Monday, September 15, 2025
spot_img

Govt nod to MCCL joint venture

Date:

Share post:

spot_imgspot_img

SHILLONG, July 19: The Cabinet on Monday approved the proposal to initiate the process of having a joint venture for the Mawmluh Cherra Cement Limited (MCCL).
Speaking to media persons after the Cabinet meeting, Chief Minister Conrad Sangma said that the MCCL has been subjected to financial woes. “The state government has to take a decision and prepare things to move forward as even the production in the MCCL is not taking place right now,” Conrad said.
The chief minister also informed that he, in the past 6-8 months, had held several meetings with stakeholders of the MCCL including employees, management, landowners, mine owners and global representatives.
He said the meetings explored the idea if the state government can invest Rs 190 crore to revive MCCL.
Conrad said the second option was to explore if a joint venture partner can be found while the third option was to close down the MCCL. “We have decided to clear the proposal to go for the joint venture, keeping in mind the inability of the state government to invest Rs 190 crore at this point of time.
We felt that the joint venture would be the best option,” he said.
Public schools to be brought under DSEL
Meanwhile, the Cabinet also approved the proposal to bring Pine Mount School and three other public schools in the state under the jurisdiction of the Directorate of School Education and Literacy (DSEL).
Speaking to reporters after the Cabinet meeting, Chief Minister Conrad Sangma informed that Pine Mount School and other public schools have been under the jurisdiction of the Directorate of Higher & Technical Education (DHTE).
“As you are aware, these schools are up to Class XII and all the higher secondary schools in the state are under DSEL. Therefore, we have taken a decision that the Pine Mount School and the three other public schools should also come under the jurisdiction of the DSEL instead of the DHTE,” Conrad added.

spot_imgspot_img

Related articles

Women’s empowerment key to India’s development journey: Manipur Guv Bhalla

Imphal, Sep 15: Manipur Governor Ajay Kumar Bhalla said on Monday that women empowerment has always been at...

Aadhaar mandatory for online ticket booking in first 15 minutes from Oct 1: Railways

New Delhi, Sep 15: In a major move to curb misuse of its ticketing system and ensure benefits...

Bangladesh: Another Hindu temple vandalised ahead of Durga Puja

Dhaka, Sep 15: In yet another disturbing attack on a Hindu temple in Bangladesh, miscreants vandalised idols and...

Meghalaya Cabinet reshuffle: Swearing-in at 5pm on Tuesday

Shillong, Sept 15: The much-anticipated Cabinet reshuffle of the Conrad K. Sangma-led Meghalaya Democratic Alliance (MDA) 2.0 government...