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Guwahati: From brewing and selling country liquor to weaving exquisite fabrics and also finding a market in neighbouring Bhutan, the women of Chatra, a remote village in Assam’s Nalbari district, have not just elevated themselves to a respectable profession but have changed the image of their village for the better.
Chatra, located about 20 km from Nalbari town in Lower Assam, was till 2009 identified as a liquor den and mostly visited by those looking for moonshine when the women, mostly belonging to the Bodo community decided to switch over to weaving, a skill at which most Assamese women and girls are best at.
They joined hands with Gramya Vikash Mancha (GVM), an NGO that arranged for their advanced training in weaving and tailoring.
The Nalbari district used to be a hotbed of insurgency till the late 1990s and its people suffered a lot due to the frequent military operations. The insurgency had severely affected development in the district till a few years ago.
Padma Boro, one of the women in the village, took the lead and soon encouraged 30 others, “mostly unmarried women and widows”, to abandon country liquor for weaving. The state-owned Northeastern Development Finance Limited (NEDFi) then stepped in to provide to them training on looms at Nalbari’s Industrial Training Institute and took them to Kokrajhar, where they interacted with handloom weavers of the same community and understood the specific market demands.
Back home, they managed two looms of their own while NEDFi provided another eight looms, warping drums and other accessories. The NGO built a temporary shed in the village and their journey began. They produce mekhela chadar (used for making traditional women’s dresses), gamocha (traditional towel), dokhona (used for making traditional dresses of Bodo women) and fabric for traditional robes of neighbouring Bhutan – and made a profit of Rs 80,000 last year, which is expected to rise manifold this year.
The NEDFi has been set up to hasten economic development in the northeastern region by identifying and financing commercially viable industries, providing advisory and consultancy services, promoting entrepreneurship through effective mentoring, skill development and capacity building of micro, small and medium enterprises and generating sustainable livelihoods through micro finance and CSR activities.
“It was very tough to convince the village women to leave hooch making as it was already a good source of earning for most of the rural Bodo women. But it not only painted a bad image about the village as a liquor den and the women did not get time to properly attend to their children. Very few children attended school and the customers who came to the village for drinking often created a ruckus. But as soon as we started weaving and our products started getting good markets, it made them confident about switching over to weaving from selling liquor,” Padma Boro told IANS.
The Bodos are the largest plains’ tribe in Assam and the laopani (rice beer) is a traditional brew made by the community. The laopani is consumed in each household in limited quantity and even used in religious rituals of the community. However, due to poor financial status and lack of opportunities to supplement the family income, women of some of the communities had taken to making country liquor and selling this for hefty profits in some places in the state.
“While the girls and women of our village learn the weaving skills from very tender age, the intervention by the GVM and NEDFi helped us by giving new and attractive designs and the technology to do it better in lesser time. Most women learn the basics of weaving at their homes since childhood and so it took less time for them to pick up the new designs and technology,” Boro said.
“I was making country liquor and used to sell it. I have been making it for years and there was no other option for us to earn a livelihood. Lots of people used to come to my house for a drink and I was earning good enough to live a solitary life. However, Padma baideu (Assamese for elder sister) came to me one day and said that by weaving, I can earn almost equally and live a good life. I decided to go with her as it is honourable work to weave. I was selling the liquor only due to compulsion and why should I sell it when there is a dignified way of earning my livelihood,” asked Rebati Swargiary, a widow who joined Boro’s movement in 2010.
The indomitable spirit of the group encouraged NEDFi to scale up its activities by providing a Common Facility Centre under a joint CSR project with IDBI Bank. To take the project forward, the Bagurumba Weavers’ Development Trust was formed with Padma Bodo as its managing trustee. It purchased a 7,600 sq ft plot, constructed a 2,000 sq ft building and bought new looms and accessories.
“The new building consists of a display room, store, office and a hall accommodating 18 looms. It really feels good to see the rural woman joining hands and improving their lives. Children of the village now go to school and things in the village are changing very fast for the better,” said NEDFi deputy general manager Ashim Kumar Das.
The movement started by Padma Boro has not only given the women financial independence but also a dignified life.
By- Blogger Indifi
EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.
Three parameters based on which EMI calculator works:
- Loan amount.
- Repayment tenure.
- Rate of interest (offered by the lender).
Factors that affect the Loan EMIs
Above, we have discussed the main parameters on which loan EMI is based. Here are the factors that affect the EMIs.
Changes in the loan interest rate: There are three loan interest rates -- fixed, floating, and hybrid.
When an interest rate offered on a loan is fixed, in that scenario, there are no changes in the EMIs.
A floating interest rate is linked to the marginal cost of the fund-based lending rate and can change the loan EMIs. As the rate is flexible, it keeps changing per the repo rate.
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If you have taken the loan on a hybrid interest rate, the interest rate is fixed only for a particular tenure. After that, it is on MCLR to decide the interest rate, and based on the determined interest rate, the EMI changes.
Tenure: When you opt for a loan transfer from one lender to another, there may be a possibility of change in the loan tenure. It will also bring changes in the EMI calculations. If the tenure increases, it will decrease the EMI. In case the tenure is reduced, EMI will increase.
Sample loan chart of a business company Image source: wikimedia commons
The loan amount of repayment is also a reason that affects a loan's EMI. If you make a loan prepayment, it reduces the outstanding principal amount, based on which the EMI amount or tenure is changed.
Benefits of using an online EMI calculator:
- Find out exact EMIs to be paid monthly for any loan.
- Saves time.
- Get a detailed overview of loans applied using the amortization schedule.
- Plan your monthly finances well in advance.
You can set multiple schedules and loan tenures. After a detailed schedule comparison, choose the one that suits well with your financial requirements.
Significance of loan amortization schedule in EMI calculator
A loan amortization schedule data shows the EMI break-ups. It shows how much EMI you need to pay for interest and what you will pay as the principal amount. It is one of the most significant advantages of using the EMI calculator. The EMIs that you pay as principal will keep reducing the loan's principal amount. It will also result in decreasing the interest amount. You will get to know all these things when you use the EMI loan calculator frequently. The amortization schedule is one of the essential features of an EMI loan calculator that helps design the proper prepayment schedule.
The different types of EMI calculators
Home loan EMI calculator
Home loans are one of the most popular and common loans applied for in India. It has a long tenure and a sizable principal amount. Whenever you apply for a home loan, it is essential to do all the EMI calculations in advance. There are various home loan EMI calculators available online with every home loan provider. All that is required to calculate the EMI is the loan amount, tenure, and interest rate. Using a home loan EMI calculator can help you easily plan your finances.
Business loan EMI calculator
Like home loans, business loans also come with a massive principal amount and longer tenures. So, using the business loan online EMI calculator is a smart way to calculate the business loan EMIs. Requirements are the essential loan details, such as repayment tenure, interest rate, and the loan amount. Online, equated monthly installment is automatically calculated at the lender's website.
Personal loan EMI Calculator
Personal loans are multipurpose. It is the reason they are considered as the most applied loan to meet immediate financial requirements. For choosing the right loan amount, you must use the personal loan EMI calculator. It will help you to choose the best interest rate loan offer and tenure. Try to go with the shorter term to pay less interest on the principal amount.
Sample of External Loan amounts Image source: wikimedia commons
Education loan EMI calculator
Education costs increase each year and can cause financial strains on a family. If you are planning to send your child overseas for higher education by applying for an education loan, at that time, the EMI calculator proves to be the best online financial tool. It will help you to decide the right EMI amount where your daily expenses remain unaffected.
Simple interest loan EMI calculator
An EMI calculator is used to calculate the simple interest applicable on the loan amount for a specified tenure. It is one of the most accessible financial tools. All that is required is tenure, a simple interest rate, and the borrowed amount. After that, click on 'calculate' to know the exact EMI to be paid.
Loan against property EMI calculator
If you have any residential or commercial property registered in your name, you can apply for a loan against the property. It is a kind of secured loan, where the property is kept as collateral. To understand how EMI works under this loan scheme, use the loan against the property EMI calculator.
Overall, EMI loan calculators are one of the best financial tools to compare varied loan offers. It provides a clear picture of the total cost of the loan and respective EMIs to be paid monthly. Online EMI calculators are available on every lender's website; whether you are applying for a business loan online, home loan, car loan, personal loan, or any other loan, using the online EMI calculator can help. Just with a click of a mouse, you can keep control of your financial life.
The online EMI loan calculator has been programmed with the formula based on the loan applied. There is no need to worry about the accuracy of the result. All that you are required to share for the calculator to do its job accurately is the right amount, tenure, and interest rate offered by the lender.
Disclaimer: (This article is sponsored and include some commercial links)
The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.
The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.
Austria, France, Latvia, Spain, Germany, and Russia are amongst the many countries that have banned the display and use of the Swastika.
Moreover, last week Victoria in Australia is preparing to become the first-ever state to ban the public display of the Swastika. This is a step towards an expansion of anti-vilification laws in the state.
Representation of the Swastika on the flag of Adolf Hitler's Nazi Movement.Photo by Flickr.
Now, we must know and understand what went wrong with this symbol, which is sacred and signifies all-good things.
For a very, very long time, in India, the Swastika is the first emblem that is worshipped or even drawn before any sacred and auspicious ceremonies as this symbol in Sanskrit represents 'well-being'. But, the Swastika lost all its credibility when it was wrongfully used by Adolf Hitler.
In fact, it is believed that if this symbol is worshipped properly, then it gives positive results. But if it is abused, then it gives negative results. So, when Adolf Hitler rotated the Swastika at 45 degrees, it slowly and steadily brought misery not only to Adolf Hitler and his theory of Nazism but also to all the people who were associated with him.
Therefore, in order to give the kind of respect and credibility which the Swastika deserves, World Interfaith Harmony Week which was held in New York in February this year, interfaith groups appealed to the United Nations to recognize and acknowledge the Swastika as an important and peaceful symbol. In fact, they also differentiated it from the Hakenkreuz or "Hooked Cross" of Adolf Hitler.
Keywords: Swastika, Symbol, Nazism, Hinduism, Adolf Hitler, United Nations, Buddhism, Jainism
India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.
Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.
In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018. | Wikimedia Commons
Chopra's first international medal came in 2014, as he took home a silver medal at the Youth Olympic Qualification Tournament in Bangkok. In 2015, he set a world record in the junior category of 81.04 meters in the 2015 All India Inter-University Athletics Meet.
Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance, setting an Under-20 world record of 86.48m, which still stands. Gold medals in both the 2018 Commonwealth Games and the 2018 Asian Games are among his other accomplishments, including a first-place in the 2017 Asian Championships. In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018.
Chopra has also had his share of bad events in life. In 2019, he underwent surgery on the elbow of his right throwing arm, which kept him out of the game for almost a year. However, he returned more robust than ever. In November 2019, he went to South Africa to train from Klaus Bartoneitz. He spent the following year in India training at the NIS Patiala because of the COVID-19 pandemic. He was allowed to go to France with his coach after weeks of trying to get a travel visa.
Neeraj Chopra made history in the 2020 Tokyo Olympics by becoming the first Indian to win a gold medal in athletics. Also, it is worth mentioning that after Abhinav Bindra, Chopra is only the second Indian to win an individual gold medal.
Keywords: Neeraj Chopra, Olympics, Tokyo2020, Gold medal, javelin, India, Haryana