Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Tuesday, November 05, 2013

Exempt UMPP from compensatory afforestation clause, says power ministry
[Editor: This news is positive for for BGR Energy Ltd (Rs.118), Reliance Power Ltd (Rs.77.05), Tata Power Ltd (Rs.83.05), etc. Also, there seems to be whirlwind rally in most of the banking counters, Dena Bank Ltd (Rs.64), Central Bank Ltd (Rs.62), Allahabad Bank Ltd (Rs.99), Bank of India Ltd (Rs.240) etc are all up today. Also, Kavveri Telecom Ltd (Rs.28) and Tulip Telecom Ltd (Rs.7.70) can hit the upper circuits at any time from now]. There was no hearing in the Honourable Courts of India regarding Tulip Telecom Ltd (Rs.7.84) on 1st November, 2013; but then some disgruntled employees are spreading rumours. The company is urged to take strong measures against these unscrupulous fellows so that the reputation of the company is not spoiled and the shareholders' interest is protected]
NEW DELHI: The power ministry plans to give a shot in the arm for ultra mega power projects and has approached the Cabinet to exempt the plants from a key provision of the Forests Act, 1980, that requires companies to identify land for mandatory compensatory afforestation.

To facilitate this, the ministry has approached the Cabinet Committee on Infrastructure seeking 'central government' status for ultra mega power projects for the purpose of acquiring forestland.

Under the current system, unlike private developers, central government projects are not required to identify non-forest land for compensatory afforestation or pay any money for the purpose.

The existing provision helps state companies such as NTPCBSE 0.75 % to develop projects smoothly, but private firms face numerous obstacles in securing approvals and clearances required for identifying the appropriate patch of land to plant trees in lieu of forest land that a project needs. The power ministry wants now wants the same provision to be applied to all companies. However, the power ministry has proposed that developers of ultra mega power projects be asked to pay for afforestation although state governments should identify the non-forest land.

"We have approached the Cabinet Committee on Infrastructure for tweaking the compensatory afforestation norms for the Tilaiya ultra mega power project in Jharkhand. If approved, the change would benefit both existing and future ultra mega power projects," a senior power ministry official said.

Compensatory afforestation rule is one of the most important conditions stipulated by the central government under the forest conservation Act while diverting forestland and requires companies to identify an equal area of non-forest land in the same state.

The proposal is part of the government's efforts to revive investment and clear obstacles that have stalled giant projects such as UMPPs. Reliance PowerBSE 1.72 % bagged the 3,960 mw ultra mega power project at Tilaiya in 2009 and planned to commission the first unit by May 2015. The company has not been able to start work as the state government has not handed over land to the company. The company has received forest clearance for 1,220 acres of forest land but is still awaiting final handover from the state government.

Nearly 80% of land required for the project and attached coal mines fall under forest area. Reliance Power had ordered the main plant equipment for the Tilaiya project from China's Shanghai Electric, but is still in discussions with domestic and international banks for financial closure. The proposal would also benefit developers of future ultra mega power projects. The government has called bids for two such projects at Bedhabahal in Orissa and Cheyyur in Tamil Nadu.

CourtesyEconomic Times