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REVIEWING THE AIRCRAFT AMENDMENT BILL,2020

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On February 4 2020 the Minister of Civil Aviation Shri Hardeep Singh Puri. The bill aims at amending the Aircraft Act, 1934.

Aircraft Act, 1934
The Aircraft Act, 1934 came into effect for providing better provisions for the control of the manufacture, possession, use, operation, sale, import, and export of aircraft.
After the Act’s enaction the act had been extended to the new provinces and merged states as per the guidelines of the Merged States (LAWS), Act 1949 (59 of 349), S.3 (1-1-1950) and to the Union territories of Manipur, Tripura and Vindhya Pradesh by the Union Territories (Laws) Act, 1950 (30 of 1950), S.3 (16-4-1950). Vindhya Pradesh now forms part of M.P. State Act 37 of 1956, S.9(1) (e) (1-1-1956), Manipur and Tripura are new States; See Act 81 of 1971, S.3(21-1-1972).
Aircraft Amendment Bill, 2020
After the Civil Aviation Minister Hardeep Singh Puri proposed the bill on February 4 the bill was passed by the Lok Sabha on March 17, was also passed by the Rajya Sabha by the means of a voice vote.

Provisions of the Bill:

The Bill amends the Aircraft Act,1934 the bill regulates the manufacture, possession, use, operation, sale, import, and export of civil aircraft and licensing of aerodromes.
The Bill will provide statuary power to the regulatory institutions of Civil Aviation like the Directorate General of Civil Aviation (DGCA), the Bureau of Civil Aviation Security (BCAS), and the Aircraft Accident Investigation Bureau (AAIB).

The Civil Aviation Minister quoted “the amendment was necessary for light of the recent growth of the civil aviation sector,
DGCA: The bill entitles the DGCA to act as a watchdog. The DGCA will foresee the regulatory functions as mentioned in the bill for the growth of the civil aviation sector. The DGCA can levy up to Rs 1crore as a penalty on airlines, airports, and other key aviation entities.
BCAS: The BCAS will be carrying out regulatory and oversight functions on civil aviation security.
AAIB: To carry out investigation related to aircraft accidents and incidents.
Reasons behind the Amendment
The statuary power that the Bill provides to the civil aviation institutions is likely to help the civil aviation sector to improve India’s safety aviation rankings as recommended by the International Civil Aviation Organization (ICAO).
The bill intends to increase the fine amount for any violation of rules from RS 10 lakh to Rs 1 Crore for aviation sector stakeholders.
Under the Bill, the central government may cancel the licenses, certificates, or approvals granted to a person under the Act if the person contravenes any provision of the Act.

Exemptions
The aircrafts belonging to the navy, military, and air force of the Republic of India will be exempted from the bill
The extension of the exemption will also be extended to the other armed forces other than these three.
Challenges

The Disinvestment by the government from Air India has resulted in the firm incurring heavy losses (26 crores per day) the pandemic is expected to further increase the number of losses
According to recent data, there has been a rise in the number of near-miss incidents in the airspace, near miss is a close call that has the potential to cause great injury to humans or the environment but does not occur,
The aviation sector faces shortages of Air Traffic Controllers (ATC)
Because of the COVID- 19 pandemics there has been an increase in the drop in demand which has compelled the airlines and its stakeholders to face financial crisis.

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INDIA AT 75 YEARS OF IT’S INDEPENDENCE

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Vande Matram. That is what we Indians proudly believe in. As the nation celebrates it’s 75th independence today tomorrow we cannot forget the golden and glorious history we have. When the Indian Prime Minister Mr. Narendra Modi will hoist the tri-colour from the ramparts of the Red Fort then India will enter in the 76th year of its independence. Everyone waits for this day and we cannot forget the unsung heroes without which we could not have been here. Right from Rajguru, Tatya Tope, Lal, Bal, Pal, Bapu, Rani Laxmi Bai, Mangal Pandey, Subhash Chandra bose etc. we cannot forget them. Our nation is forever indebted to them. We as a nation have come a long way and a we need to progress a lot more.

Late PM Jawahar Lal Nehru, had talked about “Tryst with Destiny”. Today our nation is carrying that weight on their soldiers. Be it a sportsperson winning a medal in the olympics or a naval officer storming in the ocean, all of them are serving the nation. We are the nation that has never invaded any country in her last 100000 years of history. We feel proud because of that. In 2022 ISRO willattempt to send their cosmonauts to the moon. This is the India that our forefathers had mentioned. We feel blessed to be born in this sovereign, socialist, republic.

We proudly call India our home. Today’s India is like this:-
● India has the largest number of Post Offices in the world.
● The largest employer in India is the Indian Railways, employing over a million people.
● The world’s first university was established in Takshila in 700 BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4th century was one of the greatest achievements of ancient India in the field of education.
● Ayurveda is the earliest school of medicine known to mankind. The Father of Medicine, Charaka, consolidated Ayurveda 2500 years ago. ● India was one of the richest countries till the time of British rule in the early 17th Century. Christopher Columbus, attracted by India’s wealth, had come looking for a sea route to India when he discovered America by mistake.

There are countless facts about India that will make us outshine other nations. We still have a long way to go. With us being still a farming nation we need to progress a lot. Our politicians are trying to divert us a lot. We need to look at the core issues. As a nation in 2020 do we need caste based politics or we want to progress. Why do we have to talk about roti, kapda, makan? Still A huge part of Indian population i.e. 190 million people sleep without food daily. This is the future we want to give or do we want something different.

The glorious aspects are there in a sense that we feel safe and secure. Cricket, football, our languages and culture are the things that bind us. We want affordable education for everyone. We want that farmers do not commit suicide. We should have the world class infrastructure. We as a nation are progressing in that sense. We will complete some major highways network by 2025. Our industries are flourishing.

We need better educational policies. We still are debating about temples and religions. Our constitution right from 26 November, 1949 promotes universal brotherhood and fraternity. Our country craves for such good things. The places where we need to come together and show to the world that yes Indians are a force to reckon with.

We need to start talking about better environmental policies, removal of the VIP culture, better education. Our tryst with destiny will actually happen if we start acting and never stop. Once an Indian forever an India. Jai Hind.

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Crude oil price in India

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Today, the world is suffering from many unexpected problems. These problems includes corona virus pandemic, poverty, voilence in many subjects and rise in prices in almost every item.
These problems got a boost after this corona virus pandemic. Providing essential items to everyone according to their needs have been one of the major problem. Almost every country is having such issues, that too due to the unexpected Covid-19 pandemic.

Presently, Farmer protests, violence, rise in prices, Covid19 vaccination for all on time, rape issues and political games are the topics which are trending in India.
In India too the prices are touching its brim. The rise in costs in food, commodities, jewellery, fuel, automobiles etc have become a greater problem. To provide everything for everyone with less issues is a need.
The petrol and diesel prices have been increasing day by day. Retail price of automobile fuels have reached heights across the country. Petrol and diesel are taxed heavily in India and that’s why the consumer benefits have been decreased.
Low class families are getting benifits by the government, high class families already have enough salaries to spend freely and according to their needs.
For middle class families, the problems are like hell. No benifits, almost nothing for the middle class. Only low class are under the eyes of government but middle class are just ignored every time. Middle class are also like the low class but just a bit heigher than low class and so less than the upper class. This class is in the middle so no-one remember to provide special highlights to them. Pressure over the middle class to do everything on their own without any benifits or schemes from anyone, under huge loss.
Diesel and petrol prices have hit high records across the country with petrol touching Rs 89 per litre in Delhi and diesel reaching a new high of Rs 86.30 per litre in Mumbai. Petrol prices are revised by the oil marketing companies like Indian Oil, Bharat Petroleum, Hindustan Petroleum etc. based on the international prices. So, when international crude oil prices gain, petrol prices in India increases and so on. If crude oil prices in the international markets drops, we see a down fall in daily petrol prices in India.

Factors affecting Today’s Petrol Prices In India
The difference in the prices of crude oil in the international market directly influences the price of crude oil (raw form of oil) in the domestic market and this is one of the most important factor responsible for an increase in the petrol prices in Indian market. Increase in international demand as well as low production rate and any political no rest in the crude oil producing countries of the world severely affects petrol price.

Increase in Demand – Economic growth in India and other developing countries has also led to the increase in demand for the petrol and other essential fuels in India. The number of people who own private vehicles has gone up in the recent past which has contributed to the increase in demand for petrol in India this has resulted in the rise in petrol prices in India.

Logistics – Logistics is one of the significant factors in pricing retail fuel. Petrol and diesel transported to longer distances to cities or regions farther from depots will be priced higher than the places nearer to the oil companies storage area. The reason behind the change in the prices of petrol in different cities across India. This difference may be huge between cities that are far from each other. The fear linked to the rise of petrol prices in India might be never ending.

Mismatch of Demand and Provided quantity – Oil refinery companies in India faces problem to meet the demands of the market due to the high cost of input price of crude oil thus resulting in low supply and high demand for petrol in the country. An increase in supply results in a decrease in the price of the petrol and vice versa. Oil refining and marketing companies maintains crude oil inventory up to six weeks, which also influences the price of the petrol and petroleum products.

Rate of Taxes – The prices of petrol and other petroleum products varies according to the local government policies which impose taxes on fuels. As and when the government of India raises tax rates on fuels then oil companies in India also increase the price of the petrol to recover the loss and maintain marginal profits in the oil business in India.

Rupee – Dollar Exchange Rates – The rupee-dollar exchange rate is also one of the major factors which influences the price of petrol in India. Indian oil companies pay to the oil imported from other countries in terms of dollars, but their costs are regarding rupee. So, when the price of the crude oil is in the fall but the rupee is also weaker against the dollar then it will reduce the profits to the oil refiners. So, when the rupee strengthens against the dollar and the price of the crude oil faces down fall, then most of the oil companies tend to gain alot.

Apart from this, the continued commitment of the producers to supply, amidst muted fuel demand has helped the fuel prices to scale up. The Organization of the Petroleum Exporting Countries (OPEC) and its member partner have their support for deeper oil supply cuts throughout 2021. The move was made to help bring down the swollen global crude stockpiles are increasing despite feeble oil demand.
Meanwhile, the demand in china for crude oil is helping to support the oil markets as shown by the industrial track.

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