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March

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Spiraling prices of essential commodities are currently leading to spurt in food price inflation, fluctuating liquidity in the system alongside lower-than-expected credit off-take, topsy-turvy industrial recovery.  Lesser credit off-take continues to crimp the banking industry. Therefore, the Government has to do a balancing act of sustaining economic growth on the one hand and maintaining price stability on the other hand. Side by side the monetary authority’s prime role is to be maintained – steps necessary towards gradually weaning away the economy from its current dependence on accommodative monetary policy and make it market-driven with an aim to prop up growth and arrest inflationary pressure. These may be the beginning of a reverse trend. The muted growth of credit is likely to be stimulated and buoyancy is restored.

Add a comment Read more: Small Banks: Resourcefulness vs Operational Soundness
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Anything declared at the festivities have special significance as it has solemnity. It is more so if the issue is about bringing lasting peace among the people, who were warring, till recently, for their manifold demands.

It is in this backdrop that the The United Naga Council (UNC) urged all the neighbouring communities residing in Manipur to join the Nagas in strengthening the peace process for its peaceful logical conclusion burying the hatchets.

During the celebration of the colourful Lui-Ngai-Ni festival in its traditional gaiety in Manipur by the ethnic Nagas, the non-Nagas community leaders assembled together to participate in it.

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The first-ever Bharat-Bangla Paryatan Utsav (Indo-Bangladesh tourism festival) held in Agartala on Feb 20-21 has opened up a new horizon of economic development for Tripura, which not only exposed the cultural and socio-linguistic assets of the state also strengthens historical contact among the people of both countries. The historical monument and cultural hub of Tripura Ujjayanta Palace were illuminated with colourful lights and eye-catching decoration that attracted thousands of tourists across the globe. The special session during the festival was organised to revisit the memories of the 1971 liberation war of Bangladesh and the role of Tripura people. The festival has commemorated the language martyrs who have sacrificed their lives seeking recognition of Bengali language on Feb 21 in world mother tongue day. Apart from cultural performances, prominent personalities of Bangladesh and opinion leaders have visited the important tourist destinations and the places in Tripura, where Mukti Yuddhas (freedom fighters) had taken shelter. Add a comment Read more: First-ever Indo-Bangla tourism fest opens new horizon for Tripura
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After having aborted his two earlier trips to Assam due to the massive protests against the Citizenship Amendment Act (CAA), Prime Minister Narendra Modi finally set foot on the Bodo Territorial Region (BTR) of the state on February 7, to join a government-funded celebration of the recently signed Bodo Accord.

In a fervent appeal the Prime Minister Shri Narendra Modi gave a clarion call to those pursuing the Path of Violence to lay down their arms and return to the mainstream like the Bodo Cadres.

Add a comment Read more: Prime Minister attends celebrations on signing of Bodo Peace Accord at Kokrajhar Assam
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HNYF against the proposal to shift NEEPCO out of Shillong

The Hynñiewtrep National Youth Front (HNYF) today show dissent on the proposal of the central government to permanently shift the Head Quarter of NEEPCO from Shillong as a consequence of the total 100% sold out of NEEPCO to NTPC.

The HNYF today submitted a memorandum to Meghalaya Chief Minister Conrad K Sangma to protest against the intention of the central government. The HNYF lamented that NEEPCO which has its head quarter in Shillong has been very beneficial to the people of the region in general and Meghalaya in particular. The HNYF asserted that the intention to shift the office has done without the knowledge of the State Government whereas all central projects need proper consultation with State Government with regards to permissions, land acquisitions, NOCs and others. But in this case it seems that the State Government and the public of Meghalaya are not aware of.

HNYF lamented that the Head Quarter of NEEPCO has so far served the purposed of employing the locals of Meghalaya in various capacities and it also created the opportunities of indirect employment in the forms of contracts, supplies and other outsources employment . It is also to be noted that NEEPCO spent a huge chunk of its CSR allocation in the state of Meghalaya. The HNYF appeal to the state government to intervene in a way that even if NEEPCO is sold out to NTPC the head quarter of NTPC must remain in Shillong since NEEPCO has already acquired land in Mawdiangdiang, New Shillong upto 22 acres for permanent colony and office complex and other VIP residential.

 

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