Public transport
No, a Car Is Not an Asset; It Is the Indian Middle Class’s Financial Suicide
A car costs ₹10-12/km; the Mumbai local costs ₹0.33/km. On a middle-class income, EMI and running costs eat 100% to 300% of your free cash flow.
Public Transport
Essays on why private cars destroy middle-class finances in the Global South, and how public transport wins on capital, running cost and free cash flow.