Rising Northeast Summit gets investment proposals of Rs 4.3 lakh crore: Scindia

The two-day Rising Northeast Investors Summit, where investment potentials were showcased for the northeastern states, could draw an unprecedented Rs 4.3 lakh crore worth of investment proposals to the region, Union minister Jyotiraditya Scindia said.

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The summit, inaugurated by Prime Minister Narendra Modi, was held here on May 23-24 where chief ministers of all the northeastern states, Union ministers, industry leaders, diplomats and others took part.

Scindia, the Minister for Development of North Eastern Region (DoNER), said the ministry has created eight high-level task forces across key sectors agriculture, sports, investment promotion, tourism, economic corridors, infrastructure, textiles and handicrafts, and animal husbandry allowing each state to chart its own roadmap, according to an official statement.

He said the DoNER ministry has been holding discussions with different stakeholders, including investors, foreign diplomats and ambassadors, encouraging them to explore investment opportunities in the northeastern states.