Friday, May 18, 2012

Replace Vehicle Import Quota with Bonus

One of the recommendations submitted by the team that assessed Rupee Crunch was to stop Vehicle import quota for civil servants. At first it seemed like we are going to be deprived of a lifetime bonus but it didn't take long before I saw the light at the end of the tunnel. Government may not be worried about the 35% of the total cost of the car it's paying to the quota receiver, it's the 75% that gets dragged along across the border.
Government gives vehicle quota to senior officials upon attaining grade 6, which means at least ten years in service and therefore it's an expression of recognition for unfailing service. But canceling it altogether could be misinterpreted in many demoralizing reasons, thus it's important to device a way to address the rupee issue without depriving civil servants of their rare gift.
As far as the trend goes, most of the civil servants own good cars by the time they reach grade six, and they resort to selling their import quota to private businessmen. The value of a quota is over Nu.400,000 but best price I ever heard of was Nu.150,000 and some surrender at Nu.50,000. By this the bigger portion of the gift from government goes to buyers of the quota. More over quotas are indirectly making the import of cars compulsory, which is the biggest concern now.
Therefore, I suggest my government to replace Quota with Bonus. Pay six months salary as bonus to the employees upon attaining grade six, the amount will be far lesser than what quota is taking away at the moment. This is not only economical for the government but also has big impact on the employees who could receive the full value of the gift. And with this the indirect-compulsion on import of cars will cut down to zero, solving the biggest question without hurting a soul.

7 comments:

  1. i think the idea of bonus looks far far better option than completely banning the quota.

    I wish our Government consider this option sooner.....

    PSN

    ReplyDelete
  2. I quite like your idea of bonus. It's practised in corporations (in fact yearly)and I believe it motivates their employees.

    ReplyDelete
  3. Phasing out completely the age old kind of system is disgracing in itself. Filling it in new bottle will solve the jigsaw. Annual bonus the corporate employees enjoy is quite different from vehicle quota

    ReplyDelete
  4. Thanks friends for finding my idea worth, but would our government listen to an ordinary Bhutanese? We should try, we should help our government help us wisely. Please spread the words.

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. Superbes photos dans votre blog :) intéressant .
    http://www.yerhotel.com/Milano/ilario

    ReplyDelete

What do you have to say about the post you just read?

LinkWithin

Related Posts Plugin for WordPress, Blogger...