NE Ind and Investment Promo Policy not being implemented: Tuki

Image
Press Trust of India Itanagar
Last Updated : Oct 13 2014 | 7:10 PM IST
Arunachal Pradesh Chief Minister Nabam Tuki today said the state government has taken several initiatives to ensure food security.
Tuki was while addressing the maiden Food conclave and investors' meet here organised by the Indian Chamber of Commerce (ICC) in collaboration with the state's industries department and funded by the Union Ministry of Food Processing Industries.
Admitting critical gaps in road, air, railway and tele communications, the Chief Minister said the 2008 central package would fill the gap within a few years, but rued that central policies including the NE Industrial and Investment Promotion Policy of April 2007 were not being implemented effectively and a thorough review was needed.
Contradictory laws were hampering tapping of the state's huge potentials including hydro-power when India has been facing energy deficits, Tuki said urging the ICC to take steps in removing the hurdles and come forward to helping Arunachal to tap its potentials.
Arunachalees are fast taking up commercial production and this initiative would benefit them with the investors assuring buyback policy, Tuki said.
Like the job mela initiative for skill development which offered massive opportunities to the local youth, the Chief Minister expressed hope that this meeting would prove to be a harbinger of industrial growth.
Some problems hindering conducive atmosphere for industrial growth in the state would soon be removed with enactment of new laws, he said assuring security to the investors.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 13 2014 | 7:10 PM IST

Next Story