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.

Monday, December 30, 2013

Coal India sticks to import plan
[Editor: Good news for the shareholders of MMTC (Face Value: Re.1, CMP: Rs.52.90) and State Trading Corporation Ltd (Face Value: Rs.10, CMP:Rs.172). If we go by the logic the STC should be trading near the price of MMTC which comes around Rs.520, considering Rs.10 as Face Value]
Calcutta, Dec. 29: Coal India will issue another tender for import after the first one floated on November 15 failed to attract a single participant.

A senior official of Coal India said the state-run miner had not scrapped the idea of importing for domestic consumers after the disappointing outcome of the first tender.

“We have not scrapped the idea. The tender will be floated once again shortly,” said the official, adding that the process is likely to be initiated within a month.

Coal India’s first tender was worth Rs 3,000 crore for importing 5 million tonnes.

The imported coal was aimed to bridge the demand-supply gap. Domestic demand is over 600 million tonnes a year, while CIL has set a production target of 482 million tonnes in the current fiscal. CIL produces over 80 per cent of the country’s coal.

However, the miner is likely to fall short of the target as production was affected by cyclone Phailin in October and mining activities in Odisha were disrupted in November.

Overall, in April-November the PSU missed its production target by 5 per cent.

CIL official said the restriction of participants to only public sector companies such as MMTC Ltd and State Trading Corp was one of the primary reasons for the failure of the first tender, besides issues relating to upfront payment to importers.

On whether the fresh tender will allow private players, the official said the option was being considered.

Meanwhile the trade unions of the PSU said they had just deferred and not backed off from a strike against a plan to offload a 5 per cent stake in the miner.

Trade union sources said the divestment was unlikely to take place before the general elections in the first half of 2014.

The preparations to divest a stake have been an ongoing exercise for almost a year, with roadshows held abroad to garner foreign interest in the offering.

Courtesy: The Telegraph