Companies & Sectors
Regulation of air ticket pricing will affect industry: Minister
Responding to a calling attention motion on the issue in the Rajya Sabha, Raju said that while there were people who got air tickets at high prices, there were also those who got them at lower prices
 
Civil Aviation Minister Ashok Gajapathi Raju on Thursday said a regulatory mechanism for air ticket pricing will have an undesirable effect on the aviation industry and pointed out that globally a cap on flight ticket prices existed nowhere.
 
Responding to a calling attention motion on the issue in the Rajya Sabha, Raju said that while there were people who got air tickets at high prices, there were also those who got them at lower prices.
 
"A regulatory mechanism (on air ticket pricing) will mean putting caps and floors... it will have its impact on the aviation industry... Is it desirable," the minister asked as opposition members urged the government to take action against exorbitant ticket prices charged by airlines.
 
"How do I reason with people buying cheap cost tickets? It will push the prices 10 times for them," he said adding that all airlines have the minimum and maximum value of tickets displayed on their website.
 
As several members, including Deputy Chairman P.J. Kurien, pointed out at the jump in prices during the festival season, the minister said: "A festival is no emergency. People know the date months in advance and can book their tickets."
 
As opposition members protested and pressed for government action on the issue, Raju said: "I will try to see if we can find some way out."
 

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COMMENTS

paryojan

2 years ago





The only industry that is reaping the financial reward with the prices of crude oil dropping dramatically is the Airline industry. But why everyday travelers are not seeing the cost benefit of lower fuel prices? Crude oil had dropped from $110 USD per barrel in June 2014 to below $60 per barrel today.I have found an interesting data about the air ticket pricing in a popular World magazine for this relevant topic : http://www.billionairesnewswire.com/lowe...



Eco-friendly cars running on air? Indian scientists show a way
At a time when carbon dioxide emissions from vehicles have come under the scanner for problems related to climate change, fuel cells are being seen as promising alternatives to fossil fuels
 
Cars that run on air and puff out water vapour as exhaust? Well, Indian scientists claim solar energy can be integrated with unique devices called fuel cells to generate clean energy that could power green automobiles and much more.
 
At a time when carbon dioxide emissions from vehicles have come under the scanner for problems related to climate change, fuel cells are being seen as promising alternatives to fossil fuels.
 
And fuel cell vehicles are a reality now. In fact, in November last year, Toyota unveiled the Mirai, one of the first hydrogen fuel-cell vehicles to be sold commercially. Honda also displayed its sleek, new environmental friendly car engineered on the same principle.
 
"One of the major drawbacks of fossil fuel is that it generates greenhouse gas such as carbon dioxide. Also, due to incomplete combustion it produces a deadly poison like carbon monoxide," Swadhin Mandal, a scientist at Kolkata's Indian Institute of Science Education and Research, told IANS.
 
But in a fuel cell, hydrogen combines with oxygen to produce electricity, heat, and water - which makes it eco-friendly.
 
Due to the storage and safety concerns of hydrogen, the focus now is on hydrogen peroxide as the source.
 
Mandal and his collaborators at IISER-Kolkata and the Pune-based CSIR-National Chemical Laboratory have gone a step ahead to make the technology more energy-efficient.
 
According to the expert, by using solar energy tapped via photovoltaic cells, one could drive such fuel cells out of air.
 
"In principle, you can capture oxygen from air and use a photovoltaic cell to convert oxygen to hydrogen peroxide. So on a sunny day, you could use that to produce electricity and water," said Mandal, an associate professor at the institute's Department of Chemical Sciences.
 
The researchers have shown a new route that makes a hydrogen peroxide-based fuel cell 140 times more active.
 
Published online in the Journal of The American Chemical Society (JACS), the study is co-authored by students Anand Pariyar, Gonela Vijaykumar, Mrinal Bhunia, Suman Kumar Dey and Santosh K. Singh.
 
They have displayed the use of a novel iron-based substance to speed (act as a catalyst) up the energy generation - the key to the fuel cell's high performance.
 
"This makes the procedure not only energy efficient but also cost-effective since we did not use conventionally used platinum catalyst, which is very expensive. Moreover, hydrogen peroxide storage and transportation is very easy compared to hydrogen," said study co-investigator Sreekumar Kurungot from CSIR-NCL, Pune.
 
Mandal added: "Eventually, with more technological breakthroughs, hydrogen peroxide fuel cells should be able to power automobiles using oxygen from the air. In addition, the hydrogen peroxide-based fuel cell is now considered the best option for use as a power source at space stations, remote military camps and for underwater power requirements."

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COMMENTS

manoharlalsharma

2 years ago

1st to make all corruption free then only think of further otherwise all go to whest or to dustbin.

Dinesh Acharya

2 years ago

At present we are battling to lower CO2 levels. Then we will have a problem of depleting oxygen levels?

J Pinto

2 years ago

Indian scientists can be justifiably proud if they manage to crack the fusion energy challenge. This is the only clean, sustainable way for India (and China and others) to move forward.

For now it seems like the French and others are ahead in the game.

http://www.abc.net.au/news/2015-05-07/it...

India Inc. lax on steps against sexual harassment: Survey
Nearly a third of the companies operating in India are yet to constitute the mandatory panel against sexual harassment at workplace, with the incidence of non-compliance higher among domestic entities, reveals a survey.
 
The Ernst and Young survey reveals that 40 percent of the respondents were yet to train the members of their internal complaints committees even though it is mandatory under the law that came into force in December 2013.
 
The survey was conducted between January and April 2015 through an online questionnaire hosted on EY’s website in India. It received 129 responses from the survey, the consultancy said.
 
Another finding: 44 percent the respondents did not display the penal consequences at a conspicuous places, as also required under the Sexual Harassment of Women at the Workplace (Prevention, Prohibition and Redressal) Act, 2013.
 
What is more, the lack of awareness about constituting the panel was 67 percent among electronics and telecom firms, 59 percent in banking and financial services firms, and 40 percent each in IT, and advertising, media and entertainment companies.
 
The nature of complaints: 47 percent for physical contact and advances, 13 percent over demand or request for sexual favours, 37 percent over sexually colored remarks, and four percent over display of pornographic content.
 
"The government’s intent is to put a brake on such cases," said Arpinder Singh, partner and national leader of fraud investigation and dispute services with Ernst and Young.
 
Sexual harassment as per law includes unwelcome acts or behaviour - whether directly or by implication - such as physical contact and advance, a demand or request for sexual favours, making sexually colored remarks, showing pornography, etc.
 
The study also quoted data compiled by the National Commission for Women that showed noticeable rise in sexual harassment at the workplace: From 170 cases in 2011, to 167 in 2012, 249 in 2013, and 336 in 2014.
 
Ernst and Young said there was hope yet. "It is not impossible for corporate India to provide a safe place of work for their women employees," it said. Its prescription:
 
- Constitute internal committees
 
- Ensure the presiding officer is a woman at a senior level
 
- Not less than two members from employees committed to the women's cause
 
- One member from non-governmental organisations
 
- Formulate and disseminate internal policy listing all aspects including remedy
 
- Drive awareness through online and off-line training
 
- Investigate complaints and take strict action against perpetrators
 
- Monitor timely submission of reports by panels to the government
 
- Treat sexual harassment as misconduct under service rules
 
- Initiate action for such misconduct.

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