Canada – Increase in the maximum amount of compensation the Agency can award for accessibility-related complaints

Since January 1st 2022, the maximum compensation for accessibility-related complaints has increased to $20,536.81.

January 20 2022 – Gatineau, QC – Canadian Transportation Agency

Since January 1st 2022, the maximum compensation for accessibility-related complaints has increased to $20,536.81.

In the context of an accessibility complaint, the Canadian Transportation Agency (CTA) may award compensation for pain and suffering and compensation if an undue barrier or contravention of an accessibility-related regulation is the result of a willful or reckless practice.

The Canada Transportation Act sets the maximum amount for each of these types of compensation at $20,000 and requires the CTA to adjust it for inflation every year.

In a determination issued on December 24, 2021, the CTA calculated the adjusted amount as being $20,536.81 for the year 2022.

For more information on the Agency’s regulations, guidance and guidelines for accessible transportation in Canada, visit our web page on Accessible Transportation.

About the Agency
The Canadian Transportation Agency is an independent, quasi-judicial tribunal and regulator that has, with respect to all matters necessary for the exercise of its jurisdiction, all the powers of a superior court. The CTA has three core mandates: helping to keep the national transportation system running efficiently and smoothly, protecting the fundamental right of persons with disabilities to accessible transportation services, and providing consumer protection for air passengers. To help advance these mandates, the CTA makes and enforces ground rules that establish the rights and responsibilities of transportation service providers and users and level the playing field among competitors, resolves disputes using a range of tools from facilitation and mediation to arbitration and adjudication, and ensures that transportation providers and users are aware of their rights and responsibilities and how the CTA can help them.

Contacts
Canadian Transportation Agency

Media Relations

media@otc-cta.gc.ca

Tel.: 819-934-3448

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Significant increase in user fee collection throughout the country after declaration of all lanes of fee plazas on National Highways as “FASTag lane of the fee plaza”


There has been significant increase in user fee collection throughout the country after declaration of all lanes of fee plazas on National Highways as “FASTag lane of the fee plaza” w.e.f. midnight of 15th/16th February 2021.


The fee collection from 15th February to 28th February 2021 was Rs 104 Crore per day approximately as compared to Rs. 80 Crore per day approximately in the month of February, 2020.


This information was given by Union Minister for Road Transport and Highways Shri Nitin Gadkari in a written reply in Rajya Sabha today.




MJPS




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PFC witnesses 28% increase in consolidated Profit After Tax from Quarter 1’ 2021

Power Finance Corporation Ltd,  an Indian financial institution under the ownership of Ministry of Power has witnessed 34% increase in Standalone Profit After Tax from Q1’21. Following are the highlights of the first quarter result of 2021:

  • Standalone
  • 34% increase in Standalone Profit After Tax from Q1’21- PAT at Rs. 2,274 cr. for Q1’22 vs. Rs.1,700 cr. for Q1’21.
  • 15% increase in Net Interest Income from Q1’21-Net Interest Income at Rs. 3,525cr. for Q1’22 vs.Rs.3,073cr. in Q1’21
  • Interim Dividend of Rs.2.25 declared per share.
  • Aided by profit growth, PFC’s net worth for Q1’22 is up by 17% to Rs.54,739 cr. from Rs. 46,940 cr. in Q1’21.
  • The Capital Adequacy Ratio of the Company has crossed 20% – CRAR of 21.16% as on 30.06.2021. The capital adequacy is at a comfortable levelwith sufficient cushion over & above the prescribed regulatory limits.
  • With the objective to fortify the balance, provisioning coverage on Stage III (NPA) Assets enhanced to 65%. This has resulted in lowest Net NPA levels of 2% in the past 3 years.
  • Revamped Distribution Sector Scheme with an outlay of Rs.3,03,758 crore provide significant business opportunity to PFC going forward. PFC along with our subsidiary REC have been designated as nodal agencies for facilitating implementation of the Scheme.
  • Consolidated
  • 28% increase in consolidated Profit After Tax from Q1’21- PAT at Rs. 4,555 cr. for Q1’22 vs. Rs.3,557cr. forQ1’21
  • 12% increase in Consolidated Revenue from Operations from Q1’21 – Consolidated Revenues at Rs. 18,965 cr. for Q1’22  vs. Rs.16,914 cr. for Q1’21.
  • Loan Asset book grows at 9.5% – Loan asset book for Q1’22 at Rs.Rs.7,49,373cr. vs. Rs.6,84,383 cr. in Q1’21.
  • Reduction in consolidated net NPA ratio to 1.80% in Q1’22 from 3.15% in Q1’21due to resolution of stressed assets.
  • Liquidity support to Discoms under Aatma Nirbhar Bharat Abhiyaan
  • Under the AatmaNirbharDiscoms liquidity support announced by the GOI, PFC & its subsidiary REC combined togetherhave so far sanctioned Rs.1,35,537 cr. and disbursed Rs.79,678 cr.

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MV/IG

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49% increase in Wheat procurement for ongoing RMS 2021-22 in comparison to corresponding period of last year

Procurement of Wheat in ongoing RMS2021-22 is continuing smoothly in the procuring States of Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Rajasthan,Uttarakhand, Chandigarh, Himachal Pradesh, Delhi, Gujarat, Jammu & Kashmir and Bihar at MSP, as was done in previous seasons, and till now (upto 06.05.2021) a quantity of over 323.67 LMT of Wheat has been procured against the last year corresponding purchase of 216.01 LMT. About32.21Lakh farmers have already been benefitted from the ongoing RMS procurement operations with MSP value of Rs. 63,924.56Crore.

Paddy procurement in the ongoing seasonKharif 2020-21 is continuing smoothly in the procuring States with purchase of over 727.41 LMTs of paddy  (includes Kharif Crop 705.37LMT and Rabi Crop 22.04LMT)upto06.05.2021against the last year corresponding purchase of 671.71 LMT. About 109.09 Lakh farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs. 1,37,334.89Crore.

Further, based on the proposal from the States, approval was accorded for procurement of 107.31 LMT of Pulse and Oilseeds of Kharif Marketing Season 2020-21 & Rabi Marketing Season 2021 for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, Madhya Pradesh, Uttar Pradesh, Odisha, Rajasthan and Andhra Pradesh under Price Support Scheme (PSS).  The sanction for procurement of 1.74 LMT of Copra (the perennial crop) for the States of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala was also given. For other States/UTs approval will also be accorded on receipt of proposals for procurement of Pulses, Oilseeds and Copra under PSS so that procurement of FAQ grade of these crops can be made at notified MSP for the year 2020-21 directly from the registered farmers, if the market rate goes below MSP during the notified harvesting period in the respective States/UTs by the Central Nodal Agencies through State nominated procuring agencies.

Upto 06.05.2021, the Government through its Nodal Agencies has procured 6,41,251.32 MT of Moong, Urad, Tur, Gram, Masoor, Groundnut Pods, Mustard Seed and Soyabean having MSP value of Rs. 3,358.97 Crores benefitting 3,98,877 farmers in Tamil Nadu, Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, Telangana, Haryana and Rajasthan under Kharif 2020-21 & Rabi 2021.

Similarly, 5089 MT of copra (the perennial crop) having MSP value of Rs.52.40 crore has been procured benefitting 3961 farmers in Karnataka and Tamil Nadu upto 06.05.2021. The respective State/UTs Governments are making necessary arrangements for commencement of procurement from the date as decided by the respective States based on the arrivals of Pulses and Oilseeds.

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DJN/MS

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