State

Nagaland Entrepreneurs’ Meet held in Kma

Nagaland Entrepreneurs’ Meet held in Kma
Imnatiba with resource persons and participants during the ‘Nagaland Entrepreneurs’ Meet’ on Friday. (NP)
Correspondent KOHIMA, AUG 24 (NPN) | Publish Date: 8/24/2018 12:08:17 PM IST

Advisor, Industries & Commerce and NIDC, Imnatiba said that entrepreneurs should be the nation builders and not just wealth creators. He was addressing a gathering at the Nagaland Entrepreneurs’ Meet 2018, as special invitee and guest of honour. The meet was organized by YouthNet in collaboration with the department of Industries and Commerce and was held at SIRD conference hall in Kohima on Friday.

Imnatiba, in his speech, further said that the ideas of young people and entrepreneurs were the assets of the state and they should contribute to economic growth of the state. Encouraging young entrepreneurs, the advisor said they should take steps towards new heights with innovative and revolutionary ideas for the economic progress of the new Nagaland.

Chair YouthNet, Hekani Jakhalu, in her address said that according to the 2011 census, the state had a population of around 20 lakhs, where 8 lakhs were from the age group 18-35 years who have a lot of potential to be productive. She noted that many Naga youth were working hard to achieve better in life which, according to Jakhalu, was the sign of positive change.

Commissioner and secretary Industries and commerce, Lithrongla G. Chishi urged the Naga people to change the mindset of depending on the government without self-effort. She advised the students and young people to stay focused and to know one’s own strength and weaknesses.

In the second session, programmes and schemes for Nagaland enterprises were shared by government officials from different departments. Successful entrepreneurs from the state also shared their success stories and encouraged young and upcoming entrepreneurs. Guest speakers from outside the state also spoke on the occasion.

The Nagaland Entrepreneurs meet recommended the following: in branding and marketing -- improving skill sets of, and capacity building for, entrepreneurs; value chain of bottling, packaging, pricing and the entire output process of the final product/service and; creating value and push from the government for local brands. 

In access to finance, the meet recommended an Entrepreneurship Facilitation Cell (for dept of Industries); association of business, need to maintain common database to identify and track defaulters; Banks also need to introduce fast tracking of micro loans, standardization of documents; and ease (and reduce time of) processing contract, financing loans etc; and a start-up policy for Nagaland. On market linkage, it recommended improved road connectivity; create a better system to motivate a healthy work culture; better internet connectivity; MoUs with underground factions to not tax new entrepreneurs for the first 3 years; and regular electricity including electrification of more rural areas.

The programme was attended by around 300 entrepreneurs from different parts of the state.

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