Ad Here  
May
June
July
August
September
October
 
 
Tryst with GST Welcome Measures. Work for 10X Change A gratifying record Policy Makers Pool energy prices Breaking news or breaking credibility? A blueprint for the future In the horns of a dilemma The Great Fall Technology and economic development should be linked Healthy finances of the Chennai Corporation Welcome rains for damaged roads... Sowing seeds of hope A historic indirect tax reform Focus on agriculture and human resources Skewed Economic Zones? Reform this licence to…kill It’s raining funds for states. Really? Focus on southern TN... Chennai Airport-Ready for a rapid take off... Kudos to GIM organisers... Deming awardees galore! When the examiner cheated... An eventful week with VVIPs of Delhi Strategic planning the missing link Need plan over the long term planning They add lustre to Padma Awards No groundnuts in groundnut oil! Well-administered State MS Installed Miles to go... Ganesh’s mantras Better relations with UK... Little surplus after salaries, subsidies and debt servicing Welcome move to widen the tax net… CSR, tech revolution and bank crisis Economy through the month Trail-blazing Tamil Nadu Land, land everywhere, but... Industry can’t get it from Mars, yet Rail-road Rajaraman Need for radical RBI reform How will it PAN OUT 1800 parties registered with EC – Less than 60 contest elections If not Tamil Nadu, where else? Much ado about nothing An eco-friendly commute in Mysuru Outward ho A tale of two Bihar babus Weaving wealth of western Tamil Nadu Low profile moves INDIA keeps its date with destiny Sustainably developing manufacturing sector… Make way for Make in India... Jobs - Lost, Changed or Gained TN - so much to offer... Cleansing Indian retail A Fine division of responsibilities After all, customer is the king Public investments and welfare will surge Truce at Kasturi Buildings Star of the South Oh my GOLD Wanted: decentralised financial system South India’s 100 most valuable companies Two welcome measures from the chief minister... Why throw baby with bath water? A dual GST that will protect prosperous states You too T M Krishna? PC please be our Santa Indian GST – Between extremes… Why (not) abolish? Babes In the wood-RBI North block has little clue to curb inflation Much can be done by us Babes In the wood-RBI North block has little clue to curb inflation What the big B should offer? The deluge and the several kindly souls Research for survival... BJP can now hasten its thrust for reforms Tax evaders’ get out of Jail-Free Card Sardar Sarovar – the seventy year itch CAD and the emergency thereof
 
An eco-friendly commute in Mysuru

Early June, Chief Minister Siddharamiah launched the country’s first public cycle-sharing scheme in Mysuru. Unlike many of the other schemes being developed  for smart cities, the cycle sharing system is owned by the civic administration and its associates. A Mysuru-based enterprise engaged in the manufacture of battery-operated bicycles will work on Trin-Trin (the fancy name of the scheme) and promote the concept of cycling. There will be 52 hubs in the city and 450 bikes, including 20 geared ones, to begin with. Residents and tourists can hire cycles from any of the hubs or docking stations which will be sited across the city at vantage points and return them at any hub convenient to them. The hubs will be operated through a fully automated system. The user needs to register at stipulated counters by paying Rs 350, including a refundable deposit of Rs 250 and buy a smart card to be punched when hiring a cycle or returning it. There will be no charge for less than an hour of hire, Rs 5 for up to two hours, Rs 10 for three hours, etc. 

Compared to other transport networks, cycle sharing schemes are reasonably low-cost and easy to implement which is why the system has seen a boom worldwide, most widely popular in China. While short trips will bring in more money since they will mean more trips per day per cycle, there is scope to raise funds through advertising on the cycles and in the hubs. It is a win-win situation with a hidden benefit for urban planners: by boosting last-minute connectivity, the pressure on the city can be eased by rendering the suburbs within reach. The only hassles: chaotic road traffic and pathetic road conditions plus theft and vandalism. 


Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com