Driverless cars won't be allowed in India: Gadkari

Agencies
July 25, 2017

New Delhi, Jul 25: Union minister Nitin Gadkari said driverless cars will not be allowed in India as it will lead to joblessness.nithin

The road transport minister further said that instead the government will focus on training drivers as adequate driving skills can provide employment to about 50 lakh people.

"We will not allow driver-less cars in India. India suffers a huge shortage of 22 lakh drivers...Cab aggregators take advantage of these. We are not going to promote any technology or policy that will render people jobless," Gadkari said.

He said the government is planning to introduce a cab aggregator platform where commuters could choose any mode of transportation like electric four-wheeler taxis or two- wheelers.

The government will only be a facilitator in this but the platform will bring in more competition and help commuters to have affordable public transportation, he said.

Also, he said that the government will promote electric vehicles but would not allow its imports and rather would urge all major automobile companies to manufacture this as per 'Make in India' drive.

Besides, the government is also planning to introduce and make GPS and satellite tracking mandatory in all public and private vehicles.

Besides, plans were afoot to transform public transportation in the country and replace 1.8 lakh buses across the states with luxury buses, the minister said.

"Talks are on with World Bank and Asian Development Bank (ADB) to help India to replicate the London Transport Authority Model where all the public transportation buses would be replaced by luxury buses and a common man can travel in them by paying about 40 per cent less price as compared to current fares," said Gadkari.

He said double decker and other luxury buses would be introduced where there would be facilities on par with flights.

The project would be complemented by building state-of- the-art bus ports on the line of Indian airports and a special National Highway Authority of India (NHAI) wing with an equity of Rs 500 crore would be set up to undertake this.

The government plans to construct 25 bus ports pan-India at present, he said.

Also, there has been changes in the e-rickshaw and carts designs to facilitate transportation of goods.

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ZAMEER BAIAKDI
 - 
Wednesday, 26 Jul 2017

Inna Lillahi Wa Inna Ilahi Rajiwoon,

Great Personality from Shiroor, Who's given immense contribution to the society certainly People around Udupi will remember.

I pray to Almighty Allah to grant him Jannah.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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News Network
May 15,2020

New Delhi, May 15: The World Bank on Friday approved $1 billion 'Accelerating India's COVID-19 Social Protection Response Program' to support the country's efforts for providing social assistance to the poor and vulnerable households, severely impacted by the pandemic.

This takes the total commitment from the World Bank towards emergency COVID-19 response in India to $2 billion.

A $1 billion support was announced last month to support India's health sector.

The response to the COVID-19 pandemic around the world has required governments around the world to introduce social distancing and lockdowns in unprecedented ways, said Junaid Ahmad, World Bank Country Director in India in a webinar interaction with the media.

These measures, intended to contain the spread of the virus have, however, impacted economies and jobs – especially in the informal sector. India with the world's largest lockdown has not been an exception to this trend, he said.

Of the $1 billion commitment, $550 million will be financed by a credit from the International Development Association (IDA) – the World Bank's concessionary lending arm and $200 million will be a loan from the International Bank for Reconstruction and Development (IBRD), with a final maturity of 18.5 years including a grace period of five years.

The remaining USD 250 million will be made available after June 30, 2020.

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Agencies
August 8,2020

The Civil Aviation Ministry announced an initial assistance of Rs 10 lakh to the dependents of the deceased in the Kozhikode AIE plane crash, while the Kerala government also announced a compensation of Rs 10 lakh each.

Minister of Civil Aviation, Hardeep Singh Puri, who visited the mishap spot on Saturday, said that a detailed probe is already on and the pilot and co-pilot were highly experienced.

He also announced a compensation of Rs 2 lakh each to the injured and Rs. 50,000 each to those who suffered minor injuries. The other normal compensations would be decided in due course.

Puri said that Captain Deepak Vasant Sathe, aged 59, who commandeered the AIE flight, had a flying experience of 10,848 hours, while co-pilot Akhilesh Kumar, aged 32, had a flying experience of 1,723 hours.

"Deepak was one of the most distinguished and experienced pilots. He had a commanding experience of 6,662 hours and was commander of B-737 aircraft for 4,244 hours. He had also operated to Kozhikode international airport 27 times. He joined AIE in 2013 and prior to that he served with the IAF and HAL. He was a figher pilot and a recipient of prestigious sword of honour and a gold medalist," said Puri.

Puri said that even as the flight slipped down to around 35 feet, a major disaster was averted due to timely rescue operations. Local people played an exemplary role and the fire brigade's timely action of cutting the plane body and rescuing the passengers minimised the casualties, he said.

Chief Minister Pinarayi Vijayan also said that the local people and all rescue and relief agencies did a well co-ordinated job. The state government would also meet the entire treatment expenses of the injured.

Till Saturday afternoon, the total number of deaths was 18. While 149 were still in hospitals, 23 were discharged.

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