corporate Income Tax


   ·         This provision will commence from 01 April 2018 and expire on 31 March 2035

 

================================

 

27  Dec  2017

www.hemenparekh.in / blogs

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Monday 25 December 2017

For EV , Andhra gets an A







“ Andhra Plans Sops to Pull in Rs 30,000 CR Investment in Electric Vehicle Industry “




Summary of Incentives offered :


·         Capital subsidies to Automakers and Charging Equipment manufacturers

·         Fast government approvals

·         Concessional land and power

·         Complete state GST reimbursements

·         Special incentives for Battery manufacturing to draw investments

·         Waiving of registration and road tax on the sale of Electric Vehicles

·         Tendering three-wheeler fleet licences to companies

·         Imposing additional taxes on Petrol / Diesel Vehicles

·         Introducing promotional Schemes for women and consumers from vulnerable backgrounds for two-wheeler purchase

·         Setting up an Electric Vehicle Park with plug-and-play infrastructure for manufacturing units to start production

·         All cities of the State to come up with an Electric Mobility Blueprint

·         Convert the entire government fleet to Electric and shift the complete bus fleet to Battery operated vehicles by 2030

·         Support to other shared-mobility vehicles for conversion to e-fleet

·         Invite tenders for procuring Electric Vehicles through EESL

·         Provide capital subsidy and SGST exemptions for charging infrastructure installations

·         Land to be made available at concessional rates to Charging Stations and Battery-Swapping Kiosks

·         Bus Terminals, Bus Stops , Government Offices and Public Parkings , will compulsorily have charging stations and swapping stations

·         Time bound permissions for setting-up charging infrastructure




Such a comprehensive policy can only be expected from a visionary like Chief Minister , Shri Chandra Babu Naidu , who turned Hyderabad , into “ Indian Silicon Valley “ , a few decades ago !


Those who have any doubts about Shri Naidu’s vision, may want to look up :





The “moonshot factory” of Alphabet, the tech giant that owns Google, is bringing a wireless internet technology it tested in the stratosphere to connect rural areas in India’s Andhra Pradesh state.


X, as the company is known, is using Free Space Optical Communications (FSOC) to connect far-flung regions of the state.


It involves using beams of light to deliver high-speed, high-capacity connectivity over long distances.


X has set up some 2,000 FSOC links in partnership with Andhra Pradesh’s telecom company, AP State FiberNet, as part of the state’s plan to bring broadband connectivity to 12 million households and thousands of government offices and private enterprises.


“These FSOC links will form part of the high-bandwidth backbone of their network, giving them a cost effective way to connect rural and remote areas across the state,” Baris Erkmen, the FSOC Lead at X, wrote in a blog post on Thursday, Dec. 14.


A small group of Google engineers and experts will work out of Andhra Pradesh to help roll out the project in 2018.


26  Dec  2017



Sunday 24 December 2017

Budget Time is Taxing Time ?




On 21 Dec , following news appeared :


Hindustan Times


India’s Skewed Tax Base

A handful of people pay the bulk of our tax

95 % of tax payers pay only 9 % of taxes in India

Of the “ Total Reported Income “ , Salary Income’s share is only 33.2 %

More than 50 % of income tax collections in AY 2015-16, came from the top 0.01 % of income tax payers



Business Line

Super rich on the rise : India has nearly 60,000 crorepatis ( in Assessment Year 2015-16 )





On Feb 01, 2018 , when FM Shri Arun Jaitleyji rises to present the Central Budget in Lok Sabha , he will be faced with many ( contradicting ? ) demands :


·         Every Economist ( - whether worth his salt or not ! ) , will advocate lowering of Corporate Tax


·         Ditto with ASSOCHAM – FICCI – CII and every Chamber of Commerce


·         All politicians ( especially those belonging to opposition parties ) , are demanding lowering of Personal Income Tax on individual tax payers


·         Every  Minister wants his / her next year’s allocation of funds raised by 50 %


·         All bureaucrats belonging to Finance Ministry , want to vastly expand the tax-payer base by casting the net as wide as possible


·         The looming shadow of State Elections in 8 States in 2018 , demands that he introduce , not only a FARMER FRIENDLY budget but , generally , a VOTER BAITING budget ( stop calling it a “ Populist Budget “ ! )


·         Every State Government ( not limited to those states governed by Opposition Parties only ) , want MUCH BIGGER SHARE of GST collection ( partially, to write off Farmers’ Loans / DISCOM losses /  7th Pay Commission  /  funds siphoned away by SCAMS , etc  )


One can go on and on


Obviously , it is a “ Taxing Times “ for Shri Jaitleyji !
 

No matter what he pulls out of his brief-case , he won’t be able to “ please everyone


For the next couple of weeks , he – and his officers – will be at pains to explain why / how , this was as “ Balanced Budget “ as it can ever be


But , he has an opportunity to silence his critics – and usher an unprecedented REFORM of far reaching consequences to growth of our ECONOMY – if he announces :


TOTAL ABOLITION OF PERSONAL INCOME TAX ( OF COURSE , WITH EFFECT FROM 01 APRIL 2019 )


To know how this take India onto 10 % growth in GDP for the next 10 years , he might want to read :


=================================

 What would happen ?

InnovativeFinancing ?

IndonesiaShows the Way

What would they do ?

MakingIndia a Tax Haven ?

Don'tWant to Pay Taxes ?

ACASE FOR ZERO PERSONAL INCOME TAX

25  Dec  2017

www.hemenparekh.in / blogs

 

 

 

 



But How Will You Collect ?




Hindustan Times ( 23 Dec ) carries following news :




“ House panel okays bill to increase your traffic fines by 10 % every year “



A parliamentary panel has agreed to a 10% annual increase in the fines for various traffic violations including drunken driving, talking on mobile, rash and negligent driving.

Drunken driving — one of the main causes of deaths in road accidents in India — will invite a fine of Rs10,000 from the existing Rs2,000. Talking on mobile phones while driving will result in a fine of Rs5,000, up from the present Rs1,000. For red light jumping, driving without seat belt/helmet, the proposed fine is Rs1,000.




Annual increase in traffic violation fines ( just like annual salary increments ? ) , is a good idea



But , in case of that Salary Increment , if the boss forgets to grant , employee will remind him every day and not leave him alone till it is given !



When it comes to paying traffic violation fines , it is just the other way around !



Example :



In Mumbai , some 800,000 drivers got e-challan through SMS ( for jumping red light signal ) , asking them to pay up the fine



But only 50,000 paid – with rest developing an amnesia !



Now the traffic department has to resort to delivery of paper challans through couriers !



I have a feeling that the new rules will meet similar fate !



Unless , the traffic department implements my following suggestion / blog :




The best way to ensure “ Instant Punishment “ for any – and ALL – kind of Traffic Violations , is to :

·         Remove human intervention in the process of punishing

·         Immobilize the vehicle ( kill the engine / motor ) using remote sensing , till fine gets paid

24  Dec  2017
www.hemenparekh.in / blogs