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RBI spreads its wings in northeast Indian states of Manipur and Mizoram

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NewsGram Staff Writer

New Delhi: Boasting of having offices in five of the seven northeast states, the Reserve Bank of India (RBI) declared on Saturday that it has opened two sub-offices in the states of Manipur and Mizoram.

Manipur Chief Minister O Ibobi Singh and RBI deputy governor Harun R Khan inaugurated the central bank’s sub-office in Imphal on Saturday, a RBI statement said.

The Imphal office, which will have a financial inclusion and development department, consumer education and protection cell and market intelligence unit, “will work in close coordination of the state government, NABARD and the banks for financial and banking development of the state,” the statement further said.

On Thursday, RBI Governor Raghuram G Rajan and Mizoram Chief Minister Lal Thanhawla inaugurated an RBI sub-office in Aizawl, with the same departments.

(With inputs from IANS)

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Prime Minister Narendra Modi Inaugurates Eight Projects in Manipur

Modi arrived at Imphal amid a shutdown and boycott imposed by some underground organisations protesting against his visit

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Modi. BJP
Modi to inaugurate several infrastructure projects in Odisha. VOA

Prime Minister Narendra Modi inaugurated eight projects during his one-hour visit to Manipur on Friday.

He also laid the foundation stones of four other projects which will be constructed at an estimated cost of Rs 1,500 crore.

Despite a boycott call given by some insurgent outfits, there was a huge crowd at Hapta Kangjeibung where Narendra Modi addressed a public meeting.

Modi said that most of the projects were delayed by the previous Congress government, thereby wasting more money. “If the projects had been completed without delay, people would have benefitted,” he said.

The Prime Minister said that helicopter services had been introduced for the people and the construction of the Jiribam-Toupul rail line was progressing.

He said that 18,000 remote villages in Manipur had been electrified.

Narendra Modi
Narendra Modi (Wikimedia Commons)

Narendra Modi praised Manipuri women for being in the forefront in all spheres. He recalled how Mary Kom, the international pugilist, had won fame for India.

“It is in appreciation of the brilliant sportspersons of Manipur that the National Sports University was opened in Manipur,” he said.

The Prime Minister said that Delhi was now closer to the northeastern region. He said: “As Prime Minister, I have visited the region 30 times.”

He said the Integrated Check Post at Moreh, the border town of Manipur, will benefit the people of both India and Myanmar in trade and tourism.

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Modi arrived at Imphal amid a shutdown and boycott imposed by some underground organisations protesting against his visit.

Normal life was disrupted during the shutdown. All shops, commercial institutes, schools and colleges were shut. (IANS)