India emerging as Investors’ destination as Northeast offers fertile ground for new investments: Dr. Jitendra Singh

New Delhi, September 24: India is emerging faster as Investors’ destination, said Union Minister of State for Development of North Eastern Region (DoNER) Dr Jitendra Singh while addressing North East Infrastructure Conclave in New Delhi.Addressing the North East Infrastructure Conclave organised by CII, Dr Jitendra Singh said, Northeast offers the most unexplored but fertile ground for new investments. It will, therefore, soon become the nodal point of New India's growth story and supplement the accomplishments of western States to ensure wholesome supremacy for India in the emerging global arena, he said. 

Due to the decisions taken by the Centre, many of those Indians who had left the country decades ago and never found a reason to look back, are now keenly exploring the possibilities of returning back and investing in India, said Dr. Jitendra Singh while highlighting the ease of business today in India. Dr Jitendra Singh said, for India to emerge as a global economic power, it is important to realise the full potential of Northeast so that it can supplement the economic accomplishments of western States in order to ensure a wholesome growth for the entire country.

 

Dr Jitendra Singh credited the Union Government for bringing in the ease of business and at the same time focusing on “Act East Policy" aimed at giving India, strategic as well as trade advantage on the eastern borders. Further Dr Jitendra Singh said, the MDoNER is proactively working to ensure that Northeast offers incentives to investors from other parts of the country and abroad. This will not only increase revenue generation and job opportunities, he said, but would also help supplement India’s foreign outreach in the form of “Act East Policy” because in order to effectively engage with countries distal to India's eastern borders, we should first have to effectively develop Indian States proximal to the eastern borders.