Thursday, October 6, 2022

Valedictory session of CSR & investment conclave


A valedictory session of the Nagaland CSR & investment conclave, organised by Investment and Development Authority (IDAN) was held in the NBCC convention centre on Tuesday.
Speaking at the programme, minister for Planning and Coordination, Land Revenue and Parliamentary Affairs, Neiba Kronu disclosed that “new land laws” were drafted as the present land holding system “was traditional and needed assessment.”
He pointed out that resources such as coal, minerals, honey etc., were still lying untapped and unexplored in the state and urged upon the investors to explore their options.
IDAN CEO, Alemtemshi Jamir said although Nagaland was a welfare state where people have evolved over the years, the mindset had not changed and many were “expecting” development from the government.
Alemtemshi said the conclave was necessary for people as it showed that there was a world beyond Nagaland while also providing a glimpse of opportunities in the private sector.
He stated that the CSR was a “handshake between the private sector and Nagas.”
It was disclosed that seven districts signed expression of interest with various companies, while three districts signed for school education.
He said the response was overwhelming both from the cooperates and bankers and expressed hope that corporates would show interest and come forward to work with Nagas.
Alemtemshi pointed out that an amount of Rs. 230 crore were disbursed in a day in the hands of the people of Nagaland while SBI committed Rs. 500 crore.
Earlier, secretary, Works & Housing, Kesonyu Yhome proposed vote of thanks.