A cross-border motor rally to mark the 150th birth anniversary of Mahatma Gandhi is arriving in Agartala from Bangladesh on Tuesday afternoon. The rally, which got underway at Rajghat in New Delhi on February 4, will culminate on February 24 at Yangon in Myanmar.The Border Security Force (BSF) has made arrangements to support the itinerary of the motorists on the border. The rally entered Bangladesh from Kolkata on Monday, sources in BSF said.“We will facilitate the rally to the Agartala Check Post from Bangladesh. The Ministry of Transport and Highways has organised the rally,” senior BSF official of the Tripura Frontier Arun Kumar Verma told The Hindu.Government officials said the rally would travel 7,250 km before it reaches Yangon. It will cover places historically associated with Mahatma Gandhi, both in India as well as in Bangladesh and Myanmar.Officials said the ultimate aim of the rally is to spread the values of Mahatma Gandhi throughout route of the rally. The Ministry of External Affairs (MEA) is supporting the event.
zoom Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens.The second annual Moore Stephens Shipping Risk Survey revealed a fall in the overall level of satisfaction on the part of respondents that sound risk management had contributed to the success of their organisations. The involvement of senior management in managing risk at the highest level also declined against last year.Respondents to the survey rated the extent to which enterprise and business risk management is contributing to the success of their organisation at an average 6.6, on a scale of 1 (low) to 10 (high), compared to 6.9 last time. Under a quarter of respondents (23%) returned a rating of 8.0, compared to 26% last time, while 70% put the figure at more than 5.0 out of 10.0, as opposed to 74% in 2015.Overall, respondents rated the extent to which enterprise and business risk was being managed effectively by their organisations at 7.0 out of 10.0 (unchanged from last time).Demand trends were deemed by the greatest number of respondents to pose the highest level of risk to their organisation, closely followed by competition, with the cost and availability of finance in third place.“The survey revealed that risk is being managed effectively within a high percentage of those organisations which participated in the survey. It is nonetheless disappointing to find that confidence in the level to which enterprise and business risk management contributes to the success of shipping organisations has fallen slightly in the past 12 months. So, too, has high-level involvement by senior managers,” Michael Simms, Moore Stephens Partner, Shipping & Transport, said.Simms added that the current rating of 7.0 out of 10.0 in respect of the level of effective management of risk at companies which participated in the survey is not too discouraging, however, “it needs to be higher, as does the figure of just over 40% of companies which formally document the management of risk.”