Millennial Mindset
M G Warrier
September
11, 2019
Millennial
mindset
This refers
to the report “Millennials’ preference for OLA-UBER is affecting auto sector,
FM Sitharaman” (Economic Times, September 11). In a way, this is a direct admission that auto
industry has lost touch with ground realities. The second half of last century
had seen a generation growing with a services sector boom accumulating luxury
goods including cars. The present generation is more mature and they plan their
expenses based on needs. The trend to use public transport system or shared
vehicles or hiring vehicles instead of owning them should be seen as a healthy
change in attitude.
Industries including those in the auto sector should be
encouraged to adopt a "Project Approach" which inter alia gave
insights into the need to take care of the "backward and forward
linkages" for judiciously managing procurement, production and marketing
lines instead of relying on traditional methods of doing business..
On August 15, 2014, Prime Minister Narendra Modi announced
the dismantling the Planning Commission as the edifice was in disrepair beyond
redemption proposing to rebuild it. That was the end of Chapter I of the
process of planning in India, as it also expedited the death of the last Five
Year Plan, which was already in ICU with life support systems.
The promised rebuilding didn't happen as expected and the
reincarnation of Planning Commission which is now known as NITI Aayog is still
struggling to establish its own purpose and identity. Planning at national
level has become conspicuous by its absence, since 2014. We cannot blame the
citizens for our failure to manage resources.
M G WARRIER, Mumbai
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