Medical college admissions: Maharashtra students, parents move SC against change in domicile norms

Maharashtra Students and parents have challenged the decision by the Aurangabad Bench of the Bombay High Court to relax domicile rules for admission to medical and dental colleges.

One in every two students applying for medical and dental seats in Maharashtra is not from the state. Angry with the state’s decision to relax norms and allow non-domicile students to apply for medical seats, medical aspirants and their parents from Maharashtra filed a petition in the Supreme Court on Tuesday.

Directorate of Medical Education and Research (DMER) figures show that the number of registrations of students who have cleared both class 10 and 12 from the state is 49,768, whereas those who have only cleared Class 12 is 48,977.

Explaining why the Class 12 numbers were high, a parent said “Many students come to Mumbai to prepare for medical entrance exams and appear for Class 12 exams in Maharashtra after sitting Class 10 exams in their respective states.” He was of the opinion that they should not be given the advantage meant for children with state domicile.

On July 7, the Aurangabad bench of the Bombay High Court relaxed domicile norms for medical and dental aspirants in the state. Originally, those who had cleared class 10 and 12 from the state or had a domicile certificate – a document showing that the student had lived in the state for the required number of years – were eligible for state quota seats. Now the rule making Class 10 compulsory has been dropped. “Those who have cleared Class 12I from Maharashtra, even without Class 10 from the state, will be eligible for state quota seats from now,” said Dr Pravin Shingare, director of DMER.

Commenting on the move another parent said “Earlier this year SC was very clear that no more cases on medical and dental admissions should be entertained by High Courts till admissions are over. How can the Aurangabad bench allow such changes to the admission process while the registrations are on?”

DMER’s decision to announce a revised provisional state merit list before the first seat allocation list for state quota seats has brought some relief to the parents and students. “We hope the SC will support our stand before the first seat allotment list is released,” one of them said.

While the petition is up for hearing in SC this week, the first seat allotment list for admissions to state quota seats in government-run and private medical and dental institutes in the state will be released on July 25.

 

 

[“source-hindustantimes”]

CAIT Alleges Amazon, Flipkart, Snapdeal Are Violating FDI Norms

CAIT Alleges Amazon, Flipkart, Snapdeal Are Violating FDI Norms

Traders body CAIT has filed a complaint with DIPP alleging that major e-tailers Amazon, Flipkart and Snapdeal are blatantly violating FDI norms.

The Confederation of All India Traders (CAIT) has filed a complaint with the “DIPP against Amazon, Flipkart and Snapdeal for blatant violation of FDI Policy in e-commerce of the government”, CAIT said in a statement.

When contacted, Snapdeal declined to comment on the matter. Amazon and Flipkart did not respond to e-mail queries.

CAIT said that during past three days these companies have given big advertisements in media announcing sale on their platform which is a violation of FDI guidelines on e-commerce.

These companies are allowed to do B2B business but they are doing B2C for which they are not authorised, it said. CAIT has sought an appointment with Commerce and Industry Minister Nirmala Sithraman.

It asked the ministry to “take immediate action against these companies which are habitual in contravening the policy”.

In March, government allowed 100 per cent FDI through automatic route in the marketplace format of e-commerce retailing.

As per the guidelines issued by the DIPP on FDI in e-commerce, foreign direct investment (FDI) has not been permitted in inventory-based model of e-commerce.

Tags: Amazon, DIPP, E Commerce, Ecommerce, FDI, Flipkart, India, Internet, Snapdeal

 

[“Source-Gadgets”]

Norms Eased In Cheque Dishonour Cases Of Rs 1 Crore And Above

Norms Eased In Cheque Dishonour Cases Of Rs 1 Crore And Above
Mumbai: Relaxing cheque book norms, the Reserve Bank of India on Thursday left it to the lender’s discretion on whether to issue fresh cheque books or not in cases of dishonour of Rs 1 crore and above.

As per the existing directive, banks are not allowed to issue fresh cheque books in the event of cheque dishonor valuing Rs 1 crore and above on four occasions during a financial year for want of sufficient funds.

Also, in such cases the bank may consider closing the current account at its discretion.

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The RBI said it has reviewed these instructions and it will be now up to the discretion of banks how to respond in such cases.

“Banks should put in place an appropriate policy approved by the board or its committee taking into consideration the need to prevent misuse of cheque drawing facility and avoid penalising customers for unintended dishonour of cheques,” the RBI said in a notification.

The RBI also asked the banks to make this policy transparent and bring it to the knowledge of the customers.

Government Relaxes FDI Norms for Single Brand Retail, E-Commerce for Food Products

Government Relaxes FDI Norms for Single Brand Retail, E-Commerce for Food Products

HIGHLIGHTS

  • The government has relaxed the local sourcing norms up to three years.
  • It’s for entities undertaking Single Brand Retail Trading in India.
  • It is likely to ease Apple stores opening in the country.

Government on Monday relaxed Foreign Direct Investment (FDI) norms in a host of sectors including civil aviation, single-brand retail, defence, e-commerce, and pharma by permitting more investments under automatic route.

Other sectors in which FDI norms have been relaxed include e-commerce in food products, broadcasting carriage services, private security agencies and animal husbandry.

“Now most of the sectors would be under automatic approval route, except a small negative list. With these changes, India is now the most open economy in the world for FDI,” said an official statement.

The decision to further liberalise FDI regime with the objective of “providing major impetus to employment and job creation in India” was taken at a meeting chaired by Prime Minister Narendra Modi on Monday.

This is the second major reform in the FDI space. The Centre in last November had significantly relaxed the foreign investment regime.

In the tech sector, perhaps the most important announcement was relaxation of the FDI norms for single brand retail, in context of the planned entry into the India’s retail space by Apple, LeEco, andXiaomi.

(Also see:  Government Panel Nod Paves the Way for Apple Retail Stores in India)

In its statement, the government said, “It has now been decided to relax local sourcing norms up to three years and a relaxed sourcing regime for another five years for entities undertaking Single Brand Retail Trading of products having ‘state-of-art’ and ‘cutting edge’ technology. ”

As for e-commerce in food products, the government’s statement said, “It has now been decided to permit 100% FDI under government approval route for trading, including through e-commerce, in respect of food products manufactured or produced in India.”

Tags: Apple Store India, Apple Stores, Apps, DIPP, FDi, FIPB, Home Entertainment, Internet, Laptops, LeEco,LeEco Stores, Make in India, Mobiles, Narendra Modi, PC, Single Brand Retail Stores, Stores, Tablets, Wearables, Xiaomi
[“Source-Gadgets”]