A rural Indian spending Rs. 22.50 a day would not be considered poor by a Planning Commission whose Deputy Chairman's foreign trips between May and October last year cost a daily average of Rs. 2.02 lakh Pranab Mukherjee's stirring call for austerity tugs at the national tear ducts. Prime Minister Manmohan Singh has pleaded for it in the past and watched his flock embrace it creatively. With the Finance Ministry even...
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Cabinet okays pro-women divorce clause-Himanshi Dhawan
Bowing to pressure from women's activists, the government has made some crucial amendments to divorce laws, giving women half a share in the husband's residential property irrespective of whether it was acquired before or during the marriage. The amendment was cleared by the Union Cabinet on Thursday. The wife's share in other Assets owned by her husband - movable and immoveable property - has been left to the discretion of the...
More »Cabinet clears change in divorce law: Women to get part of husband’s property
-Express News Service Bowing to pressure from opposition parties and women’s rights organisations, the union cabinet today cleared some more amendments to the Marriage Laws (Amendment) Bill to give women a clearly-defined share in their husband’s “immovable residential property” — including that acquired before marriage — in divorce cases. If passed, the amended Bill would allow “equal share of residential property” to the wife and children. The wife’s share will be decided...
More »Microfinance Bill will regulate the sector to death, to the joy of moneylenders
-The Economic Times, The Cabinet has cleared a proposed Bill empowering the Reserve Bank of India (RBI) to regulate all microfinance institutions (MFIs). A central legislation makes sense only to the extent that it over-rides draconian state-level laws. However, the Bill suffers from many infirmities. And it is unfortunate that these have been overlooked. The law, if enacted, is likely to kill small MFIs and hurt the sector that is struggling...
More »For a fair deal -Kirti Singh
The amendment to the Marriage Laws Bill needs to be redrafted to ensure, among other things, greater economic rights for divorced women. SINCE the 1950s, successive amendments to different personal laws on marriage and divorce have mainly focussed on enlarging the grounds for divorce. In the 1960s and 1970s, cruelty and desertion and thereafter mutual consent were added as grounds for divorce in the Hindu Marriage Act (HMA) and the...
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