2010-02-23

Illogic of government compensation

Always, always - compensation is more for the families of those that are killed (say, in an accident or suchlike). Certainly, the families, assuming the killed was a breadwinner, will suffer financially and need this compensation.

But, imagine the fate of those that are critically injured. Their family, in addition to, supporting themselves, have to take care of the injured person.Compensation ought to be more. Beats me why compensation is less.

PS:
- Why governments should compensate at all when accidents are caused because of negligence of private parties is a valid argument.
 - To discuss the paltry compensation numbers is doing further injustice to those that are killed /injured and their families.



2 comments:

Prithvi said...

It's a good argument that Govt shouldn't be compensating. In a similar accident involving Singapore airlines, one of my relatives lost life. SG air compensated a little more than 1 million dollars for the loss. Now, I don't see the Mangalore case to be any different than that involve Singapore airlines. Both were international carriers who charged the fare in dollars. So, why shouldn't they pay the penalty in dollars or the equivalent where the money actually matters to the families involved and the airline (punitive damages so that they will be incentivized to avoid such losses)...

itheabsolute said...

Prithvi

Air India distributed a few INR crore to families of those who died and promptly gave a press release that this is the highest ever pay-out for an accident by any organization.

Such it goes in India

Thanks for your comments

Cheers

2010-02-23

Illogic of government compensation

Always, always - compensation is more for the families of those that are killed (say, in an accident or suchlike). Certainly, the families, assuming the killed was a breadwinner, will suffer financially and need this compensation.

But, imagine the fate of those that are critically injured. Their family, in addition to, supporting themselves, have to take care of the injured person.Compensation ought to be more. Beats me why compensation is less.

PS:
- Why governments should compensate at all when accidents are caused because of negligence of private parties is a valid argument.
 - To discuss the paltry compensation numbers is doing further injustice to those that are killed /injured and their families.



2 comments:

Prithvi said...

It's a good argument that Govt shouldn't be compensating. In a similar accident involving Singapore airlines, one of my relatives lost life. SG air compensated a little more than 1 million dollars for the loss. Now, I don't see the Mangalore case to be any different than that involve Singapore airlines. Both were international carriers who charged the fare in dollars. So, why shouldn't they pay the penalty in dollars or the equivalent where the money actually matters to the families involved and the airline (punitive damages so that they will be incentivized to avoid such losses)...

itheabsolute said...

Prithvi

Air India distributed a few INR crore to families of those who died and promptly gave a press release that this is the highest ever pay-out for an accident by any organization.

Such it goes in India

Thanks for your comments

Cheers