“In view of Singapore’s land constraints and our commitment to continually improve our public transport system, we will lower the vehicle growth rate from the current 0.25% per annum to 0% with effect from February 2018 for COE Categories A, B and D”, says Land Transport Authority of Singapore.
Categories A,B and D refer to small cars and motorcycles segment (COE = certificate of entitlement).
What this means is that COE, which is certificate of entitlement, i.e. a license to drive a car is valid for ten years. In Singapore, COEs are released at periodic intervals and need to be bid on.
Earlier the number of COEs used to increase annually by 0.25 percent. From next year, it will be zero percentage – i.e. stagnant.
If you say that hey! we need this in India too – hold on.
There is massive investment in infrastructure to support public transport and reduce the number of vehicles in the country, ensuring very little disruption to the public.
Notes from the government notice:
Land Transport Authority will continue to improve our public transport system. Over the past six years, we have expanded our rail network significantly, growing the rail network length by 30% and adding a total of 41 new stations. Through the $1 billion Bus Service Enhancement Programme and Bus Contracting Model, we have added new routes and injected greater capacity into the bus network while raising service levels. The Government will continue to invest $20 billion in new rail infrastructure, $4 billion to renew, upgrade and expand rail operating assets, and another $4 billion in bus contracting subsidies over the next five years to improve public transport.
This is precisely what is called ‘DEVELOPMENT‘.
The main thing about development is to not disrupt the average citizen, yet achieve the long term objective of being a sustainably awesome country.
This is definitely something India needs to learn from Singapore (let’s not talk about the ‘scale’ of the country and its size – it’s all in the mind).
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