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Seminar on entrepreneurship
Staff reporter DIMAPUR, May 13 (NPN):
Published on 14 May. 2011 1:05 AM IST
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Consequent to the ‘Year of Entrepreneur’ declared by the DAN government, Youth Association of Nagaland (YAN) organized a seminar on entrepreneurship cum general consultative meet under the theme ‘unleashing entrepreneurship’ at IMC on Friday with Dr. K. C. Nihoshe Yepthomi, parliamentary secretary, Industry and Commerce, government of Nagaland.
Speaking on the seminar, the chief guest stated the year 2010 was declared the year of entrepreneur however it was extended to till 2012 as a result of the response received from aspiring entrepreneurs. He also revealed that the winner of this year’s recipient of ‘year of entrepreneur’ award will be trained in Guwahati and Dimapur.
While expressing delight at the response received from the enthusiastic entrepreneurs, Nihoshe however, adviced the gathering not to misuse the advantage of loans received from banks. He said people often tend to be casual when it comes to repaying loan to the bank, and as a result, the state government suffers a setback.
Sanction received from the centre is allotted to entrepreneurs, and therefore the chief guest requested the upcoming entrepreneurs to cautiously take loan from bank and abide by its rules.
He further suggested the public should not blindly invest in huge amount of money to start a business, but to first know the root of business. Resource person, P. Leonard Aier, ex. IAF Pilot and principal of City Law College Dimapur also gave a brief assessment as to why culture of entrepreneurship has not penetrated deep into the roots of Naga society.
He also said a time for introspection has arrived to assess why the Naga society has not been able to progress although there was ample potential. According to Leonard, lack of professionalism and good governance has come in the way of development in the state and attitude of Nagas towards materialism has given rise to class disparity and a culture of gross consumerism.
Echoing a similar statement made by the chief guest, he said “We Nagas, have become too dependant on funds from the center,” and said if funds stop, then “We would probably grab each other’s throats and there will be a civil war in the Naga society”. He opined that Nagas were capable entrepreneurs but first insisted one should be sincere, committed and develop work culture. Resource person, Isaac Zhimomi, equity investment consultant & consultant-monitoring cell, planning & co-ordination, government of Nagaland also spoke on self reliance and sustainable production.
With regard to the current scenario in the state, he said the slow pace progress and development in the society was due to lopsided nature, myopic intervention and failure to deliver, thus resulting in gap between the inefficient and unproductive assets.
He further said almost all the gaps and deficiency arises out of the failure to ensure ownership of the infrastructure facilities and programme by local government institutions and the communities involved.
He also suggested for an integrated and holistic approach towards sustainable development which is the need of the hour.
Rising inflation without corresponding increase in income levels have affected the standard of living thus forcing the youth to rebel, he said.
Other areas of concern shared by Isaac was on reviving the existing industrial and manufacturing facilities, policy to facilitate investment from outside, provision of adequate and dependable infrastructure, capacity building, challenges faced by the youth, and food security.
Earlier, during the programme, welcome speech was delivered by Solomon L. Awomi, president YAN, special number by Ayala R. Jamir Naga Idol 5.10, followed by discussion on the topic ‘Towards sustainable self reliance in production’, and vote of thanks by Vepozo Dozo, general secretary YAN.

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