MEGHALAYA: The 1960s established Mawmluh Cherra Cements Limited (MCCL) might be privatised for the better, reports state.
The Government despite numerous attempts have failed to acquire any possible means to restore the company.
Early History of Mawmluh Cherra Cements Limited
Mawmluh Cherra Cements Limited (MCCL) set up in the early 60s is the state’s lone cement plant and also the oldest public sector undertaking (PSU).
After several long years of splendid operations, the cement company despite large scale investments towards its up-gradation, failed to make any profit gains while selling cement, compelling the government to finally resort to privatisation.
Privitatisation of Cement Comany underway
Wailadmiki Shylla, Chairman Mawmluh Cherra Cements Limited (MCCL) informed necessary documents for the venture to currently be under process by the Planning Department.
The proposed notion, although raised early on had been put to a halt given the whole pandemic situation and the Assembly sessions.
No hopes other than privitatisation of the cement company: Officials
“Present scenario dictates ‘privatisation’ to be the only possible way to restoration” Shylla affirmed. That being said, good prospects of privatisation lay underway as he further informs of many parties affirmative to take up the project.
While companies invest crores for branding, Mawmluh Cherra Cements Limited as a brand already stands well recognized owing to the superior quality of the cement it produces.
Mawmluh Cherra Cements Limited: Goverment will still excersim decision making powers
It may be mentioned that despite the idea of privatisation being raised, the government will still exercise decision-making powers and have its fair share of the cement company’s total income.
The cement company has been facing a huge downfall since 2007-08. Between 2018-19, the cumulative losses rounded up to Rs 234 crores, and by the end of September 2020, Mawmluh Cherra Cements Limited owed Rs 60.75 crores to the concerned departments, contractors, employees and suppliers.
ARUNACHAL PRADESH: CM invites tourists via Twitter; advertises for Mechukha
Chief Minister Pema Khandu tweeted with a thrilling and adventurous video titled “Menchukha Adventure Park”.
“Arunachal Pradesh has reopened for domestic tourists. If you are willing to try as many adventure sports activities, Mechukha offers the best bet. Vast grassy plains, serene valley with gurgling river. Once you are in, adventure never ends.” Khandu posted the aforementioned tweet on October 1 at 4:38 pm, encouraging and promoting tourism, and at the same time, welcoming domestic tourists to make the most out of the present.
ASSAM: Allahabad Bank, Oriental Bank and United Bank of India Cheque Books to be invalid from 1st October
Mutual Fund, Payment via Debit Card, Cheque Book rules to be altered from 1st October onwards.
According to sources, employees who are below 35 years of age have to invest 10% of the compensation in units of their mutual fund schemes in the first year.
While, the Cheque Books of Allahabad Bank, Oriental Bank, and United Bank of India will be invalid from 1st October.
Additionally, Suryoday Small Finance Bank wrote on its website, “due to operational reasons, Suryoday Bank ATMs will be discontinued w.e.f. 1st Oct 2021. However, one can continue to use their Suryoday Bank ATM/Debit Card at any other Bank’s ATM for your cash withdrawal requirements” are among other major changes.
MANIPUR: Thoubal police and commando seizes Fake currency worth Rs 4 crore; arrests two
Fake currency notes of Rs 1000 denomination amounting to Rs 4 crore was recovered by a team of Thoubal police and commando. Two persons from Keirao Khuman Lok was arrested.
As per the sources, the Thoubal police team received inputs about the printing of fake Indian currency notes at Keirao at around 3 am.
Based on the information, the joint team under the supervision of Thoubal SP Haobijam Jogeshchandra rushed to the spot and carried out a cordon and search operation.
During the operation, the joint team searched a hut at Keirao Khuman Lok owned by one Chungkham Dewan (50) of Keirao Wangkhem, Ngariyan Chingkhong Lei-kai, during which the fake currency notes were found.
On questioning at the spot, Chungkham Dewan disclosed that packing and binding of the fake Indian currency notes were done along with one of his associates, Chingakham Surchandra (40) s/o Deben of Keirao Wangkhem, Ngariyan Chingkhong Leikai. Chingakham Surchandra was also pulled up by the police team for questioning and verification in a follow-up action.
Furthermore, the duo disclosed that the seized fake currency notes were handed over to them by one Thongram Tony of Thiyam Konjin Makha Leikai, presently staying at Keirao Bitra and his nephew Thongram Arun of Keirao Thiyam Khunjao.
Chungkham Dewan and Chingakham Surchandra have been handed over to Irilbung police station along with the seized fake currency notes.
MIZORAM: Organisations call for resignation of three MLAs due to poor roads
Several organisations and a road monitoring committee in Chawngte, Mizoram’s southernmost Lawngtlai district, have demanded the resignation of three MLAs from Lawngtlai and Lunglei districts for alleged “laxity” in dealing with the hardship of people due to poor road connectivity.
They also vowed to strike on October 1 in Chawngte town, blocking government offices, banks, and other government establishments in protest of the government’s failure to repair the Chhumkhum – Chawngte Road, one of the town’s main thoroughfares.
According to a statement released on Thursday by the Chhumkhum – Chawngte Road Monitoring Committee, a meeting of the committee and several organisations in Chawngte town on September 29 demanded the resignation of lone BJP MLA Dr BD Chakma from Tuichawng constituency and Congress legislator C Ngunlianchunga from Lawngtlai West constituency in Lawngtlai district for allegedly paying negligence to road improvement.
It also sought the resignation of Dr K Pachhunga, a legislator from the ruling Mizo National Front (MNF), who represents Lunglei South, which includes the damaged Chhumkhum and Chawngte route.
NAGALAND: 500 business correspondents will be deployed in Nagaland by 2025
As India aims to induct 50,000 business correspondents (BCs) in all gram panchayats (GP) under “Mission One BC One GP”, Nagaland will deploy 500 BCs by 2025.
Imtimenla, the director of Nagaland State Rural Livelihood Mission (NSRLM) and Rural Development joint secretary stated this during a programme organised by NSRLM at RD Conference Hall, as part of the ‘Azadi Ka Amrit Mahotsav’ programme held to mark 75 years Independence of India.
She mentioned that the main objective of the State-level celebration programme was to hand over the Indian Institute of Banking and Finance’s (IIBF) digital certificates to BCs, also known as Digipay Sakhi.
Imtimenla said 59 women SHG members were handed over digital IIBF certificates at the programme, who passed the IIBF certification course in March 2021.
She informed that 92 women SHG members had undergone training at Peren Rural Self Employment Training Institute (RSETIS) and had appeared for the IIBF certification examination, out of which 59 passed in March 2021.
They also received biometric fingerprint devices and have started doing transactions in villages, she added. The initiative was appreciated by Special guest Abeinuo Jasmine, EAC (Estt), Kohima district.
She also lauded banking institutions and all stakeholders for giving their best in the initiative and remarked that with the intervention of banks, a dream of having a financially literate population of the country and State was now turning into a reality.
SIKKIM: Sikkim’s Leezum and Leepandi in Nepali music projects
Leezum Lepcha and Leepandi Lepcha, a Sikkim sisters’ duo, have returned home following their musical video endeavours in Nepal. At a press conference held on October 1, the sisters talked about their upcoming Nepali music videos.
Working with renowned vocalist Uday Sotang and prominent Nepalese actors Dayahang Rai and Aryan Sigdel in Nepali musical videos was described as a learning experience.
Leezum Lepcha and Dayahang Rai are featured in a new music video titled “Jogi,” which is sung by renowned vocalist Uday Sotang. In another Uday Sotang music video, ‘Oye Mori,’ she collaborated with actor Aryan Sigdel. Rajesh Puma Rai directed the music videos for both songs.
She made a debut in the Nepali music video “Ojhal Timi” from Sikkim. Leepandi Lepcha made her singing debut in the new song “Euta Kura” by her favourite musician Uday Sotang, in which she also acted. Working with Uday Sotang and other professionals, on the other hand, was an exciting and learning experience for Leepandi Lepcha.
TRIPURA: Khowai Traffic unit confiscates huge quantity of Drugs; three peddlers arrested
Khowai Traffic personnel during daily course of patroling confiscated a truck transitting through Singicherra road at Naka point, carrying a huge quantity of Cannabis and Heroin.
Three drug peddlers in the act, Sanjoy Debbarma and Murcha Debbarma both residing from the Lefunga area under Mohanpur subdivision alongside Sujit Debbarma of Jampuijala, were arrested.
Specified police sources state the truck rg. (WB-06-C-0466) was travelling towards Dharmanagar from Mohanpur and the three detainees were later produced before the court under the Drugs and Psychotropic Substances Act, 1985 (NDPS act).
