New Delhi: Major automobile manufacturers including Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda on Sunday reported a high double-digit decline in their sales in August as the Indian auto sector continued to reel under one of the worst slowdowns in its history.Domestic sales declined by 34.This is despite the high discounts prevailing in the market which makes it the best time to buy cars, he added.9 per cent at 54,274 units as against 71,364 cars in August last year. Severe floods across .325" saw chains states has also hurt the demand in the industry.In the passenger vehicle segment, which includes utility vehicles, cars and vans, M&M sold 13,507 units last month as compared to 19,758 vehicles in the same month of 2018, a drop of 32 per cent.3 per cent at 97,061 units last month as against 1,47,700 units in August 2018, it added.TKM Deputy Managing Director N Raja said, "The consumer sentiment continues to be muted in the month of August, with customers deferring their purchase of vehicles.Hyundai Motor India domestic sales contracted by 16.Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 23.Commenting on the sales performance, Tata Motors President Passenger Vehicles Business Unit Mayank Pareek said the market continued to be challenging, but the company has focused on improving its retail sales, which saw an uptick of 42 per cent.

The countrys largest carmaker Maruti Suzuki India reported a 32.Similarly, Honda Cars India Ltd (HCIL) domestic sales dropped to 8,291 units in August as against 17,020 units in the same month last year.58 per cent to 38,205 units.Toyota ******loskar Motor too reported a decline in total sales at 11,544 units in August..In the domestic market, sales were down 26 per cent to 33,564 units last month, compared to 45,373 units in August 2018.Mahindra and Mahindra (M&M) total sales dipped to 36,085 units in August as against 48,324 units in the corresponding month last year.7 per cent decline in sales at 1,06,413 units in August. Unfavourable exchange rate is not helping our غير مجاز مي باشدt."The auto sector continues to witness high de-growth due to poor consumer sentiment," HCIL Senior Vice President and Director, Sales and Marketing, Rajesh Goel said in a statement.Sales in the domestic market stood at 10,701 units as compared to 14,100 units in August 2018, down 24 per cent

.In the commercial vehicle segment, the company sold 14, 684 vehicles as against 20,326 units a year ago, down 28 per cent."He, however, said the recent measures announced by Finance Minister Nirmala Sitharaman to boost the auto sector with cheaper car loans, improving liquidity through credit expansion to public sector banks, deferring of one-time registration fees, higher depreciation for all vehicles and lifting ban on purchase of new vehicles in government departments are likely to spur some demand which is a much needed relief.While Maruti reported a 33 per cent drop in August sales at 1,06,413 units, sale of passenger vehicles by Tata Motors fell 58 per cent during the month under review.Similarly, Honda Cars India and Toyota ******loskar Motor (TKM) sales dropped 51 per cent and 21 per cent, respectively.

5 billion today already consists of robots.  The manifesto opens with a segment on "Nation First", which is calculated to warm the cockles of the security hawks, the armed forces, the police and arms manufacturers. Possibly this is the bottomline mesغير مجاز مي باشدe of the Sankalp Patra. The 2019 manifesto is all about promises for the next five years.The writer is adviser, Observer Research Foundation. Otherwise we will be left defending a wasteland. Voters will vote for the BJP if they believe in Brand Modi or look elsewhere. This appeases Kashmiri pandits who were forcibly evicted in the 1990s by Kashmiri "militants".Then a uniform civil code came at the end of the document.

The Sankalp belies its promise.The pre-election media blitzkrieg — paid for by government funds of course, the advantage of a ruling government — was all about PM Modi’s achievements.Rs 25 trillion — a 150 per cent increase in spending on rural development and agriculture over the next five years is proposed, including for a "pucca" house, physical and digital connectivity for all villages by 2022 and piped drinking water to all rural homes by 2024.We are far from junking top down, paternalistic, big man rule. Threats to the nation, internal and external security similarly figured at the tail end. Also absent is a replication of the transformative "1992 moment" — liberalising agriculture and removing administered controls on exports, import, trade across state borders and bilateral domestic trade outside the mandi. Micro targets are misaligned with macro objectives. In a similar vein, Hindu sentiments are appeased by asymmetrically amending the Citizenship Act to allow "Hindu" refugees settled elsewhere to return to India, whilst not extending this privilege to Muslims or Christians. Oddly, the Congress chose to follow a similar strategy last week, with Rahul Gandhi as its key protagonist, presenting a David versus Goliath choice. "Green" economic growth with massive investments in human development and social protection is the way to save jobs, end poverty and "weather-proof" India. But it is far from business as usual. Nose-Replacement Guide Bar factory Voters have got used to the BJP scaling up programmes to previously unheard-of levels and achieving seemingly impossible targets — remember how everyone laughed at a renewable energy target of 175 GW by 2022? Well, we are more than halfway there already. Those reservations have disappeared five years down.

Income support of Rs 6,000 per year will be extended beyond the small and marginal farmers to all farmers, as will pensions for farmers above 60 years of age and the pernicious practice of deducting crop insurance premiums from farmer bank accounts without their permission is to end. In 2014 agriculture was a low priority.A laundry list of promises can only ride on the personal credibility of a single person — Prime Minister Narendra Modi.  Public debt levels are already at the ceiling of 60 per cent of GDP, reduction in fiscal deficits (FD) over the first three years have been eroded with FD touching four per cent in FY 2019 on a "full public sector deficit accounting" basis, including delayed expenditure and intra corporate loans between profitable oil and insurance public enterprises to loss makers like Air India and stressed public sector banks. Regional political leaders are no different in their preferred style of governance. Today all that is replaced by a heavy Statist vision led by massive public investment. Then upfront was federalism as symbolised by "Team India", decentralisation and inclusion. These objectives clash with the largesse extended to groups of voters and an enhanced capital investment of Rs 100 trillion on infrastructure, over the next five years, versus just around Rs 20 trillion of actual public investment over the previous five. The manifesto fails to walk this tightrope.Most disturbingly, the strength of Team India is to be evoked in abrogating Article 370 of the Constitution, which guarantees autonomy for Jammu and Kashmir, and annulling Article 35A, which allows it to discriminate between residents and others. FDI inflows have been robust but India’s external account cannot hope to survive on a pile of foreign debt or foreign investment which is prone to be globally mobile.

Robotics and artificial intelligence are making rapid strides.Towards making India a trillion economy by 2025 — a doubling of GDP in real terms — policy objectives of fiscal stability, low inflation and high tax revenues above 12 per cent of GDP are proposed.Resonating with farm distress and a possible drought around the corner, the next segment of the manifesto is about doubling farmers’ income by 2022. Consider that 0.1 per cent of the global workforce of 3. All nice sounding, somewhat fuzzy intentions calculated to evoke a warm, "looking forward" feeling.Missing is the recognition that dairying livelihoods has become unviable for small farmers, who can no longer sell their milch cattle gone dry or their bulls. An autarkic vision is expounded of sheltering agriculture behind import controls and export incentives — a strategy which is being challenged by global sugar exporters in the World Trade Organisation and is wholly outof sync with making India "part of global value chains". Sadly, in defiance of the tenets of responsible banking, interest-free loans are proposed of up to Rs 1 lakh for all farmers. Trade-offs — essential in public allocations — are neither discussed nor defined. But goodies rather than structural reform dominate the narrative.Manifestos don’t count for much if elections are won on the popularity of a single leader — Narendra Modi.The security strategy is entirely military, quite ignoring the real threat to this nation and to all others from creeping global warming and the uncertain future of jobs in a poor, population-heavy economy like India. None of this is pleasant reading for those who believe that the Constitution encourages the State to be blind to religion.Good performance invites the curse of heightened expectations unless tempered by realism. The BJP has matured way beyond the timorous offering it put out in 2014 when it was toeing the middle road between liberalism and right-wing politics. In a vision, very similar to Donald Trump’s America, the foremost national priority today is to protect the nation from illegal immigration and terror.