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Nepal: Yeti Airlines Crashed Aircraft Black Box Recovered

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The black box of the Yeti Airlines aircraft, which crashed a day ago with 72 people on board has been recovered, Nepal airport authorities said on Monday

Kathmandu [Nepal]: The black box of the Yeti Airlines aircraft, which crashed a day ago with 72 people on board has been recovered, Nepal airport authorities said on Monday.

The twin-engine ATR 72 aircraft from Kathmandu crashed in Pokhara minutes before landing on Sunday. A total of 68 bodies have been recovered so far from the site of the crash. โ€œThe black box of the crashed plane has been foundโ€, Kathmandu airport official Sher Bahadur Thakur told ANI.

A black box is a flight data recorder that records all flight information through a special algorithm.
Meanwhile, search and rescue operations at the crash site resumed this morning.

Rescue operations resumed this morning to trace four people who are still missing, DIG of the Nepal Armed Police Force, Shambhu Subedi told ANI.
The aircraft with 68 passengers, including five Indians, and four crew members on board crashed in Nepalโ€™s Pokhara on Sunday.

Also, Read: Total Number Of Billionaires In India Increased From 102 In 2020 To 166 In 2022

The plane, a 72-seater passenger aircraft, crashed minutes before it landed at the newly-opened Pokhara international airport situated near the old airport. The twin-engine turboprop ATR 72 plane crashed en route from the Nepali capital of Kathmandu to Pokhara.
Earlier today, Nepal Army said they did not find any survivors at the site of the crash. โ€œWe havenโ€™t rescued anyone alive from the crash site,โ€ said Nepal Army Spokesperson Krishna Prasad Bhandari.
After the flight crash, Nepalโ€™s Yeti airline said that to mourn the passengers who lost their lives, the regular flights on Monday will be cancelled.

Yeti Airlines shared the official statement on Twitter in which it said, โ€œIn mourning for the passengers who lost their lives in the accident of Yeti Airlines 9N ANC ATR 72 500, we would like to inform you that all regular flights of Yeti Airlines for 16th January 2023 have been cancelled.โ€

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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Total Number Of Billionaires In India Increased From 102 In 2020 To 166 In 2022

Pearl Prasad
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The global poverty alleviations charitable organization; Oxfam said the total number of billionaires in India increased from 102 in 2020 to 166 in 2022

Davos: A new study on Monday showed that the richest one per cent in India now owns more than 40 per cent of the global wealth, contrastingly the bottom half of the population share the mere 3 per cent of wealth.

Rights organization Oxfam International claimed that taxing Indiaโ€™s top ten earners at 5% would generate enough revenue to send all children back to school. This statement was made during the release of the India supplement to its annual inequality report on the opening day of the World Economic Forum Annual Meeting here.

It added, โ€œA one-off tax on unrealized gains from 2017-2021 on just one billionaire, Gautam Adani, could have raised โ‚น 1.79 lakh crore, enough to employ more than five million Indian primary school teachers for a year.โ€

According to the report title โ€œSurvival of the Richest,โ€ if Indiaโ€™s billionaires paid a single tax of 2% on all of their money, it would provide the country with the required 40,423 crore for the next three yearsโ€™ worth of malnourished citizensโ€™ food.

Also, Read: Foreign Investors Withdraw Rs 15,000 Cr From Stocks In First 2 Weeks Of 2023

According to the reportโ€™s findings on gender inequality, female workers only receive 63 paise for every rupee earned by a male worker.

The disparity is even more pronounced for Scheduled Castes and rural workers; the former earned 55% of what the privileged socioeconomic groups received, while the latter earned only 50% of what urban workers earned between 2018 and 2019.

Oxfam called the report an amalgamation of qualitative and quantitative information to explore the impact of inequality in India.

While government sources like NSS, Union budget documents, parliamentary questions, and so on have been utilized to support claims made throughout the research, secondary sources like Forbes and Credit Suisse have been used to examine wealth inequality and billionaire wealth in the nation.

Oxfam India CEO Amitabh Behar said, โ€œThe countryโ€™s marginalized โ€“ Dalits, Adivasis, Muslims, Women and informal sector workers are continuing to suffer in a system which ensures the survival of the richest.

Furthermore, The poor are paying disproportionately higher taxes, spending more on essentials items and services when compared to the rich. The time has come to tax the rich and ensure they pay their fair share,โ€ Behar said.

Behar has urged the Union Finance minister to implement progressive tax measures wealth tax and inheritance tax, which he said have been historically proven to be effective in tackling inequality.

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