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.
Sunday, February 16, 2014
Jewellers welcome clarity on gold imports
February 16, 2014: Gold jewellers and jewellery bodies have welcomed the Reserve Bank of India’s clarification pertaining to nominated banks and agencies being allowed to import gold.
Pankaj Parikh, Vice-Chairman, Gem & Jewellery Export Promotion Council (GJEPC), said “it is a relief, but one wonders why it took so long to be announced. The fact that the remittance for exported gold has to come in to avail of the next lot of imports is by far the best solution.”
Welcoming the clarification, Haresh Soni, Chairman, All India Gem & Jewellery Federation, said “it will certainly benefit the jewellery industry, which is starved of gold supply and should lead to lowering of premia, smoother distribution and reduction of monopolies and gold smuggling.”
Industry for cut in duty
Mr. Soni said the prevailing 10 per cent premium on gold on top of the 10 per cent import duty and 1 per cent VAT was very high.
Suresh Hundia, President Emeritus, Bombay Bullion Association, felt there was a need to reduce the import duty as the ‘hawala’ trade differential was 6 per cent and a cut to 5 per cent would ‘dis-incentivise’ smuggling. “The duty needs to be at 2-5 per cent,” he said.