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Reforms an ongoing process in India: Jaitley

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Singapore: Pointing out that reforms were an ongoing process in the development of the nation, Finance Minister Arun Jaitley on Friday said the Indian government has several legislations in the pipeline that would be pursued in the next few years.

“The bankruptcy code is ready while changes to the arbitration laws and several other legislations are in the pipeline… for the next few years, we have our agenda full; reforms are an ongoing process,” Jaitley told investors at an event here.

Photo credit: thehindu.com
Photo credit: thehindu.com

Jaitley was on a visit here to attend The Singapore Summit, an annual investment event organised by the Singapore government with participation from various Asian countries.

The finance minister said legislation that could be taken in money bill form would be pursued.

A money bill is important as it cannot be blocked by India’s upper house, the Rajya Sabha, where the NDA government lacks a majority, which has stymied attempts to carry forward legislation on land acquisition and the goods and services tax.

Assuring the investors present that the Narendra Modi government would continue to make India an attractive investment destination, he said the country was no longer suffering from policy paralysis and an uncertain taxation regime, while India’s states were vying with each other to attract investment.

At an event held in New Delhi on Thursday, Jaitley said that with the stated objective of ease of doing business, all tax disputes would be put to rest, adding that this was a “work in progress” along with steps to make it easier to do business in India.

“Since May 2014, a number of tax disputes have been put to rest since the Bharatiya Janata Party-led government took office,” he said at an economic summit organised by Ficci’s International Chamber of Commerce.

“We are trying over the next few days itself (to look at pending disputes) so that many others can be put to sleep – either by a judicial resolution or some executive resolution,” the minister added.

(IANS)

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Survey Shows That More Women Support Live-in Relationships in India

For long the concept and topic of live-in relationships has been taboo in India but the times are changing with a number of women coming out in its support, according to a survey.

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Hindu marriage. Pixabay

For long the concept and topic of live-in relationships has been taboo in India but the times are changing with a number of women coming out in its support, according to a survey.

Inshorts, a news app, conducted a poll in the second week of May capturing the views of 1.4 lakh netizens — 80 per cent being in the age group of 18-35 years, read a statement.

Women
representational image. pixabay

According to the survey, more than 80 per cent millennials think that live-in relationships are still considered a taboo in Indian society while more than 47 per cent Indians are of the opinion that marriage is better when choosing between marriage and lifelong live-ins.

More than 80 per cent Indians said that they do support live-ins as a way of life. Out of these, 26 per cent millennials went a step ahead and said that they would choose lifelong live-ins as an option over marriages.

On the other hand, 86 per cent Indians are of the opinion that lust is not the sole reason behind live-ins and more than 45 per cent say that it is more of compatibility testing before marriage.

Night-owl women not for long-term relationships: Study
Couple. pixabay

In the report, 45 per cent respondents have also said that since Indian society constantly judges unmarried couples staying together, any move by the judiciary to support this will not have any effect on their mindset.

Also Read: Night-owl women not for long-term relationships: Study

Azhar Iqubal, CEO and Co-founder, Inshorts said: “Live-in relationships, even after being legally recognised by the government, is a forbidden subject of discussion in Indian households. Our current survey was focused on capturing the sentiments of our Indian youth on such delicate issues.” (IANS)

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