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Do you know India has got its first woman director general of civil aviation (DGCA). The government has appointed M Sathiyavathy, 1982 batch UT cadre IAS officer, as the DG till January 28, 2017.

Sathiyavathy , who is currently additional secretary and financial advisor in the aviation ministry and has a clean image, may , however, remain DG only for a few months as she is going to be empanelled as secretary later this year. “Sathiyavathy will not hold additional charge as DGCA. She will be full time DG till she is appointed as secretary,“ said an official.

Sathiyavathy will replace Prabhat Kumar, who has completed his central deputation and will go back to parent UP cadre. The first challenge Sathiyavathy will face is of taking Indian aviation safety ranking back to its lost top billing. The US Federal Avia tion Administration had last January downgraded the DGCA due to poor regulatory oversight.

After this first-ever downgrade on Friday , India is now among the 11 category II countries with weak aviation regulatory agencies that include Bangladesh, Barbados, Ghana, Nicaragua and a Caribbean island nation of 37,000 people, Sint Maarten.What's worse, the FAA downgrade means other countries may also express doubts at Indian carriers' safety record and insist on coming here for checks. The FAA has last month reviewed the progress made in strengthening the aviation safety oversight and is expected to decide on India's safety ranking by mid-February .

Sathiyavathy's first task as DGCA will be taking India's aviation safety oversight back to its top ranking.

A K Mittal is railway board chairman
A K Mittal has been appointed new chairman, railways board. He emerged on top superseding V K Gupta, member (engg) who was eyeing the highest post in railways.Sources said that the selection was made on the basis of criteria of efficiency and probity.In a rare exercise, railways made a record 11 appointments including chairman of railway board and eight general managers in a day.
What Blockchain and Bitcoin Mean for the Protection Business You may have heard the expressions "blockchain" or "Bitcoin" utilized as a part of tech hovers in the course of recent years. These ideas, alongside intense utilize cases, are changing how we consider money, exchanges and contracts.

Simultaneously, they're likewise changing how we consider the protection business. These progressions will affect protection bearers and operators, and how protection is purchased and sold. That implies understanding blockchain and Bitcoin is essential in case you're hoping to win in the cutting edge protection industry. This post has you secured. It gives meanings of blockchain and Bitcoin, at that point separates why this data is critical to protection industry experts. 


In their book Blockchain Upheaval, Wear and Alex Tapscott clarify that blockchain is "the brilliantly straightforward, progressive convention that enables exchanges to be at the same time mysterious and secure by keeping up a sealed open record of significant worth." The blockchain is intended to store exchange records ("obstructs") in numerous spots, connected to each other (henceforth the "chain" some portion of the name) and straightforward to any client who wishes to see them. Critically, this record can't be changed, so anybody can see a typical and exact rundown of authentic exchanges. Bitcoin is a kind of computerized money that utilization's blockchain innovation. It's not by any means the only one that utilization blockchain, yet is one of the more prevalent alternatives available. Despite the fact that bitcoin is the most famous cryptographic money upheld by blockchain innovation, other advanced monetary forms, for example, ether and litecoin—utilize blockchain innovation too. All bitcoin exchanges are recorded in a decentralized open record that can't be adjusted. In principle, this is something worth being thankful for on the grounds that it makes trust among all gatherings of the exchange and gives an unmistakable trail of procurement that avoids fake exchanges. This is one manner by which blockchain can possibly change exchanges. However, remember that blockchain does not need to be money related. 

Ramifications OF BLOCKCHAIN AND BITCOIN FOR THE Protection Business Blockchain applications like cryptocurency, shrewd contracts and decentralized models for protection will change how protection is appropriated. What's more, when you change how protection is disseminated, you significantly modify how existing players profit and test business as usual. Insurance agencies could utilize the blockchain to make a disseminated record that cultivates straightforwardness, successfully tracks cases and exchange history, and gives perceivability into the authenticity of a claim. Brilliant contracts based on the blockchain can balance deceitful claims by recording exchange history on people in general system, which would dismiss different cases for a similar occasion. This could spare the business billions and open up gigantic chances to make huge measures of significant worth for buyers. Cryptocurriencies can make trust amongst safety net providers and their clients could make trust. For example, INGUARD was the principal insurance agency to acknowledge bitcoin installments. We did this since it was the correct activity for our well informed clients—a state of mind very rare in the protection business today. Consider: 40% of protection premiums turn over every year—and 66% of buyers would purchase protection on the web in the event that they could. 

What's more, and, after its all said and done, they're scarcely happy with back up plan sites. Shoppers don't confide in their safety net providers to put their best advantages on the most fundamental level or execute in a reasonable, break even with way. Bitcoin and blockchain innovation, as we would see it, are devices that can possibly carefully ensure customers, as well as reestablish assume that their needs are being met. Innovation appropriation in the protection business ought to dependably make more an incentive for shoppers. It should expel contact from the purchasing procedure and empower a superior client encounter. What's more, its adequacy ought to be estimated by consumer loyalty, not the amount PR or advertising duplicate another framework creates. That doesn't generally happen. In any case, with the focal points blockchain innovation gives, that could begin to change. Also, that will be advance in reality.