Business Standard

What's common between India's auto industry & the hen that laid golden eggs

The Twitter user said the farmer in this case was the Central government, the hen was the auto industry, and the egg was the goods and services tax

PVs best placed in auto sector; Maruti is favoured pick in the listed space
Premium

Representative Image

Business Standard
Moral of the story?

A Twitter follower has drawn an analogy between the state of the auto industry in India and the fable about the hen that laid golden eggs. The story went something like this: A farmer had a hen that laid golden eggs, but only one a day. The farmer killed the hen in his greed to get all the eggs at one go, but, of course he couldn’t. The Twitter user said the farmer in this case was the Central government, the hen was the auto industry, and the egg was the goods and services tax. According to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in