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.
Wednesday, January 15, 2014
India Gold Jewellery demand may remain flat Y/Y in 2014
This assumes that the current restrictions remain in place, which is not certain given upcoming elections and the politics surrounding altering the import restrictions.
11 Jan 2014: LONDON (Commodity Online): Ordinarily a lower price environment for gold would mean increased gold demand in India; however, given import restrictions, it is expected about 600 tons of gold jewellery demand from India in 2014, which is flat year-on-year basis (y/y) compared with 2013, said London based Barclays in its recent weekly report.
This assumes that the current restrictions remain in place, which is not certain given upcoming elections and the politics surrounding altering the import restrictions. Economic Affairs Secretary, Arvind Mayaram, this week said “the government needs to keep the deficit low and should not tamper with the restrictions on gold shipments until at least the end of the fiscal year on 31 March” (Reuters), the bank pointed.
Meanwhile, India, historically the world’s largest gold consumer, has imposed higher duties on gold imports last year, among other restrictions, in an effort to rein in its current account deficit. Higher import duties have resulted in rise in gold smuggling.
According to data from the Department of Revenue Intelligence (DRI) in India, gold smuggling as a share of total seizures has more than doubled, from just 3% of total seizures in FY 2011-12, to 8% of total seizures in FY 2012-13, and this is only the smuggled gold that was seized, it added.
Courtesy: Commodity Online