The Supreme Court on Thursday ruled that state governments could make sub-classifications in the quotas for Scheduled Castes (SCs) to uplift the more underprivileged segments within these communities. A seven-judge Constitution Bench, led by Chief Justice DY Chandrachud, said the SCs formed a socially heterogeneous class. But it also cautioned the states that the basis of subclassification had to be justified by "quantifiable and demonstrable data by the states, which cannot act on its whims".
Only one judge on the Bench, Justice Bela Trivedi, dissented.
The Bench, also comprising Justices BR Gavai, Vikram Nath, Bela M Trivedi, Pankaj Mithal, Manoj Misra, and Satish Chandra Mishra, was hearing 23 petitions, including the lead one filed by the Punjab government challenging a 2010 verdict of the Punjab and Haryana High Court.
Bu hikaye Business Standard dergisinin August 02, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin August 02, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
FY25 as weak-earnings year is gradually getting priced in
Even as many blame record foreign portfolio outflows for the market downturn, the real culprit is weak earnings amid rich valuations, says GAUTAM CHHAOCHHARIA, head of global markets, India, UBS. In an interview with Samie Modak in Mumbai ahead of the UBS India Summit, Chhaochharia highlights that 2024-25 (FY25) weak earnings growth is now factoring into market expectations. Investors are shifting their focus to the actions of the Reserve Bank of India (RBI) and the central government, as well as the outcome of upcoming state elections. Edited excerpts:
Non-disclosure of foreign property invites ₹10 lakh penalty per yr
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Brokerages positively revise their earnings forecasts, maintain target price
Strong growth, margin metrics could support LIC's valuations
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China wrests MSCI EM IMI top spot from India
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HAVING A TRUCK WITH LNG
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Accounting for climate finance
The climate negotiations meeting of the Conference of Parties signatory to the convention, COP29, at Baku, Azerbaijan, where most nations of the world have gathered currently, shall deal with various concerns relating to climate change.
Re-examine trade pacts
India must consider entering CPTPP, RCEP
