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November 2018 issue

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Due to complexity involved in raising funds from various sources available in the market, micro, small and medium enterprises are unable to get the needed financial support on time at reasonable cost easily. In order to assist these unfunded entrepreneurs and small business concerns, the present Government led by Shri Narendra Modi, started MUDRA bank on 8thApril, 2015 with a corpus of 20,000 crore and a credit guarantee fund of 3,000 crore to support financial institutions and micro finance institutions. MUDRA bank was formed with a mandate to refinance and regulate micro finance institutions and give financial assistance to micro and small units that are typically excluded from the mainstream banking system. The scheme was launched as a refinancing institution to provide funding support to the lending institutions engaged in financing micro units in the country, through the Government of India’s flagship programme. MUDRA scheme is not only to bridge the funding gap to the micro enterprises but also aims to boost the confidence of the first generation entrepreneurs and also assist existing small businesses expand their business activities in more diversified ways. As on 31st March 2018, the MUDRA scheme has provided financial support to 4, 81,30,593 entrepreneurs with a total amount of 246437.40 crore in promotion of new and existing enterprises in the country.

Add a comment Read more: MUDRA YOJANA IN NORTH EAST INDIA
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If you ask an Italian why time is important, he will say “Il tempo è Denaro:” time is money, money is time.

But how a Hindustanis would react to this question? Well! He will reply: “We have neither time nor money.” He is right. The Hindustanis hardly are bothered about time, timely decisions. No wonder they don’t have enough money.

If the Indian Government really had time-conscious, it would have corrected the aberrations in the Indian Standard Time (IST) way back in 2006 when the Planning Commission suggested that the country may have two time-zones. This would have meant implementing the Daylight Saving Time or DST for the Northeast saving electricity bills by huge proportion.

(Do tomorrow’s work today, today’s work now. If the doomsday comes, can you complete the incomplete works?)

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Even now when one glances through the poem Batohiya written in Bhojpuri, one is charmed by its lyrical grace and its passionate depiction of the flora and fauna of Bharat, its history and its geography, Raghuvir chose to write in the Bhojpuri dialect although his command on English Arabic and Hindi was equally commendable. When Dante wrote Divine Comedy, he preferred to write in the Tuscan dialect which later became standardized Italian language. Many singers have sung the song Batohiya but most people do not know who wrote this immortal lyric and in this connection it will be appropriate to quote a line from John Keats that Batohiya poem" is not born for death". It had become a household name in the thirties and forties of the last century and had inspired millions to feel proud of their culture and tradition.

Add a comment Read more: Raghuvi r Narain A forgotten laureate of Bihar
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There is visibly a rising sun of hope, that Meghalaya the land of clouds, would look ahead of more peaceful days and time ahead, as insurgent activities is on the wane. Insurgent movements which have clouded many parts of the world and also in India have spread in the North Eastern part of the country which is sensitive, bordering several foreign neighboring countries such as China, Bangladesh and Myanmar. Insurgency has come about mainly in Nagaland, Mizoram, Assam, and Tripura to some extent in Manipur and Meghalaya.

Add a comment Read more: Farewell to Arms
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‘Defending our sovereignty is all. Win or lose is no criteria,’ was the clarion call given at the commencement of the Anglo-Kuki war of 1917-19 by the Commander-in Chief of the Kuki Army, General TintongHaokip. ‘A true Kuki warrior was unfazed by the British imperialist following the Jampi Conclave of March 1917’ were also inscribed at the only Anglo-Kuki War memorial Complex at Songpi in Churachandpur district of Manipur, dedicated to General TintongHaokip.

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THE GRAND NEW YEAR FESTIVAL IN JOWAI

If there is one thing distinctive about Jowai town in West Jaintia Hills District of Meghalaya, it is the celebration of New Year, which is very unique and has an element of oneness of social life. The celebration is community based dated to hundred years back. As many as twenty five to thirty localities within the town, organized the celebration in their respective localities, which is participated by all the members of the community young and old alike.

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‘Pen-and Tool-Down’ strike in Arunachal Pradesh

Thousands of State Government employees in Arunachal Pradesh have openly defied the State Government’s warning by participating in the ‘pen-and tool-down’ strike launched by the Confederation of Service Associations of Arunachal Pradesh (CoSAAP) crippling normal office business. The Government employees led by the (CoSAAP) began their strike demanding the implementation of the 7th Central Pay Commission (CPC) for State Government employees in the State.

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The coming battles for ballot in Mizoram, Chhattisgarh, Telangana, Madhya Pradesh and Rajasthan assumes massive political significance as they might act as curtain raiser for the Lok Sabha polls slated for 2019.

The parliamentary polls would certainly have effects of the results of assembly polls as the pre-poll political permutations and combinations, trend of polling, defections and post-poll formation of governments (whether single party majority or coalition) are likely to shape the political future of the main political parties.

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