Wednesday, 30 October 2013
Volvo bus catches fire leads to 45 death
Bangalore: Swedish transport vehicle major AB Volvo has offered to help state agencies investigating the fiery mishap involving a luxury bus of its make in Andhra Pradesh Wednesday in which 45 passengers were burnt to death.
"A team from our company will visit the accident spot to gather facts. We will offer full cooperation to the authorities and agencies investigating the mishap," Volvo's Indian subsidiary said in a statement here.
The luxury coach, built by the city-based subsidiary, was being operated by leading private transport carrier Jabbar Travels from Bangalore to Hyderabad, about 600 km away, through National Highway 7.
The accident took place involving a Volvo intercity coach at Kothakota in Mahabubnagar district, about 130 km from Hyderabad, at around 5.20 am. Seven passengers, including the driver and a cleaner, managed to escape. They were shifted to a hospital.
The Volvo bus was carrying 49 passengers. The passengers were asleep when the bus hit the culvert and its diesel tank burst. People from nearby village said the bus was reduced to ashes within few minutes. The victims were charred beyond recognition.
Meanwhile, Karnataka Chief Minister Siddaramaiah expressed shock over the ghastly disaster and mourned the victims, offering his condolences to the bereaved families.
"I have directed the Raichur deputy commissioner to help the victims' relatives to transport their bodies to Bangalore and offered to provide relief to them," Siddaramaiah said in a statement.
Raichur, about 500 km from Bangalore, is the border district across Mahabubnagar in the northern region of the state.
Heart-rending scenes were witnessed at the homes of some of the victims here as nearly 30 of the passengers boarded the bus late Tuesday from the transport firm's office in the city centre.
One of the victims, Venkatesh Yadav, was president of the Chiranjeevi Fans' Association in Bangalore, formed by ardent admirers of former Telugu mega star and union tourism minister.
Yadav was travelling to Hyderabad with his sister Anita, who too perished in the bus fire.
Tuesday, 29 October 2013
Monday, 28 October 2013
New bank licences will be issued by January 2014
RBI Governer- Raghuram Rajan Established a committee to watch over the issues relating to new bank licences headed by Bimal Jalan.
The other 3 members are Usha thorat(RBI deputy Governer); C.B.Bhave(Former SEBI Chairmen) ; Nachiket Mor(ICICI bank Official).
Eligibility to open a new bank is 500cr. capital fund,10yr service in financial sector.
NP
Saturday, 26 October 2013
Financial Affairs
India's foreign exchange reserves(forex)increased by $1.88 billion to $ 281.12 billion in the week ended October 18. The Gold reserves remained unchanged at $21.76 billions.
My dairy Today 26-10-2013
I made an earnest attempt to clear IBPS PO III exam. The paper was lengthy & time consuming...........not satisfied with the exam.
Thursday, 24 October 2013
Useful Facts
hai friends,
I would like to share one imp information with you regarding INSURANCE SCHEMES.
Dec 31' 2013 is the last date to revise all insurance companies life insurance products. From January 1st 2014 Insurance Policy Premiums charges are increasing by adding additional service tax as per IRDA guidelines(Insurance Regulatory Authority Company).
So, make a surge for opening Insurance policy.
Thank You,
Regards:
NARENDRA P
SBI LIFE
Financial Affairs
Prime Minister Economic Advisory Council Chairmen- C.Rangarajan exploited about Growth rate of INDIA.
"IMF & WORLD BANK(WB) are unduly pessimistic about growth rate, we think the growth rate will be 5-5.5% said on Global Conference on financial inclusion and payment systems."
IMF & WB projected the growth rate 3.75% based on market prices for INDIA in 2013-2014
Gud Mrning Friends
Fcaebook Chief MARK ZUCKERBERG set a new record for corporate compensation in 2012 with a package worth about $2.3billions
Monday, 21 October 2013
Teach for India Fellowship 2014-2016
Any Graduate eligible for a 2 year paid fellowship, placed as full time teachers in under resourced and low-income schools.
salary 17500 per month + Housing allowance
Deadline: October 23,2013
www.teachforindia.org
Not a healthy option to migrate, labourers feel
M. Sai Gopal
Imagine the plight of a migratory worker, with no health insurance to fall back on, in the capital when he is told by
doctors that he has to undergo a heart surgery. This happened to Ramakanth Swain, a migrant worker from Odisha,
who was struggling with breathlessness and stiffness of the chest.
The labourer was stunned when doctors revealed that at private hospitals, the surgery would cost more than Rs. 1
lakh, and that at government hospitals, the expense would be anywhere between Rs. 50,000 and Rs. 60,000. “The
patient was lucky because we met a philanthropist who was willing to donate Rs. 50,000 to purchase the stent. It is
difficult to arrange funds for everyone like this,” confess heart surgeons from Gandhi Hospital who took up the
surgery.
Migrant workers like Ramakanth, who have come to the city from States like Odisha and Bihar for livelihood, find
themselves in a tough state if any of them falls sick and needs expensive treatment. With none of them covered under
the ‘Arogyasri’ insurance scheme, they either return to their native towns or approach private lenders for loans.
Doctors at Gandhi Hospital and Osmania General Hospital point out that they are not able to treat several such
patients, mostly migrant workers, who need costly procedures like stent implants for heart blocks or implants for bone
fractures owing to lack of funds. There is a need to revive the State Illness Assistance Funds (SIAF), designed specially
for such patients,” is the stock refrain from doctors.
For such patients, the Central government had set up the Rashtriya Arogya Nidhi (RAN) to offer financial support. To
access RAN funds, the health authorities had set up SIAF. However, the tardy implementation of the scheme resulted
in no-use of funds allocated under the RAN scheme.
Under the scheme, the Central government will deposit 50 per cent of the amount deposited by the State government,
and a maximum of Rs. 5 crore can be allocated to SIAF. Persons familiar with the issue said that every year, close to
Rs. 6 crore worth funds meant for treatment of patients not covered under Arogyasri are left unused. “There is a need
to utilize the funds for migrant workers who do not have insurance,” doctors point out.
Sunday, 6 October 2013
Saturday, 5 October 2013
Friday, 4 October 2013
Thursday, 3 October 2013
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