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November

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A high protein-packed breakfast satisfied our appetite all day long. We sipped special tea at Tamulpur. After three hours of driving, we saw amazing views of tea garden to soothe our eyes. The infamous Darangamela is now a place of business hub for eastern Bhutan.  The Kurichhu Hydropower Plant built across the Kurichhu River that flows into the river Manah and Beki. A decorative gate caught our attention. The Royal Bhutan Police had politely asked to report for immigration. With utmost respect and generosity, the officer asked a few questions of our arrival. We earned the bragging rights to cross an international border for being Indian. The sign of Indo-Bhutan treaty of friendship made us feel at ease.

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Meghalaya Governor approve Latiplang Kharkongor as new CEM

Meghalaya Governor Tathagata Roy today has approved Latiplang Kharkongor as the new Chief Executive Member of the Khasi Hill Autonomous District Council (KHADC)

In a letter through the Deputy Commissioner of East Khasi Hills District, Matsiewdor War, Deputy Secretary A Lakiang to Governor Roy, said, “I am directed to inform you that Governor has approved the election of Latiplang Kharkongor as the new Chief Executive Member of the Khasi Hills Autonomous District Council.”

On Saturday, Roy declined to accede to the state government’s request for imposing Administrator’s Rule by the Conrad Sangma-led government as there was majority leading to the election of Chief Executive Member.

Four-time KHADC member, Latiplang Kharkongor was elected unopposed as the new Chief Executive Member after the combined NPP-UDP-led United Democratic Alliance boycotted the election of the Chief Executive Member

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 It probably needs no elucidation that a feeling of alienation and frustration among religious and ethnic groups in a region is born out of the indifferent, flippant attitude and approach towards their hopes and aspiration. There are a number of complex issues troubling Assam for a pretty long time now. Ever since the country attained independence in 1947, a series of government in the state had come and gone. But, it is ironic that some of them still remained unresolved, one being the migration of large-scale illegal immigrants from East Pakistan, now Bangladesh, despite repeated pleadings with the Congress government by the diverse ethnic entities and civil society groups posing grave threat to the very existence of the indigenous Assamese people. This induced a strong sense of deprivation and frustration among large sections of them, which in turn, manifested itself in the protected six-year Assam agitation against the influx of illegal foreign infiltration.

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KHADC cannot function as per emotion or political influence: P.N Syiem

 

The Chairman of the Khasi Hill Autonomous District Council (KHADC) Mr. Pynshngaiñlang Syiem is expelled from the ruling National People’s Party (NPP) for his anti-party activities,

Speaking to media person on Monday Pynshngaiñlang Syiem said that he is surprised that the Party had not called him for the meeting nor issue any show cause notice to him. “I know my expulsion from the NPP was mainly because the Governor had declined to accede to Government’s recommendation for Administrator’s Rule in the Council” Pynshngaiñlang Syiem added. The Chairman also said that he has follow the rules enshrine for the KHADC.

“The State Government cannot go by emotion or political influence just fulfils their personal interest”. The State government cannot interfere in the KHADC when the KHADC did not bypass the laws enshrined in the KHADC he added. Pynshngaiñlang Syiem said that his expulsion from NPP will not affect him in the KHADC as he will continue to be Chairman of the KHADC.

Earlier Deputy Chief Minister Prestone Tynsong had said that the Government has recommended Administrator Rule in KHADC foreseeing “instability” in the KHADC.

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PMC Bank and the fate of its account holders…

 

Enforcement Directorate or ED has identified and recovered movable and immovable properties and assets worth Rs 3830 Crore owned by HDIL and its promoters /directors of PMC.

 

Who are the Promoters of HDIL?

 

The promoter of HDIL is the former chairman of PMC Banks and rest is the scam.

 

Punjab and Maharashtra Co-operative Bank, PMC bank, fewer people are aware of this bank in the eastern part of country. The cooperative banks are formulated for the social welfare of society, not for profit maximization, the ideology behind creating a co-operative bank.

PMC bank is the largest urban cooperative bank to be placed under the RBI watch since 2001. PMC bank was founded in the year 1984 in a single room from a single branch currently the bank touched 137 branches  across six states Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh, and Madhya Pradesh. 

 

What went wrong for such a bank which started with a modest outlook?

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