Punjab National Bank (PNB) in a credit disbursement camp held recently at NIRD, Guwahati, disbursed loan amounts up to rupees 51.20 crore to 408 customers. These loans were given for self employment activities under Mudra, Stand Up India & other MSME schemes, where the entrepreneurs from different parts of Northeast attended the camp.
“PNB will focus on collateral free loans to small entrepreneurs to create self employment in a big way,” said Ved Mathur, general manager of PNB adding that the bank sanctioned rupees 2628 crore loans on pan India basis to 365000 customers under Mudra and rupees 735 crore loans to 3400 borrowers under Stand Up India Scheme.
Speaking on this occasion, PNB’s circle head SK Dash said that their bank sanctioned MUDRA loans to 3656 customers amounting rupees 38.84 crore in Guwahati circle in this financial year.
“Under MUDRA, the PNB is providing collateral free loans at very nominal rate of interest. It also sanctioned 38 Stand Up India category loans amounting rupees 7.39 crores in the region,” stated Dash adding that the total business performance of PNB’s NE circle as on 31 December 2016 is 8751 crore.
PNB official Krishan Kumar, while offering the vote of thanks informed that the PNB was providing 20% concession in processing fees to MSME borrowers, who applied online for loans under MSME. He commented that the doors of PNB are always open for the MSME entrepreneurs.
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The Arunachal Pradesh chopper carrying the Tirap Deputy Commissioner is believed to have crashed somewhere in the sky on Tuesday.Local residents in Kalugaon area bordering Arunachal Pradesh told...
21 Jan 2015 - 11:32am | AT News
Congress leaders and workers, mostly, are unhappy with the reshuffle move where Gaurom Roy is likely to be dropped.Minutes after the Barak valley leader put in his papers, Congressmen have started...
12 Jul 2008 - 10:40pm | editor
Critical to the progress towards prosperity in NER is its liberation from economic imprisonment. This would require a qualitative change in the relationship of the country with the neighbouring...
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The valedictory function of the three-week-long "Multi Skill and Leadership Development Programme" was held on July 31 at the State Museum Auditorium. Altogether 75 participants from various parts of...
Assam TMC chief Ripun Bora on Thursday in a couple of tweets expressed his angst for the inaction of the Central Government in not taking any steps to investigate into the alleged links between Assam CM Dr. Himanta Biswa Sarma and BJP leader Ram Madhav with terrorist outfit. In a tweet, Bora questions the credibility of the Government of India as it has been using central agencies like CBI & ED against opposition leaders all the time. Then why is GOI silent on the allegations of Assam CM Dr. Himanta Biswa Sarma being involved with Kuki militants in the Manipur election in 2017? Bora demanded a NIA probe into the allegations and arrest of Sarma under NSA Act. Meanwhile, he also stated...
Here's an appeal for donations for the relief effort currently being undertaken by by Rural Women Upiftment Society, Manipur.
Online donations can be made to the organisation through at https://milaap.org/fundraisers/support-rural-women-upliftment-society .
Dear friends,
The devastating ethnic violence and arson that unfolded in Manipur since May 3rd, 2023, have left a trail of destruction, claiming the lives of over 100 people, injuring more than 5,000, and displacing an estimated 70,000 individuals. Numerous homes, villages, and churches have been reduced to ashes, leaving families without shelter or land to return to. The situation is dire and urgent...
In a devastating incident on 2 June 2023, three trains collided near the city of Balasore in Odisha, resulting in a catastrophic loss of life and a large number of injuries. The collision involved the 12841 Coromandel Express, the 12864 SMVT Bengaluru–Howrah SF Express, and a goods train near the Bahanaga Bazar railway station.
The incident has sent shockwaves throughout the country, and questions are being raised about the safety measures in place within the Indian Railways. The Comptroller and Auditor General (CAG) of India has previously published an audit report exposing the neglect of crucial rail safety by the Modi government and Rail Minister Ashwini Vaishnaw. The report revealed...
Guwahati: The All Assam Engineers' Association (AAEA) has strongly called for the demarcation of the Assam Engineering College campus and the construction of a solid boundary wall to safeguard the prestigious institution in Jalukbari, Northeast India. The organization, while expressing condolences for the recent tragic incident that claimed the lives of seven AEC students, emphasized the need for a secure residential campus where hostel residents cannot venture out after specified evening hours.
Following the incident, concerns were raised regarding security measures at the college. The AAEA's statement highlighted the fact that the AEC campus is no longer isolated as it was decades ago...
An undying orgy of violence in Manipur puts Chief Minister N Biren Singh in a tough time to continue his second consecutive term.
Highly placed sources have said the escalating tension in the BJP-ruled north eastern state is forcing the party leadership to consider a change in the state government leadership as an urgent measure to help the state bail out of the crisis that has left 53000 people homeless so far.
Union Home Minister Amit Shah, who is on a four-day visit to the restive state, is learnt to have been considering all possible aspects to quell the situation.
The symbolic anthem “We Shall Overcome” reverberated the air filled with tears and fears. All...
Guwahati: Expressing profound grief at the demise of seven brilliant students of Assam Engineering College (AEC) in a tragic late-night accident on 29 May 2023, All Assam Engineer’s Association (AAEA) urges the college authority to impose some basic disciplinary measures urgently. The forum of graduate engineers (many of them AECians) also wishes an early recovery to all the injured students and others in the fatal road mishap.
The AEC Hostel 7 boarders were returning to the residential college campus from western part of the city and faced the accident near the Jalukbari overbridge. The luxury car carrying ten students hit the divider first and then a goods carrier on the other...
In Manipur, tensions have reached a critical point as demands for the removal of Chief Minister Biren Singh or the appointment of a Kuki MLA as Deputy Chief Minister have escalated. The situation took a turn for the worse a day before the scheduled visit of Home Minister Amit Shah, as sporadic gunshots were reported throughout the region.
Chief Minister Biren Singh, amidst the growing unrest, has made a bold claim, stating that security forces have successfully eliminated 40 militants since the conflict began. However, these assertions have not been independently verified, leaving room for skepticism and further fueling the already volatile atmosphere.
A surge in violence was...
In a tragic road accident that occurred in the Jalukbari area of Guwahati seven engineering students died at spot last night. According to reports, a group of 10 Assam Engineering College (AEC) students traveled in a scorpio car. Seven of the students died after their vehicle colliding with a bolero pick-up van. Besides, five others including the driver and handyman of the pick-up van were seriously injured in the accident. The deceased students hailed from different parts of the state including Guwahati. They were identified as Kaushik Barua (Mangaldoi), Kaushik Mohan (Sivasagar), Raj Kiran Bhuyan (Majuli), Imon Barua (Dibrugah), Arindam Bhowal (Guwahati), Upanshu Sarma (Nagaon), and...
In a show of solidarity, Manipur fire service personnel commenced an indefinite cease-work strike on Tuesday to protest against the assault on their colleagues by personnel belonging to the 16 Jat Regiment. Firefighters are demanding immediate action against the individuals responsible for the incident, which involved a lathi charge on the firemen. Salam Jiban, the Sub-Officer of Manipur Fire Service Headquarters, stated that the strike was initiated in response to the assault on five firemen near the City Convention Centre, located just a few meters from the new check post in Imphal East. He emphasized that the fire personnel were simply carrying out their duty to extinguish a fire in the...
Guwahati: WWF-India Assam State Office marked the International Day for Biological Diversity on 22nd May with an engaging awareness program held at the Aquaculture and Biodiversity Centre, supported by the Zoology Department of Gauhati University. The event aimed to educate students from various colleges and universities about the significance of biodiversity conservation.
Mrs. Archita Baruah Bhattacharyya, the State Coordinator of WWF-India Assam State Office, delivered a warm welcome address to the participants, which included students from esteemed institutions such as the Department of Environment Science, Gauhati University, National Law University & Judicial Academy, Assam...
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