Jatin Verma is teaching live on Unacademy Plus
DAILY NEWS ANALYSIS from THE HINDU 2 1st August 2017 By JATIN VERMA Educator Unacademy For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Page-13: Corporate governance: focus on SEBI SEBl had constituted a committee on corporate governance under the chairmanship of Uday Kotak in June this year.The committee is expected to submit its report within four months. 'Subjective views: In India, corporate governance continues to see subjective interpretation. While India is moving towards internationally accepted norms of corporate governance, we are bound to see this kind of volatility. . This is a fight between modern, free-market capitalism on the one side and the forces of 'compassionate capitalism' on the other. The governing board or a supervisory board would be an important top layer setting the direction for suchc The founders, perhaps, look at a quarter of a century while the market looks at the next quarter
Organisational Chart: Philosophy of founders of Company, their values Board of Directors Management/CEO Targets, Competition,"New Values Different Hierarchical Levels of Organisation
Page-10:Army to get only six Apaches The Army's request for II Apache attack helicopters was cut down to six by the Defence Ministry after objections from the Finance Division. The MoD Finance had red-flagged the proposal for I I helicopters.It will be a duplication of assets as the Indian Air Force is already in the process of acquiring 22 of them. . Last week, the Defence Acquisition Council (DAC), chaired by Defence Minister Arun Jaitley, had 168 approved the procurement of six Apache helicopters along with associated equipment at a cost of crore. . These would be procured under optional clause in the $3-billion deal signed with Boeing of the U.S. in November 2015 for 22 AH-64E Apache attack helicopters and 15 CH-47F Chinook heavy-lift helicopters. . The optional clause is for II helicopters, which would be available at the same price. However, the validity of the clause expires next month. MoD Finance Division was not in favour of going for the option clause. . The Army has for long pitched for its own dedicated attack helicopter fleet integrated with its Strike Corps and has expressed a need for 39 Apaches.lt had even sparred with the Air Force for control of the 22 helicopters which was rejected by the government.However, the government had stated that future acquisitions would go to the Army.
.Page-10: Justice Karnan to petition Calcutta HC on parole plea. Article 16l of the Constitution, under which the Governor can grant pardon. Page-10: Hawala dealer sent to judicial custody City A City B Country U.S City C Country Dubai
Page-I I :Yawning gaps in communication and track safety. A High Level Safety Review Committee under the chairmanship of Dr.Anil Kakodkar to review the safety of the Indian Railways and recommend improvements.. . Passenger fares have not been increased in the last decade and the infrastructure is severely strained.All safety margins have been squeezed.This has led to a neglect of infrastructure maintenance In the present situation, the three vital functions (rule making, operations and the regulation) are all vested in the Railway Board. There is need for an independent mechanism for safety regulation.The Committee recommends the creation of a statutory Railway Safety Authority with enough powers to have a safety oversight on the operational mode of Railways. The Research Design and Standards Organization (RDSO), the apex technical wing of the Railways, is highly constrained.This has hampered the ability of the system to internalize emerging technologies.The Committee recommends restructuring of RDSO for greater empowerment. It also recommends that a Railway Research and Development Council (RRDC) be set up directly under the government. The Committee recommends the adoption of an Advanced Signalling System (akin to the European 2. 3. 4. Train Control System) for the entire trunk route length of 19,000 km within 5 years. This is estimated to cost Rs 20,000 crore
. Committee recommended monitoring of all the bridges in terms of scientific measurements of deflections/displacements, water level and flow velocity on a continuous basis and data should be communicated to the office of the concerned Chief Bridge Engineer for monitoring. Panel notes that Railways had classified at least 3,000 bridges to be 100 years old or more and 32 bridges as distressed structures, wanted vulnerable bridges fitted with water level gauges and turbine flow meters to measure flow which should be interlocked in a way to warn the driver of the approaching train. The panel has recommended an advanced signalling system based on continuous track circuiting and cab signalling similar to European train control system Level-ll on the entire trunk route of about 19,000 route kilometres at an estimated cost of Rs.20,000 crore within five years. The Kakodkar committee's analysis of data for the last five years showed that in the Indian Railway system spread across 64,000 route kilometres, derailments accounted for nearly half the total accidents followed by accidents at unmanned level crossing gates (36 per cent). Level crossing incidents contributed to 59 per cent of the deaths and 42 per cent of casualties
Page-13: Zip past toll barriers. . It is a device that uses Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid account linked to it. It is affixed on the windscreen of your vehicle and enables you to drive through toll plazas without waiting as you would for a cash transa purchase, it only needs to be recharged or topped up.The service is applicable to all kinds of vehicles but use of the service is currently voluntary has a validity of 5 yearsa . The tag can be linked to the MyFast Tag mobile app. Purchase and top ups can be done through the app.All lanes in 371 toll plazas in the country will be FASTag-enabled by October I All these plazas will have a dedicated FASTag lane by September I. How is it beneficial? [illt helps quicken your passage through toll barriers and helps avoid use of cash. [ii]it helps reduce use of fuel and pollution due to high waiting-times at the barriers. [ii]lt will help the government identify the quantum of road use and types of vehicles passing through, aiding budgets for road widening and other infrastructure expenses. [iv]lt could help increase accruals to the government as some operators managing toll plazas have, in the past, have been suspected of under reporting their revenues.
. Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain electronically stored information Passive tags collect energy from a nearby RFID reader's interrogating radio waves. Active tags have a local power source such as a battery and may operate at hundreds of meters from the RFID reader. d not be within the lineo embedded in the tracked object. RFID is one method for Automatic Identification and Data Capture (AIDC) . RFID tags are used in many industries, for example, an RFID tag attached to an automobile during production can be used to track its progress through the assembly line; RFID-tagged pharmaceuticals can be tracked through warehouses; and implanting RFID microchips in livestock and pets allows for positive identification of animals. Since RFID tags can be attached to cash, clothing, and possessions, or implanted in animals and people, the possibility of reading personally-linked information without consent has raised serious privacy concerns
Other Courses by me: Mediumm 1. The Hindu News Analysis 2. The Hindu Editorial Analysis 3. Daily PIB Summary Live Now. 4. Daily MCQs on Current Affairs 5. Yojana/Kurukshetra Analysis Coming son. [Hindi & English] 6. Indian Polity Crash Course 7. Most Important Current Affairs. [Hindi & English] [Hindi & English] [Hindi & English] [Hindi & English] [Hindi for now] [Hindi & English]. Sunday-weekly DNA Review: Sunday-weekly Editorial Review: A re-cap of Most Important News of the week A re-cap of Most useful Editorials of the week