試す - 無料

Shoup's advice on parking could unclog the streets of urban India

Mint Hyderabad

|

February 24, 2025

High parking fees will find public support if these collections are used for local-area improvements

- NITIN PAI

Very few people in India have heard of Donald Shoup, a professor at the University of California at Los Angeles, who passed away earlier this month. That is a pity, because his life's work holds the answer to one of India's biggest challenges: improving the quality of life in our cities. Shoup was the world's foremost scholar of parking policy. No, that does not do justice to his biography. He was, as one of his students described him in a eulogy, truly a prophet of parking. The book that he has left behind, aptly titled The High Cost of Free Parking, ought to be read by every economist, urban planner, civil servant and urban governance activist in the country.

One of the main reasons why traffic flow in India's cities is clogged is the cholesterol of parked (and double-parked) vehicles that make journeys slow and stressful. In addition to economic, health and environmental costs, traffic congestion corrodes our social capital. Readers will recall that in a recent column, I declared bad traffic as anti-national, for it damages our already weak sense of fraternity by exposing our worst forms of behaviour to each other on a daily basis.

Unchoking our roads ought to be an important priority of urban policy. Shoup's studies show us not only what to do, but how to do it. Let me jump straight to the answer before I explain the logic.

Mint Hyderabad からのその他のストーリー

Mint Hyderabad

Marico’s margin on slippery slope despite healthy demand

The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.

time to read

1 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

'Many blitzscaling startups don't transition to discipline'

overthe last decade havescaled much more than anyone anticipated.

time to read

1 mins

November 18, 2025

Mint Hyderabad

India ships jet fuel to US West Coast

India has exported its first-ever jet fuel cargo to the US West Coast for energy major Chevron, according to traders and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles.

time to read

1 min

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Gold spike, Trump tariffs lift goods trade deficit to all-time high

Overall merchandise exports slipped to $34.38 billion from $36.38 billion in September and $38.98 billion a year earlier. Agarwal said India maintained steady export growth in the first seven months of FY25, even as global demand softened.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Blockbuster year in sight for IPO street as issuers queue up

A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.

time to read

1 min

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Govt keen on timely payments to MSMEs

The Union government is considering a new set of measures—including charging interest and imposing a substantial levy on defaulters—to address the longstanding issue of delayed payments to micro, small, and medium enterprises (MSMEs), said two people close to the matter.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Blockbuster year in sight for IPO street

capital markets, Avendus Capital, a Mumbai-based investment bank.

time to read

2 mins

November 18, 2025

Mint Hyderabad

Mint Hyderabad

Do pre-IPO gains get long-term tax status?

I live in Australia and I own shares in a Indian company which got recently listed. I invested about 1.5 years back when it was not listed. When I sell the shares now, will it be considered as shortor long-term gains? —Name withheld on request

time to read

1 mins

November 18, 2025

Mint Hyderabad

Bezos takes on first ops role since Amazon

Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence (AI) startup that focuses on AI for engineering and manufacturing of computers, automobiles and spacecraft, The New York Times reported on Monday.

time to read

1 min

November 18, 2025

Mint Hyderabad

Meity clears projects worth ₹7,172-crore

The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country.

time to read

1 min

November 18, 2025

Listen

Translate

Share

-
+

Change font size