Friday, December 13, 2024
spot_img

Govt nod to MCCL joint venture

Date:

Share post:

spot_img
spot_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_img
spot_img

Related articles

Sikkim CM takes stock of preparedness of Maghey Mela

Gangtok, Dec 13:  Sikkim Chief Minister Prem Singh Tamang chaired a meeting for the celebration of the upcoming...

Economic and digital corridors to maritime connectivity, India and Italy building vision for future, says Italian Ambassador

New Delhi, Dec 13: India and Italy continue to work towards enhancing collaboration in maritime and land infrastructure...

3 Cong MDCs withdraw support to NPP-led KHDF in KHADC

  Shillong, Dec 14: The three Congress MDCs on Friday finally withdrew support from the NPP led Khasi Hills...

India has become world’s 3rd largest domestic aviation hub in last 10 years: Union Minister

Kolkata, Dec 13: Civil Aviation Minister Kinjarapu Rammohan Naidu on Friday said that in the last 10 years,...