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Breaththrough in malaria control Focus on quality of power - its only around 170-180V When the President was rendered homeless… Quality education through the PPP mode ONGC at KG Basin Tihar, Puzhal not different from Parappana Agrahara Medical costs hit the roof... Why this malaise in medical education? Gay abandon in pricing Recognition to role of NBFCs.... Boy, can you beat these? Moily’s bold thrust A proud Madrasi CII projects higher growth… TN accounts for the largest recruits by the IT sector Lalu’s envy, India’s pride Adapt Vajpayee dinner diplomacy Solar, solar everywhere … L&T: focus on infrastructure and more infrastructure… The why of tax incentives Funding the un-funded Like Hinduism: many paths to reach God... Excel Generators provide the vital back-up Not just in-laws (and outlaws); they’ve renowned academics at the helm! Banning booze... Marketing expert Balagopal is no more Fortune for Indian Airlines Wanted: a second airport for Chennai Naidu’s return augurs well for Seemandhra Revving up the manufacturing sector Build close rapport with business leaders Adharma of opposition politics Bihar elections - the Rajaji formula worked Cutting the nose to spite the face When small is no larger beautiful.. Protest masters... MHC should not return to its old indisciplined ways The sea- saw battle continues... The brown list of Venkitaramanan Godspeed, Chief Minister JJ S V Raju – a ‘good’ true liberal Towards speedy justice Road development slows down Align crops to agro climate endowments… He saved millions from starvation... Noble nonagenarians... No engine for this car Fortune 500 review S Ramanathan – a versatile musician, musicologist For whom the bell tolls? Telangana in top gear… Poor quality of university VCs TN – agglomerate land holdings without alienating ownership No mega rail project for Tamil Nadu Streamlining mandatory third party cover The Ports’ Pasha expands into Tamil Nadu Modi and the lady Valli, they are more marginalised Tax agriculture He continues the focus on social amelioration Music happens CRS, a jewel among managers, is no more. Colour-Chem’s colourful KRVS Inflation: are we emulating Argentina and Brazil? Welcome focus on core competence West Bengal: mindless malignancy Muffled voices for merit… Should we change the official year? …and of a popular trade leader IPL type auction for VCs? Secularism and anti-Hinduism EVM is tamper-proof F C Kohli - his concerns all embracing How Air-India loses customs... Delhi returns to BJP Parliament in paralysis... Waning interest in public discussions… Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Making ‘my Amaravati’... 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Infrastructure funding – lessons learnt Sweet news for TN sugar mills Delhi is distant… Haul over the coal Shaming of Tamils by Tamil farmers at Delhi Kulandai was a giant Sri Lanka votes for change The Gulf aviation boom Delhi is distant Rs.1600 crore paper board plant of TNPL Paytm karo... IPL - no surprise this scam Permanent secretariat for TN GIM Quality silica from Neyveli More Shakti to resource mobilisation... Mu Sigma – is no more A yen for wastage… Wise Presidents Shale gas and its shallow future New IT products of Ramco in the pipeline… Airlines in India: cost and space Remembering Indira Sivasailam... The rise and fall of Annamalai University Welcome thrust on trade in Modi’s foreign visits... Air Asia India will set new benchmarks for budget travel Dr C Rangarajan returns to Chennai Tough task taking states together Naidu will soon build a new Hyderabad Computation of GDP – conundrums continue Come elections, come advertisements... Which side are you, Montek? Cement prices continue to rise… Cleaning Ganga – relocate tanneries and install electric crematoria Tribute The ‘Ayyo-yes’ is no more SoA @ 80 GM Technology at last! Online not in line with brick and mortar businesses... Robber barons everywhere Put expensive assets created to use... When online building permits work…. Bihar – Nitish Kumar adopts the Lalu model IAS invades NDDB... A Grand Finale for SN’s MS centenary at the US… Don’t seem to feel the pulse… When Ratan Tata visited SRM An informal presentation - analytical, forward locking... The few handicaps... Things happen by accident and not by design... R Sridhar steps down as CEO of Shriram Capital TGS- The king storyteller Russi Mody – a tribute Sweeter prospects for sugar Tribute – M V Murugappan More tributes to GR Make standards certification mandatory... Gas is the way forward London, London Narayan Strengthen the base... The Jan Dhan bonanza The star of Spencers is no more PC’s preference for professionals WTO Meet: resolved to meet again PPP mode for upgrading Corporation Hospitals A welcome initiative by the judiciary Shanti and Sadhana through Music Tatas moving out of urea production... The rise and rise of KCP Maximising the micro pricing … Measuring roof tops in terms of KW/MW Fall in crude prices help in oil sector reform More Shakthi to Das’ elbow Whistle-Stop Tour of Raghuram Rajan Tribute – UCAL Selvan… Vibrant Gujarat This scant respect for Law Demise of a media baron... No Maha Koottani in TN... Rahman at CIC Auto components surge… Revive development banks... Building loyalty through the stomach Welcome changes that testify to Jayalalithaa’s return to health Lesson from Chandrababu Naidu The balancing act A Grand Finale for SN’s MS centenary at the US… Poor representation for Kerala and TN in Cabinet Where is Rajaji? A C Muthiah – his munificent bequeaths to science Alexa – Talking Wikipedia Another Indian music maestro at the UN A more liberated TN…
 
Streamlining mandatory third party cover

Even as I commend Nitin Gadkari for his initiative to streamline the issue of driving licences, I suggest his looking into a related area: the gross violation and indifference of owners of motor vehicles to take the mandatory insurance policies for third party cover. The violation extends to over 70 per cent in the case of two-wheelers and 50 per cent for cars and commercial vehicles.

This arises from two factors: one, the task of detecting such violations is with the state government through their RTOs and police departments. These have not been able to cope with the enormous increase in work, attending to the various aspects of administering and regulating road transport. Secondly, they have not had their records automated. Earlier, it was possible to attend to this at the time of payment of annual road taxes. But when the state governments changed this to collect road taxes on life time basis of ten years, enforcing of third party cover could not be made annually.

Insurance companies do have such records at least in regard to new vehicles sold over the last decade or so when the IT sector has evolved. But these have also been disparate companies not working in any coordinated manner. IRDA has been focusing on data collection in recent years.

The problem, however, relates to the coordination between the Centre and the states. Working in unison will help keep track of non-renewal of third party insurance policies.

A recent effort is to increase the duration of third party insurance to three years for two-wheelers. Doing this for cars and commercial vehicles is resisted on grounds of the higher sums involved. But if a substantially large volume of vehicles could be brought under mandatory third party insurance, there is scope for reducing the premium substantially. Such a system will also help insurance companies to reduce the humongous losses they have been suffering on motor vehicle insurance. For years, general insurance companies have been bleeding on account of the losses suffered on motor vehicle portfolio, despite the regular increase in tariff.

A solution can be found in permitting large private companies involved in the automobile sector to join hands with the government. In this, insurance companies and IT companies could be involved. The PPP mode can help attend to this issue of considerable importance in quick time. Nitin Gadkari, who has breathed fresh air in regard to the issue of driving licences and who has suggested the closing down of the inefficient RTOs, should focus on this area as well.

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