Arunachal Govt to revisit industrial policy to woo investors

ITANAGAR, Oct 14: Chief Minister Pema Khandu on Saturday informed the Assembly that state government will revisit the existing state industrial policy to make it more investor-friendly and boost economic growth. The chief minister was responding to a private-member resolution moved by BJP MLA Gabriel Denwang Wangsu in the state Assembly.
“We will revisit the state industrial policy, involve experts and invite all the elected representatives to forward suggestions so that a comprehensive policy could be formulated which will be investor-friendly,” Khandu said.
The CM said that a provision of Rs 15 crore was made in the 2017-18 State Budget for setting up of industrial units in the foothill areas, and the proposal is pending with the Committee of Secretaries.
Setting up of industrial estates in the foothill areas would encourage micro, small and medium industries and minimise unemployment problem, he said.
Informing that Prime Minister Narendra Modi has given priority on the development of the North East region, including Arunachal Pradesh, Chief Minister  hoped   implementation of  Act East Policy along with improved connectivity will bring rapid economic development in the  state.
He further informed that state government has also sent a proposal to the NITI Aayog for organising a seminar on ‘Act East Policy’  in the  state  soon.
Earlier while moving the resolution, Wangsu urged the state government to take steps to facilitate establishment of industrial estates in foothill areas of the state.
Despite enormous potentials,  the industrial policy in the  state has miserably failed to give us desire results, he said.
Participating in the discussion, Deputy Chief Minister Chowna Mein, while highlighting various problems in the way of industrial development in the state including  lack of   proper land policy, connectivity and marketing facilities,  informed the  house that  Govt is going to introduce a comprehensive industrial  policy.
He also highlighted  the  benefit that may be reaped from the  Act East Policy.
Former Chief Minister Nabam Tuki said that success of  state   industrial policy is depend on the  policy of the  central Govt.
He urged the state Govt to approach the  Centre for continuation of subsidy scheme under North East Industrial and Investment Promotion Policy (NEIIPP), 2007.
Tuki also   emphasized on conducive atmosphere in the state  to woo  the investors.
While supporting the resolution, Opposition leader Takam Pario  urged the  Govt  to  formulate proper plan  for the investors. Govt should ensure proper infrastructure  including  sufficient electricity supply to boost industrial sector in the state.
Other members of the house, including Wanglin Lowangdong, Tanga Byaling, Japu Deru,  Paknga Bage, Tage Taki,  Tesam Pongte, Wangki Lowang, Mama Natung, Pani Taram, Phosum Khimhun,  Lombo Tayeng, Dr Mohesh Chai also participated in the discussion.

Quote of the day 
1 Market value of our land is zero — Chief Minister Pema Khandu while participating in the discussion on private member resolution.
2 How can we become economic power in the country —- Wanglin Lowangdong
3 Humlog khud juice banake pi sektha tha leking dusra state se lake pi raha hain —-Tanga Byaling.
4 Kam wane wala jomin Lakhimpur district ka barabar hoga — Tage Taki while citing the land problem in  setting up industries in the state.
5 Apna bal par kab khara hoga — Pani Taram
6 We have to learn from the past: Mohesh Chai
7 (Industrial) policy Bharat sarkar ka sath jura huwa hain  —- Former CM Nabam Tuki