Agartala (Tripura), India - On March 15th, ANI reported an important advancement aimed at enhancing investment promotions within the northeastern part of the country. The Ministry of Development of the North Eastern Region established a top-tier task force, appointing Tripura’s Chief Minister Professor Manik Saha as its convener, as stated in the Chief Minister's Office press release.
At the 72nd Plenary Meeting of the North Eastern Council which took place on December 21, 2024, in Agartala, Tripura, it was agreed upon to establish a new committee. High-Level Task Force On Investment Promotion in NER Involving Chief Ministers of the North Eastern States.
It was determined to establish a High-Level Task Force On Investment Promotion in Northeast Region Involving Chief Ministers of the North Eastern States.
As such, it has been determined to establish a new committee. High-Level Task Force Saha was appointed as Convener by Jyotiraditya Scindia, who is the Union Minister. MDoNER According to the statement, Conrad Sangma, Chief Minister of Meghalaya; Neiphiu Rio, Chief Minister of Nagaland; and Prem Singh Tamang, Chief Minister of Sikkim, have been appointed as members of the task force.
"As outlined in the Terms of Reference for the Task Force, they will present their report to the NEC within six months. This mandate encompasses several key areas: evaluating the current investment environment in NER with respect to policies, incentives, and infrastructure; and devising a strategic plan to establish NER as an attractive investment hub focused on priority sectors like agriculture, tourism, logistics, information technology, and renewable energy," the announcement stated. MDoNER said.
The mission of the Task Force is to identify key areas and locations within NER where significant growth potential exists. This involves establishing concentrated investment zones aimed at fostering specialized industry centers like food processing hubs, tourist routes, information technology parks, and green energy networks among others. The group will devise plans to draw both local and foreign capital into these crucial industries, particularly emphasizing collaborations between government bodies and private enterprises through public-private partnership models.
The task force plans to propose policy changes aimed at simplifying approval processes, improving the overall ease of conducting business, and tackling investors' worries. (ANI)
