Reuters news agency has reported that the Andhra Pradesh State Assembly has approved legislation to regulate the microfinance sector. The Assembly ratified an earlier ordinance curbing operations by MFI lenders. The ordinance took effect in October in response to news reports on suicides among borrowers. http://in.reuters.com/article/idINIndia-53571720101215
The Chief Minister of Kerala has made a statement in the Assembly this week agreeing to look into the demand to change the name of the state to Keralam to make it conform to the state's name as pronounced in Malayalam. A few major cities in Kerala have already been renamed in the recent past in an attempt to erase the Anglican influence in their naming. Another proposal to rename the state of Orissa to Odisha has recently been approved by the Union Cabinet. This is part of a trend that gained momentum after the renaming of Bombay, Madras and Calcutta. Bombay was renamed Mumbai - derived from name of Goddess Mumbadevi - in1995 when the Shiv Sena - BJP combine won the state Assembly elections. In the following year Madras was renamed to Chennai and in 2001 Calcutta was renamed Kolkata. The renaming of a state requires Parliamentary approval under Article 3 and 4 of the Constitution, and the President has to refer the same to the relevant state legislature for its views. However, the change in name of official language would require a constitutional amendment since it requires a change in the 8th schedule. In the case of Orissa, the state legislature has approved in August 2008, change to the name of Orissa to Odisha and the name of its official language from Oriya to Odia. The central cabinet approved the proposal, and 2 bills The Orissa (Alteration of name) Bill, 2010 and the Constitution (113th Amendment) Bill has been introduced in Parliament.