It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
The MLAs who joined the BJP were Ngamthang Haokip, Y Surchandra Singh, S Bira Singh MLA and O Lukhoi Singh.
A total of 1.79 lakh hectare agricultural land was submerged and around 90 per cent of rhino habitats -- the Kaziranga National Park and the Pobitora Wildlife Sanctuary -- are under water.
While the BPF and the UPPL are considered rivals in the Bodo-dominated areas, there was no pre-poll alliance among other parties as well.
India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan.
The first election that the US and UK-trained Conrad Sangma, who now runs the National People's Party (NPP) formed by his father PA Sangma, fought in 2004 had resulted in a narrow defeat.
A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.
Assam chief minister Tarun Gogoi has stated that backward state of Assam and the Northeast region as a while need more fund from the Centre instead of frequent visits of Union ministers, a new and unprecedented trend since Independence.
'Himanta Biswa Sarma has put a lot of effort in demonising Muslims this time.'
According to official figures, only 30 per cent of the total population in Assam has bank accounts, reports K Anurag
In a series of tweets, the senior leader of the ruling Bharatiya Janata Party also alleged that the legacy data were manipulated for including names of doubtful persons as alleged by many.
Despite high exposure to floods, Assam, Bihar, Uttar Pradesh, Odisha, and Sikkim are the best performing states in terms of flood early warning systems (EWS), according to the report by independent policy research think tank The Council on Energy Environment and Water.
The Assam finance minister said that it is not possible for the person to go back to his country of origin and collect a copy of police report to show that he was subjected to religious persecution.
The GST Bill, seen as single biggest tax reform in a long time, needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues
Following passage of the Constitution Bill, 2014, Dass and Finance Minister Himanta Biswa Sarma, who introduced it in the House, exchanged sweets.
The United Liberation Front of Assam (anti-talks faction) on Wednesday claimed that it has executed its self-styled 'assistant finance secretary and the commander (operation) of eastern command' captain Partha Asom on charges of treason after conducting a trial.
The Assam government will have a crack Special Task Force soon to carry out specific operations against insurgents as initiatives for the same has been started after getting approval from the state's finance department. The force is being launched in the style and format of the Greyhound Battalion in Andhra Pradesh and is expected to be made operational within two months.
The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday. The collection from Goods and Services Tax (GST) was Rs 1,43,612 crore in August 2022. "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Malhotra told reporters.
Sarma assured the actor that his government will enquire about the demonstration against the movie and ensure that "no such untoward incidents" would occur again.
The government on Saturday imposed a 40 per cent duty on the export of onions to increase domestic availability amid signs of increasing prices. The export duty, which is the first time ever on onion, has been imposed as the retail sale price of the kitchen staple, according to government data, touched Rs 37/kg on Saturday in Delhi. The finance ministry through a Customs notification imposed a 40 per cent export duty on onions till December 31, 2023.
The main Opposition parties in Assam -- Asom Gana Parishad, Bharatiya Janata Party and All India United Democratic Front -- have come down heavily on the Congress government in Assam for presenting an 'election-oriented populist' interim budget for the year 2014-15.
'As demonetisation showed us, the Shah-Modi duo can take big risks.' 'Risking economic damage for political benefit, however, is one thing, stoking old fires in complicated Assam is another', warns Shekhar Gupta.
Andhra Pradesh, Gujarat and Telangana are among the seven states categorised as top achievers in the ranking of states and Union Territories based on the implementation of the business reform action plan 2020, according to a report released by Finance Minister Nirmala Sitharaman on Thursday. Himachal Pradesh, Uttar Pradesh, Odisha, and Madhya Pradesh are the other states categorised as achievers in the ranking.
Tarun Gogoi, who steered the Congress to a spectacular win in Assam, will be sworn-in as chief minister for the third consecutive term on Wednesday, Pradesh Congress Committee sources said on Monday.
"I don't want to be decided by the prime minister but he knows what he is saying is not true," Singh told reporters after casting his vote at Dispur Government High School in Guwahati.
The United Liberation Front of Asom has kidnapped the son of a Bharatiya Janata Party leader from Assam and demanded a ransom of Rs. 1 crore.
Labelling All India United Democratic Front chief Badruddin Ajmal as the 'enemy of Assam', state minister Himanta Biswa Sarma on Sunday asserted that he is an extremist in protecting Indian and the Assamese culture.
Sparks flew on the first day of the debate on the no-trust motion moved by the Congress with the Opposition on Tuesday asserting that it was forced to do so to break Prime Minister Narendra Modi's 'maun vrat' (vow of silence) on Manipur and the treasury benches hitting back saying it was a no-trust vote against a 'poor person's son' who has worked for the welfare of the people.
Bandhan Bank has declared disappointing results for the first quarter of the 2023-24 financial year (Q1FY24). While the market has been braced for known issues around microfinance exposures in West Bengal and Assam, there is higher stress in the portfolio. This means higher credit costs and poorer asset quality, leading to target downgrades by analysts.
Assam's new Director General of Police, Khagen Sarma on Friday said that Pakistan's spy agency Inter Services intelligence and other external forces are behind United Liberation Front of Asom (anti-talks) faction leader Paresh Baruah's efforts to form a common force comprising all northeastern insurgent groups to fight Indian security forces
The contentious Citizenship (Amendment) Bill, 2019 (CAB), which generated widespread protests in the north-eastern states, is expected to be tabled in the Lok Sabha on Monday for consideration and passage.
Scheduled to be completed in 2016, the 4.94 km rail-cum-road bridge, India's longest bridge, will come up across the mighty Brahmaputra at Bogibeel in Assam. It is not only expected to be a lifeline for the Northeast, but will also strengthen the country's security.
the PM has announced a Rs 100 crore corpus for setting up a research project to study the Brahmaputra and its role in creating devastating flood.
One militant was neutralised by the security forces.
Madhav made the statement when asked why Sarma cannot contest despite being responsible for 25 seats.
UP Rs 50 billion, followed by Maharashtra, Bihar, and West Bengal which may need close to Rs 25 billion for the massive task.
The Income Tax department Saturday issued an advisory that those permanent account numbers (PAN) which are not linked with Aadhaar by the end of March next year will be rendered "inoperative". "What is mandatory, is necessary. Don't delay, link it today!" the department said in a public advisory. "As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31.3.2023. From 1.04.2023, the unlinked PAN shall become inoperative," it said.
On the Islamic State-style video sent by the ULFA-I to TV news channels, the DGP said it was the first time that such a video has been received.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
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