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Indore, Jun 12 :  Confusion prevailed at the BJP- controlled Indore Municipal Corporation (IMC) when the recital of the national anthem 'Jana gana mana' was abruptly stopped by its members on Wednesday for singing of 'Vande Mataram'.

A video clip of the incident has gone viral on social media here, in which Mayor Malini Gaud, who is also a local BJP MLA, is also visible.

According to the eyewitnesses, the elected representatives and others present at the civic body's budget session the national anthem was being sung at the outset of the . However, after a few seconds some of the members abruptly stopped singing the national anthem and instead started singing 'Vande mataram', which they sang it till the end.

Corporators belonging to the opposition parties sought action against members for "insulting" the national anthem.

When contacted, IMC chairman Ajay Singh Naruka said, "The mistake was possibly committed following a corporator's slip of the tongue. I don't feel it was due to anybody's ill intention. So, the incident should not be blown up unnecessarily." 

Seeking to downplay the incident, he said that according to the tradition, the IMC's budget session kicks off with the recital of national song and ends with the national anthem.

According to sources, deliberately disrupting the national anthem or stopping its recital midway invites three years of imprisonment.                            [Agencies]

Mumbai, Jul 5: Following the footsteps of urban bodies like Hyderabad and Pune, Indore Municipal Corporation (IMC) today listed its bonds on the debt market platform of the National Stock Exchange (NSE).

IMC is the civic governing body of the city of Indore, ranked as the cleanest city in the country.

Indore Municipal Corporation issued bonds aggregating Rs 100 crore with green shoe option of Rs 70 crore on June 29 and received an overwhelming response with an over-subscription of 1.26 times.

"We have plans to tap bond market for the development of infrastructure in the state. After successful bond issue of Indore Municipal Corporation, we are expecting at least three more issuances of municipal corporate bonds from MP in next 3 to 4 months, namely Bhopal, Jabalpur and Gwalior," Madhya Pradesh chief minister Shivraj Singh Chouhan said after listing here.

Madhya Pradesh is home to large infrastructure projects and is fast becoming a hub for emerging listed corporates. Over 18 companies have been listed on the SME platform over the past two years. The Swachh Survekshan has declared Indore as the cleanest city of India in 2018.

Indore Municipal Corporation will be the third in the country to issue municipal bonds for implementation of the central government scheme, Amrut and Swacch Bharat Mission.

Vikram Limaye, MD and CEO, NSE said, "On the development of the debt capital market, NSE has demonstrated its commitment and listed its first ever municipal bond on debt market segment."

NSE's Electronic Debt Bidding platform (NSE-EBP) now has become the preferred choice among blue chip companies, leading banks and state-owned companies. NSE-EBP is the most versatile platform with bespoke parameters offering the best in class functionalities including reporting and in-principle approvals.

Majority of the PSU issuers are active on the NSE-EBP portal because of its flexibility and feature richness, Limaye said. 
 (PTI)


ANANTNAG, AUGUST 17: Ministry of Micro, Small and Medium Enterprises (MSME) Development Institute organized a one-day Industrial Motivation Campaign (IMC) programme in collaboration with Government Boys Degree College, Anantnag.
During the programme experts threw light on various dimensions of entrepreneurship and students were informed about various facets of the field.
Speaking on the occasion, Deputy Commissioner Anantnag, Dr Syed Abid Rasheed Shah said that present generation should think beyond government services and explore the unexplored opportunities. He added that horticulture sector has the potential to boost the state economy and provide employment avenues to educated youth.
          He said that Kashmiri Youth are capable enough to succeed in any field and can become successful entrepreneurs too. He advised the students not to pay heed to the discouraging elements and utilize their energy for innovative and positive works. He said that students have to become the agents of a positive change in order to build a strong and vibrant society.

Among others, Principal GDC Boys Anantnag, Assistant Director MSME and General Manager DIC Anantnag were also present on the occasion.