The eighth Annual General Meeting of Mumbai Bus Malak Sanghatana delved on ways to overcome the headwinds.
Convening the eighth Annual General Meeting (AGM) in December 2018, at Mumbai, the Mumbai Bus Malak Sanghatana (MBMS) got private bus operators -- members -- to come together to delve on the challenges and ways to beat them. To stay ahead of the curve. With VE Commercial Vehicles the platinum partner, the AGM saw subjects like expansion of membership, fare hike of city school buses, installation of height barriers across the city, ban on the entry of luxury buses during peak hours in some cities, lack of dedicated parking spaces, Goods and Services Tax (GST) taken up for discussion. Marking his presence at the AGM as an esteemed guest, Dr. Kirit Somaiya, Member of Parliament, said that India is the sixth largest economy in the world. It is likely to bypass England in 2019, and by 2022, it will overtake France.
Set to overtake Japan by 2027 to become the third largest economy in the world, Somaiya mentioned that private bus operators have been the part of the country’s growth story. Stressing on India overtaking China and US in the 100th year of its Independence, he drew attention to the development of transport infrastructure in the country. Urging the private sector to work closely with the government for development, Somaiya said, “Private and public passenger carriers need to grow along with goods carriers in tandem.”
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