Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
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While I do not minimize the importance of curbing drunk driving through stiffer penalties, the majority of traffic violations I have witnessed are done in broad daylight, at traffic signals by impatient, irresponsible two-wheeler drivers.
They do not obey lane markings, they climb on pavements to get ahead, they veer dangerously between cars, going the wrong way on a one way street, they jump the signals causing a lot of fear among people trying to cross during the green walk signals. Also majority do not wear helmets. The rider on the pillion never wears one even if the driver wears one; as if the life of the pillion rider is expendable.
I think if police employ temporary traffic monitors for 3 months as a trial at as many traffic signals as possible, I bet the fines will not only cover the salaries of these wardens, the police department will make a handsome profit too.
The instant e-challan will definitely make these reckless drivers change their ways quite swiftly.