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Almost 3 years and bank yet to recover it's overdue loan amount

By AG | Published: March 22, 2010
One of the key thrust areas announced by the Government when Dorjee Khandu took over the reign of state from the then Chief Minister Gegong Apang was to revive the sick lone state owned bank Apex Bank and to re-instill the faith of customers’. In this direction, the state government had taken a loan of Read more ...
Also posted in Arunachal Pradesh | 1 Comment

Was Rs. 225 Crores deal a smart move?

By AG | Published: July 3, 2007
On the one hand, New Delhi is holding the fate of the state to ransom-no one knows for sure what will be the final outcome of boundary settlement with China and on the other hand, as some quarters feels, the policy maker’s of our own state is holding the future of the state to ransom. Read more ...
Also posted in Arunachal Pradesh | 12 Comments

Revival Package for Apex Bank-would the package indeed revive the bank?

By AG | Published: June 20, 2007
When Dorjee Khandu took over the reigns of the state from Gegong Apang, he announced three thrust areas for his new government; 1. rooting out corruption from every corner, 2. streamlining of the PDS and 3. revival of sick Apex Bank. With public deposit base of Rs. 160 crores and bank going bankrupt, I wondered Read more ...
Also posted in Arunachal Pradesh | 2 Comments

Become a ‘Millionaire’ overnight

By AG | Published: December 4, 2006
What?” “How?” (On a second thought) “Are you kidding?” Of course not, this really is possible in the land of “Khusi Khusi” and that too legally – the only prerequisite being affinity to or acquaintance with some local politician. Read more ...
Also posted in Arunachal Pradesh | 1 Comment