Millennium India Acquisition CO Inc. - Amended Statement of Ownership (SC 13G/A)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934

Millennium India Acquisition Company Inc. (MQC)
(Name of Issuer)

Common Stock
(Title of Class of Securities)

60039Q101
(CUSIP Number)

N/A
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
__ Rule 13d-1(b)

_X_ Rule 13d-1(c)

__ Rule 13d-1(d)

CUSIP No.: 60039Q101 Item 5 is amended as follows: Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: _X_. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. By: /s/ Name: Phillip Goldstein Title: Principal, Bulldog Investors Date: March 31, 2008 By: /s/ Name: Andrew Dakos Title: Principal, Bulldog Investors Date: March 31, 2008