Latest news with #JyotiradityaM.Scindia
Mint
27-05-2025
- Business
- Mint
Investments worth ₹4.32 tn expected in North-east, states to offer incentives: Jyotiraditya Scindia
New Delhi: North-eastern states are expected to start offering incentives soon for business deals worth ₹ 4.32 trillion that they have sown up in the just-concluded regional investment summit, minister of development of North Eastern region Jyotiraditya M. Scindia said in an interview. Scindia said the Central government is doubling down on the strategic development of the region and is stepping up connectivity. Guwahati and Agartala are being made into international gateways to cities like Singapore and the government is working steadfastly on the trilateral highway connecting India, Thailand and Myanmar, the minister said. Better infrastructure connectivity will also help the country, and the region tap new opportunities from the $122-billion trade among South-east Asian nations, Scindia said. Development of the eight North-eastern states, described by Prime Minister Narendra Modi as 'Ashta Lakshmi,' is a priority for the government given the region's strategic location, economic potential and the need for inclusive national growth. Scindia said the two-day summit that ended on 24 May was the culmination of extensive work, including roadshows in which state chief ministers and ambassadors participated and multiple meetings with industrial groups. At the end of it, the eight states together received investment proposals worth ₹ 4.32 trillion, Scindia said. This covers investments in all eight states and encompasses multiple sectors including manufacturing, fast moving consumer goods, hydropower, information technology, agriculture, horticulture, floriculture, tourism, textiles, perfumes and bamboo. 'It is a very widely diversified investment basket,' the minister said. Scindia said he has worked with the chief ministers of all the eight states–Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura–and their governments to build state-specific plans. 'We have also recommended each of the states to set up investment promotion authorities (IPAs) and all the eight states have either done so or are in the process of doing so where an incentive structure, industry wise, will be outlined by each of the state governments.' 'We have also worked on a logistics policy for every state looking across 12 parameters, where each state stands vis-a-vis the others and presented that to each state government and each of them will come out with individual logistics policies. Therefore, it is a very streamlined and facilitatory partnership driven approach.' The minister added that the incentive regime that each of the states will come up with, will depend on what investors are looking for in that state. It is not a one-size-fits-all approach. The minister described the North-east as India's engine of growth. 'The global average GDP growth rate is close to about 2-2.5% and India is growing at 6.5-7%. So, we are growing at almost 2.5 to 3 times the world average. The North-east—not one state, not two, not five, or seven, but all the eight states—in the last decade have grown at a decadal growth rate of 12 to 13%. North-eastern states are growing at almost twice the rate of India and close to five times the global growth rate,' said Scindia. Development of the region is of strategic importance to India given that it shares international borders with China, Myanmar, Bangladesh, Bhutan and Nepal, which makes it a priority region for national security and regional diplomacy. Referring to the infrastructure creation in the region in the last ten years, Scindia said the North-east is unique in geo-strategic positioning. 'The flying time from Guwahati to Mumbai is equal to the flying time from Guwahati to Singapore. The flying time from Agartala to Chennai is the same as from Agartala to Bangkok. Therefore, we are thinking of making sure Guwahati and Agartala are made into international gateways,' the minister said. Scindia said 70% of the over-1,400 km India-Myanmar-Thailand trilateral highway has been completed and that New Delhi was working steadfastly for finishing the work. The government is also developing multimodal connectivity in the region.
News18
03-05-2025
- Politics
- News18
India Suspends All Mail, Parcel Services With Pakistan Through Air, Surface Routes
Last Updated: The order suspending the services was issued by the Department of Posts that operates under the Ministry of Communication. India on Saturday suspended exchange of all categories of mail and parcels from Pakistan through air and surface routes amid escalating tensions between the two nations over the Pahalgam terror attack that killed 26 people. The order suspending the services was issued by the Department of Posts that operates under the Ministry of Communication. Citing 'cross-border linkages" to the April 22 attack, India has promised severe punishment to those involved in the strike. ???????????????????????????????????????? ???????? ???????????????????? ???????????? ???????????????????????????? ???????? ???????????????????????????? ???????????????????????????????? ???????? ???????????? ???????????????????????????????????????? ???????? ???????????????????????????? ???????????????? ???????????? ???????????????????????????? ???????????????? ???????????????????????????????? ???????????????????????????? ???????????? ???????????? ???????????????????????????? ????????????????????????. — Jyotiraditya M. Scindia (@JM_Scindia) May 3, 2025 In a high-level meeting with the top defence brass, Prime Minister Narendra Modi on Tuesday asserted that the armed forces have 'complete operational freedom" to decide on the mode, targets and timing of India's response to the terror attack. The prime minister affirmed that it is a national resolve to deal a crushing blow to terrorism, they said after the meeting. India on April 23 announced a raft of punitive measures against Pakistan including suspension of the Indus Waters Treaty, shutting down of the only operation land border crossing at Attari and downgrading of diplomatic ties in view of cross-border links to the attack. In response, Pakistan shut its airspace to Indian airliners and suspended all trade with India, including through third countries. Pakistan rejected India's suspension of the Indus Waters Treaty and said any move to stop the flow of water will be seen as an 'act of war". (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) First Published:
Time of India
24-04-2025
- Business
- Time of India
Mizoram Chief Minister Lalduhoma chairs first meeting of Northeast Economic Corridor task force
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Guwahati: The first meeting of the High-Level Task Force on the Northeast Economic Corridor (NEEC) was held on Wednesday via video conference under the chairmanship of Mizoram Chief Minister Lalduhoma, who also serves as the Convener of the Task emphasized the significances of the Northeast region in India's economic developmental journey and highlighted the need to enhance regional cooperation with other Asian countries to ensure faster and more inclusive stated that the establishment of the High Level Task Force on NEEC is aimed at assessment of the existing economic, infrastructure and investment ecosystem in the NER, highlighting critical sectors, to formulate strategies to attract public and private sector investment, align the objectives of North East Economic Corridor with the action plan to attain measurable targets for short term, medium term and long term Northeast Economic Corridor under the Ministry of DoNER, is a transformative initiative aimed at enhancing connectivity, trade, and economic growth in the Northeastern Region (NER) of initiative focuses on improving intra-regional connectivity through the development of ports, road networks, airports, railways, digital infrastructure, and power facilities. It also emphasizes the promotion of major sectoral clusters such as sericulture, agarwood, bamboo, rubber, tea, and agriculture, including high-value crops like kiwi and pineapple. By establishing growth and border centres, the NEEC seeks to leverage local potential, assess existing industries, respond to market demand, and identify strategic zones for development—thereby also encouraging Foreign Direct Investment (FDI) into the members of the Task Force include Union Minister of DoNER, Jyotiraditya M. Scindia; Chief Minister of Meghalaya Conrad Sangma, Chief Minister of Assam Himanta Biswa Sarma and Governor of Manipur, Ajay Kumar met with Dr. Randir Singh, Chairman of the Brahmaputra Board , at his office in Aizawl. During the meeting, various ongoing activities of the Board in Mizoram were expressed his appreciation of the Board's efforts and conveyed the State Government's willingness to support the Board's initiatives. He assured that the State would make necessary amendments and align policies as required to facilitate access to the Central Government's flood bank zoning and its related emphasized the importance of cooperation in areas related to increase water sources, watershed development, rainwater harvesting dam and multi-purpose irrigation project, and the need to continue progressing towards a safer and more sustainable riverine system in the explained that the Brahmaputra Board, established in 1982 under the Brahmaputra Board Act, 1980 by the Government of India, is mandated to undertake the integrated development of the Brahmaputra and Barak River basins, particularly in the Northeastern region. The Board's responsibilities include the preparation of Master Plans for flood management and bank erosion control, detailed project reports (DPRs) for multi-purpose development, survey and investigation of river systems, implementation of anti-erosion and drainage development schemes, and coordination among states for sustainable water resource management He highlighted the Board's regional office in Zemabawk, Mizoram, which is currently functioning from a rented private building, and shared an overview of the Board's major initiatives in the state. He also outlined plans to accelerate critical projects and interventions in the coming months.
United News of India
23-04-2025
- Business
- United News of India
Mizoram CM Lalduhoma pitches North East Economic Corridor as growth gateway
Aizawl, Apr 23 (UNI) Mizoram Chief Minister Lalduhoma on Wednesday chaired the maiden meeting of the High-Level Task Force on the North East Economic Corridor (NEEC), calling for a unified regional approach to unlock the economic potential of India's North Eastern Region through better infrastructure, sectoral development and cross-border cooperation. Held virtually, the meeting brought together top leaders including Union DoNER Minister Jyotiraditya M. Scindia, Assam Chief Minister Himanta Biswa Sarma, Meghalaya Chief Minister Conrad Sangma and Manipur Governor Ajay Kumar Bhalla. As Convener of the Task Force, Lalduhoma stressed the importance of aligning the NEEC with national development goals, while pursuing investment-friendly strategies and regional synergy with Asian neighbours. He said the newly formed Task Force is designed to evaluate the existing infrastructure, assess industrial opportunities and create a roadmap for attracting private and public investment in the region. 'This is not just about economic development—it's about building a self-reliant North East that plays a central role in India's growth,' he said. The North East Economic Corridor, under the Ministry of DoNER, aims to transform the region into an integrated economic zone through connectivity upgrades across roads, railways, airports, digital networks, and power infrastructure. The plan includes promoting cluster-based industries in bamboo, rubber, agarwood, tea, sericulture, and high-value crops like kiwi and pineapple. The NEEC also envisions the creation of growth centres and border hubs, intended to boost trade, stimulate local enterprises, and encourage Foreign Direct Investment (FDI) in key zones tailored to market demands. Lalduhoma was joined in Aizawl by Chief Secretary Khilli Ram Meena; Commissioner of Planning Vanlaldina Fanai; Planning Secretary Lalmalsawma Pachuau; and senior government officials. The Chief Secretary later delivered the vote of thanks, marking the close of what was seen as a strategic step forward in realising the region's long-standing economic aspirations. UNI ZS SSP
