Economy / Manipur

IMPHAL, January 23:In an incident that has no precedent in Manipur, altogether nine loaded oil tankers were set ablaze by suspected underground militants this morning on National Highway 39, at a place close to Karong in the Senapati district. The tankers, six carrying petrol, two high-speed diesel and one kerosene, were returning to Imphal after loading up at Kharkoti, near Tinsukia in Assam. Each tanker was carrying 10 to 12 kilolitres of oil. The All Manipur Petroleum Products Transporters Association has since decided to suspend all services indefinitely in protest against the incident...

NEW DELHI, January 6 (PTI): After prolonged dithering, Manipur Government today submitted to the Centre a time-bound action plan to tackle insurgency and bring State out of the financial rut, besides agreeing to a CBI probe into scams relating to State lotteries and fake appointments. The plan, which was finalised after days of deliberations between officials of the Union Home Ministry and the state Government, also includes preparations of a counter-militancy plan, setting up of special security apex committee and an independent VIP security review committee. "I am extremely optimistic that...

IMPHAL, August 3: Starved by the inadequate supply of small denomination notes and coins, traders in Manipur have adopted a novel way to continue their daily business transactions by issuing objects of their own sweet will in place of coins or small denomination notes. However, for any tourist, either domestic or foreign, it is a matter of surprise when he or she is offered a few pieces of toffees or match boxes in lieu of changes. A trader said a parallel economies running in Manipur following the failure of the Reserve Bank of India to supply adequate currencies from its Guwahati office...

IMPHAL, July 21: A high-powered Central team today expressed concern over the smuggling of foreign goods through this border town in Chandel district bordering Myanmar, official sources said. The seven-member 'task force on boundary management' led by former Union Home Secretary Madhav Godbole also inspected border gates with Myanmar before holding a meeting with senior district and security officials. The team arrived in Imphal yesterday to assess the situation in the border areas of the state. Sources said Godbole wondered how the foreign goods were smuggled into the Indian side in spite of...

GUWAHATI, August 4: The North Eastern Development Finance Corporation Ltd (NEDFi) has sanctioned projects amounting to Rs 554 lakh in Tripura, Mizoram, Manipur and Assam. An official release said the statewise allocation was: Mizoram Rs 156.30 lakh, Manipur Rs 156 lakh; Tripura Rs 105 lakh and Assam Rs 137 lakh. NEDFi has sanctioned Rs 144 lakh as term loan to Greenwood Hospital Pvt Ltd for setting up a 59-bed hospital in Bawngkawn, Aizawl. It is an existing hospital with 30 beds on rented premises and is the only private healthcare unit providing tertiary healthcare facility in Mizoram...