India 10th most vacation deprived nation: Study

November 21, 2013

Satellite_surveillanceNew Delhi, Nov 21: India is the tenth most vacation deprived nation in the world as the average Indian fails to relish their leisure time and continues to stay connected to work during vacations, according to a new survey.

Such holiday habits have pushed India to the world's tenth most "vacation-deprived" nation down from last year's fourth position, found the survey by online travel service provider Expedia.

Results of the 2013 Vacation Deprivation study has been derived from an annual analysis of vacation and holiday habits across multiple countries and continents.

The survey finds while on an average, Indians utilise 20 out of 26 leaves granted, they still lag behind in relishing the leisure time - whether booking hotels for a relaxing getaway or just staying at home - with 94 per cent at least sometimes check on mails even during on vacation.

"In India, people still lag behind when it comes to completely letting go during their vacation. Not just this, even during regular days, Indians work for more hours than other countries with 38 per cent people working for 41-50 hours a week. This shows the need for a better work-life balance," says Vikram Malhi, General Manager, South and Southeast Asia Expedia India.

While India tops the percentage of people checking mail on vacations it is followed by those in France (93 per cent), Thailand (92 per cent), Malaysia (91 per cent) and Mexico (91 per cent).

37 per cent Indians surveyed said they preferred getting money in exchange of unused holidays, which is the highest number in the world, followed closely by Brazil (30 per cent).Within the country too, people in Delhi topped the trend with 44 per cent of employees not redeeming their holidays and preferring to get money in exchange. Delhi is followed by Mumbai (24 per cent) and Bangalore (36 per cent).

With respect to saving vacations for future use Indians ranked third highest 46 per cent, in the world with Malaysia and Singapore leading with 56 per cent and 53 per cent respectively.

Overwork is another reason for people not going on vacations. The survey found that India is second highest in having maximum number of over worked people with people working for an average of 42 hours a week.

Hong Kong tops the list with people working an average of44 hours a week.

However, despite being the country with one of the most overworked people, 85 per cent people say they are satisfied with their job.

The study is an annual analysis of vacation habits across 24 countries and was conducted online by Harris Interactive among 8,535 employed adults between August and September 2013 on behalf of Expedia.

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News Network
January 7,2020

New Delhi, Jan 7: The Delhi Police has filed an FIR against JNUSU president Aishe Ghosh and 19 others for allegedly attacking security guards and vandalising the server room of the Jawaharlal Nehru University (JNU) on January 4.

The police registered the FIR on January 5.

In the complaint filed by the JNU administration, the University alleged that the accused were involved in physical violence and pushed the women guards, verbally abused them and threatened them of dire consequences if they opened the lock of university's communication and information (CIS) office.

"They illegally trespassed the University property with the criminal intention to damage the public property. They damaged servers and made it dysfunctional. They also damaged fiber optic power supplies and broke the biometric systems inside the room," the University officials alleged.

This incident allegedly occurred a day before Aishe Ghosh, other JNU students and teachers were attacked by a masked mob inside the campus.

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Agencies
February 13,2020

New Delhi, Feb 13: The BJP's Amit Shah today said statements like "goli maaro" and "Indo-Pak match" should not have been made by BJP leaders ahead of the Delhi elections.

The BJP may have suffered in the elections because of hate statements made by party leaders, he said, reported news agency Press Trust of India.

The party, he said, had distanced itself from such remarks.

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News Network
March 4,2020

New Delhi, Mar 4: The government on Wednesday permitted NRIs to own up to 100 per cent stake in disinvestment-bound Air India.

The decision comes at a time when the government is looking to sell 100 per cent stake sale in the national carrier.

Union minister Prakash Javadekar said the Cabinet has approved allowing Non-Residents Indians (NRIs) to hold up to 100 per cent stake in Air India.

Allowing 100 per cent investment by Non-Resident Indians (NRIs) in the carrier would also not be in violation of SOEC norms. NRI investments would be treated as domestic investments.

Under the Substantial Ownership and Effective Control (SOEC) framework, which is followed in the airline industry globally, a carrier that flies overseas from a particular country should be substantially owned by that country's government or its nationals.

Currently, NRIs can acquire only 49 per cent in Air India. Foreign Direct Investment (FDI) in the airline is also 49 per cent through the government approval route.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines.

In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

On January 27, the government came out witha Preliminary Information Memorandum (PIM) for Air India disinvestment. It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express and the national carrier's 50 per cent stake in AISATS, an equal joint venture with Singapore Airlines.

Under the latest disinvestment plan, the successful bidder would have to take over only debt worth Rs 23,286.5 crore while the liabilities would be decided depending on current assets at the time of closing of the transaction.

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long.

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