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, April 01, 2014

Govt may further ease restrictions on gold import soon: FM
Press Trust of India  |  New Delhi  March 31, 2014
Finance Minister P Chidmabaram today indicated that government may further ease restrictions on gold imports after tomorrow's monetary policy by RBI as Current Account Deficit has moderated to about USD 35 billion. 

"Some relaxations were made a few days ago when more banks were allowed to import gold. We could consider some more relaxations in consultation with RBI," he said while releasing the year-end report on economy. 

"Let the RBI's monetary policy be announced tomorrow and then we will consider whether some relaxation can be done," he said. 

Emphasising that the economy today is far more stable and far stronger than what it was 20 months ago, he said, CAD is expected to come down about USD 35 billion during the current fiscal. 

It was at a record high of USD 88.2 billion or 4.8 per cent of GDP as gold imports soared 845 tonnes last fiscal. 

In order to restrict CAD, the government took measures to curb gold import. The government raised import duty on the precious metal three times taking it to 10 per cent and also made it mandatory to export 20 per cent of the total gold imported. 

Following this gold imports came down to 19 tonnes in November from a peak of 162 tonnes in May. The CAD, too, was brought down to 3.1 per cent in April-September of current fiscal, from 4.5 per cent in the same period last year. 

Gold imports have fallen substantially after the restrictions. Gold and silver imports declined 71.4 per cent to USD 1.63 billion in February. 

Imports of gold and silver in February 2013 stood at USD 5.24 billion. In January this year, they were USD 1.72 billion. 

Earlier this month, the RBI allowed more banks, including Axis Bank and Kotak Mahindra Bank to import gold under the 80:20 scheme.

Courtesy: The Business Standard