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.

Saturday, February 15, 2014

Gold import norms under 80:20 scheme tightened
[Editor: This kind of heading misses the essence of the whole news item which also says: In case of advance authorisation (AA) and duty free authorisation (DFIA) for gold import issued before August 14, 2013, the RBI said the 80:20 rule would not apply for units in special economic zones (SEZs), export oriented units (EoUs), premier and star trading houses]
February 14, 2014: Seeking to restrict gold imports, the Reserve Bank of India, on Friday, said nominated banks and agencies would not be allowed to import the precious metal in excess of their entitlements in the first or second lot under the 80:20 scheme.

“Import of gold in the third lot onwards will be lesser of the two — five times the export for which proof has been submitted or quantity of gold permitted to a nominated agency in the first or second lot,” the RBI said in a notification.

The government under the 80:20 scheme had in August 14, 2013, allowed nominated agencies to import gold on the condition that 20 per cent of the inward shipment will be exported. The permission to import the next lot would be given on fulfilment of export obligation.

In view of the representation being received by the RBI and the Finance Ministry, the central bank has said that the quantum of the third lot import would be five times the export from the previous lot subject to the condition that it would not exceed previous entitlements.

In case of advance authorisation (AA) and duty free authorisation (DFIA) for gold import issued before August 14, 2013, the RBI said the 80:20 rule would not apply for units in special economic zones (SEZs), export oriented units (EoUs), premier and star trading houses.

“The imports made as part of the AA/DFIA scheme will be outside the purview of the 80:20 scheme.

Such imports will be accounted for separately, and will not entitle the nominated agency/banks/entities for any further import,” the RBI said.

To contain rising gold import, which was 162 tonnes in May, the government had hiked the import duty on gold thrice in 2013. Besides, the RBI came out with certain restrictions, including the 80:20 scheme for imports.

Gold imports came down to 19 tonnes in November last year.

Courtesy: The Hindu Business Line