The TRAI, IRDA, Ministry of Civil aviation & NHAI

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    The Telecom Regulatory Authority of India Act, 1997, as amended vide the Telecom

    Regulatory Authority of India (Amendment) Act, 2000, specifies that the Authority shall consist

    of a Chairperson and not more than two whole-time Members and not more than two part-

    time Members.

    TRAI's mission is to create and nurture conditions for growth of telecommunications in the

    country in a manner and at a pace which will enable India to play a leading role in emerging

    global information society.

    One of the main objectives of TRAI is to provide a fair and transparent policy environment

    which promotes a level playing field and facilitates fair competition.

    In pursuance of above objective TRAI has issued from time to time a large number of

    regulations, orders and directives to deal with issues coming before it and provided the

    required direction to the evolution of Indian telecom market from a Government ownedmonopoly to a multi operator multi service open competitive market.

    The directions, orders and regulations issued cover a wide range of subjects including tariff,

    interconnection and quality of service as well as governance of the Authority.

    Insurance regulatory and development authority

    Composition of Authority under IRDA Act, 1999

    As per the section 4 of IRDA Act' 1999, Insurance Regulatory and Development Authority

    (IRDA, which was constituted by an act of parliament) specify the composition of Authority

    The Authority is a ten member team consisting of

    (a) a Chairman;

    (b) five whole-time members;

    (c) four part-time members,

    (all appointed by the Government of India)

    Duties,Powers and Functions of IRDA

    Section 14 of IRDA Act, 1999 laysdown the duties,powers and functions of IRDA..(1)

    Subject to the provisions of this Act and any other law for the time being in force, the Authority

    shall have the duty to regulate, promote and ensure orderly growth of the insurance business

    and re-insurance business.(2) Without prejudice to the generality of the provisions contained in sub-section (1), the

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    powers and functions of the Authority shall include, -

    (a) issue to the applicant a certificate of registration, renew, modify, withdraw, suspend or

    cancel such registration;

    (b) protection of the interests of the policy holders in matters concerning assigning of

    policy, nomination by policy holders, insurable interest, settlement of insurance claim,

    surrender value of policy and other terms and conditions of contracts of insurance;

    (c) specifying requisite qualifications, code of conduct and practical training for intermediary

    or insurance intermediaries and agents;

    (d) specifying the code of conduct for surveyors and loss assessors;

    (e) promoting efficiency in the conduct of insurance business;

    (f) promoting and regulating professional organisations connected with the insurance and

    re-insurance business;

    (g) levying fees and other charges for carrying out the purposes of this Act;

    (h) calling for information from, undertaking inspection of, conducting enquiries and

    investigations including audit of the insurers, intermediaries, insurance intermediaries and

    other organisations connected with the insurance business;(i) control and regulation of the rates, advantages, terms and conditions that may be offered

    by insurers in respect of general insurance business not so controlled and regulated by the

    Tariff Advisory Committee under section 64U of the Insurance Act, 1938 (4 of 1938);

    (j) specifying the form and manner in which books of account shall be maintained and

    statement of accounts shall be rendered by insurers and other insurance intermediaries;

    (k) regulating investment of funds by insurance companies;

    (l) regulating maintenance of margin of solvency;

    (m) adjudication of disputes between insurers and intermediaries or insurance

    intermediaries;

    (n) supervising the functioning of the Tariff Advisory Committee;(o) specifying the percentage of premium income of the insurer to finance schemes for

    promoting and regulating professional organisations referred to in clause (f);

    (p) specifying the percentage of life insurance business and general insurance business to

    be undertaken by the insurer in the rural or social sector; and

    (q) exercising such other powers as may be prescribed

    3.ministry of civil aviation

    ORGANISATIONAL SETUP

    Ministry of Civil Aviation, located at Rajiv Gandhi Bhavan, Safdarjung Airport, New Delhi

    110003, India, is the nodal Ministry responsible for the formulation of national policies and

    programmes for development and regulation of Civil Aviation and for devising and

    implementing schemes for the orderly growth and expansion of civil air transport. Its functions

    also extend to overseeing airport facilities, air traffic services and carriage of passengers and

    goods by air. The Ministry also administers implementation of the Aircraft Act, 1934 and is

    administratively responsible for the Commission of Railways Safety, a statutory body set up

    under The Indian Railways Act.

    Composition of the Ministry

    The Secretary is the head of the Ministry and is assisted by one Additional Secretary &Financial Adviser, three Joint Secretaries, seven officers of the level of Director / Deputy

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    Secretary / Financial Controller and ten officers of the level of Under Secretary. Functions of

    the Ministry are distributed under sixteen Sections and one Pay & Account Office. In addition

    to framing policies, the Ministry provides guidance to the organisations listed above in the

    implementation of policy guidelines and also monitors and evaluates their interface with

    Parliament and other statutory bodies. It also supervises implementation by the organisations

    of special programmes of Government, particularly those intended for weaker sections.

    NATIONAL HIGHWAY AUTHORITY

    The National Highways Authority of India was constituted by an act of Parliament, the

    National Highways Authority of India Act,1988. It is responsible for the development,

    maintenance and management of National Highways entrusted to it and for matters

    connected or incidental thereto. The Authority was operationalised in Feb, 1995.

    National Highways Authority of India (NHAI) is mandated to implement National Highways

    Development Project (NHDP) which is

    India 's Largest ever highways project

    World class roads with uninterrupted traffic flow

    The National Highways have a total length of 66,590 km to serve as the arterial network of the

    country. The development of National Highways is the responsibility of the Government of

    India. The Government of India has launched major initiatives to upgrade and strengthen

    National Highways through various phases of National Highways Development project

    (NHDP)