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, January 17, 2015

FIIs were Net Buyers Today also
Now, since the FIIs have understood the future modus-operandi of the RBI, there would now be continuous flow of FII money, with the caveat that to get right harvest the crop has to be given due car and protection. 

Hence, what the government of India should do at the present moment, is to bring in positive schemes, for the equity market participants. We need to balance, the FII outflows from the Bond Market (in case there is some exodus) with that into Equity markets and through FDIs.  This is in view of the RBI choosing a reverse trajectory for the Repo rate or in other words, the rates the set to come down in the coming  months. 

Therefore, without fail, the NDA government should immediately take up steps to boost the Indian capital markets or else there could be another tug-of-war between INR and USD, as the FPIs pull out money, and look for better returns in the bond market, elsewhere. The time is running out for the NDA government to take decision. I feel it would not be an exaggeration to mention here that the UPA and its Finance Minister, Mr.P Chidambaram, had earlier milked the Indian Equity markets (during their tenure) to the hilt without giving much incentives to the market-players. 
Post a Comment