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 21, 2015

India Budget 2015-16:Duty hike on Steel imports may help the industry
Photo: Reuters
February 20, 2015: India is currently the 4th largest producer of crude steel in the world as against its 8th position in 2003. But the sector is hit by an abnormal surge in imports.

On this background the metals and mines sector will be looking forward to the union budget on February 28 with the duty hike on mind. Angel Broking has said they expect the government to increase import duty on steel, in view of the increasing steel imports from China and Russia. 

Total steel imports in India during 9MFY2015 have increased 57.5% yoy, led by a slowdown in the Chinese economy, steep depreciation in Russian Rouble and free trade agreement with Korea.

The Steel Ministry is also seeking a waiver of the 2.5% import duty on all its raw materials such as iron ore, coking coal, limestone, dolomite and scrap. We do not believe this is likely.

The government may however look to reduce the export duty on low grade iron ore fines, as Indian steel-makers do not use these low-grade iron ore fines for making steel.

“We believe based on the recommendation of the Mines And Steel Minister, the government may give a differential treatment to the export of low grade iron ore fines,” Angel said.

“We believe a thrust to the infrastructure sector and steps to revive the investment cycle would in general be positive for the metals/mining sector.”

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