Skip to main content

Bandhs caused huge loss of Rs. 1319.96 crs during last three years

IMPHAL, Aug 19: The accumulated losses to the economy of the state due to bandhs and economic blockades during the period from 2004-05 to 2006-07 (i.e. three years) was estimated at Rs. 1319.96 crores, the state directorate of information and public relations stated today in a report.The economic loss due to bandhs and economic blockades on the national highways during the year 2004-05, 2005-06 and 2006-07 was Rs. 246 crores, Rs. 553.23 crores and Rs. 520.73 crores respectively while the loss in the per capita per day was Rs. 22, Rs. 24 and Rs. 27 respectively. Thus the accumulated economic loss during the last three years has been estimated at Rs. 1319.96 crores, it said.Reduction of per capita income due to bandhs and blockades was 6.10 percent in 2004-05, 11.79 percent in 2005-06 and 9.93 percent in 2006-07 upto January this year, according to data available with the state department of economics and statistics.An analysis of the Manipur government said that the number of bandhs and economic blockades was highest in Manipur compared to other states in the country, it said.People in Manipur experienced a total of 110 bandhs and 234 economic blockades in the last three consecutive years.A total of 20 days and 60 days economic blockades were called by different organizations in 2004-05, 48 days and 97 days respectively during the year 2005-06 and a total of 42 bandhs and 77 economic blockades were experienced by the people of the state in the following year, according to the compiled data.The All Naga Students’ Association, ANSAM, a Naga students’ body in Manipur and Meetei Eyek Erol Loina Shillon, a body spearheading a campaign for replacing Manipuri-Bengali scripts by indigenous Meetei scripts topped the list among the organizations which launched bandhs and blockades during the last three years in Manipur.The department has been studying the impact of bandhs on the economy of Manipur and calculated the loss per capita for each year and total loss to the economy each year.The annual growth rate of Manipur during the 10th five year plan was lowest in India, according to the data prepared by the planning commission of India which was circulated in the National Development Council meeting held last year.The growth rate projected for the state during the 11th five year plan which started April 1, 2007 is also one of the lowest as it targets 5.9 percent per annum. (IFP)

Comments

Popular posts from this blog

KCP(MC) is the proxy of security forces, say KYKL and UNLF

IMPHAL, May 30: The KYKL and the UNLF, in a joint communique to the press condemned the bomb explosion at the RIMS within the office complex of the institute`s director, Dr. Fimate, calling it an act of terrorism calculated to tarnish the image of the revolutionary movement in the state.The joint statement said, intimidating the sick and ailing is an unforgivable act of inhumanity, adding that under humanitarian norms hospitals are spared even during the most bitter wars.The two underground organisations said the pattern of these assaults by the KCP(MC) should have made it clear to everybody by now that the KCP(MC) is the masked proxy of the Indian forces with an agenda to alienate the revolutionary campaign waged by revolutionary organisations from the people.It however said this campaign by the "Indian Occupational Forces" would boomerang on it sooner than later.Explaining further, the two outlawed groups said the KCP(MC) is now holed up within the IG (AR) South headquarte...

Financial literacy campaign

Imphal, June 01 2009: A campaign on utilizing money in proper way was conducted at Sheema Theatre, Thoubal Bazar today as a part of ongoing awareness campaign of the National Alliance for Financial Literacy (NEFA) in collaboration with Bank Project, RDO, Lamshang with the assistance from the City Bank Centre. The occasion was graced by chairperson of the Thoubal Municipal Council, Athokpam Ongbi Manjuri as chief guest, programme officer of the Loyalam Bank Project, RDO, Lamshang,, Longjam Sudhirchand and operational officer of the UBI Thoubal Branch RK Sanajaoba attended as guest of honour. Project coordinator of the Loyalam Bank Project, Hemam Ringo and assistant manager, NABART, L Naocha spoke as resource persons of the campaign. Chief guest, Manjuri said, the campaign is mean for the welfare of the people. As women are taking main role in the family maintenance, they should keep the habit of collecting and depositing the left out money. They should also help family by engaging in ha...

NAGALAND GOVERNOR ACHARYA VISITS INA MUSEUM AT MOIRANG

IMPHAL, Mar 5 (NEPS):  Governor of Nagaland PB Acharya along with his lady wife visits Indian National Army (INA) Museum at Moirang, Manipur on Wednesday. The Indian National Army (INA) War Museum in the INA Memorial Complex in Moirang is the only official museum dedicated to the Second World War in Manipur today. Its focus is primarily on the rise of the INA and on the role and activities of Netaji Subhash Chandra Bose in particular. Relics of war from across Manipur dating back to 1944, including arms and ammunition, bayonets, helmets and bottles, among others, are also displayed here. During World War II, Moirang was the headquarters of Azad Hind Fauz. Colonel Shaukat Malik of the Indian National Army, (INA) hoisted the Tricolour for the first time on Indian soil on 14 April 1944, in Moirang with the help of Manipuris like Shri Mairembam Koireng Singh and others who were members of the INA. Moirang is a city and a ...