Latest news with #RisingNorthEastSummit
NDTV
29-05-2025
- Politics
- NDTV
Working On 'Act East' Policy With An 'Act Fast' Approach: PM Modi
Gangtok: Prime Minister Narendra Modi on Thursday virtually addressed the 50th-anniversary celebrations of Sikkim's statehood, reaffirming his government's commitment to balanced regional development through the 'Act East' policy with an 'Act fast' approach. The celebration, titled Sikkim@50: Where Progress Meets Purpose and Nature Nurtures Growth, marked five decades since Sikkim became the 22nd state of India in 1975. Originally scheduled to attend the event in person in Gangtok, the Prime Minister had to address the gathering virtually from Bagdogra due to inclement weather. "I wanted to join you personally to celebrate the golden jubilee celebrations. I departed early in the morning from Delhi, however, I could only reach Bagdogra, but the weather did not allow me to go any further. However, it is nice to see such a magnificent scene in front of me, where people are everywhere," PM Modi said in his address. The Prime Minister inaugurated and laid the foundation stones for multiple key development projects during the virtual event. These include a 500-bedded district hospital worth over Rs 750 crore in Namchi district, a passenger ropeway at Sangachoeling in Pelling, Gyalshing district, and a statue of Bharat Ratna Atal Bihari Vajpayee at Atal Amrit Udyan in Sangkhola, Gangtok district. Additionally, he released a commemorative coin, a souvenir coin, and a postage stamp to mark the occasion. Reflecting on Sikkim's journey, the Prime Minister said, "Fifty years ago, Sikkim chose a democratic future for itself. Along with its unique geography, the people of Sikkim embraced the Indian spirit. There was a belief that when every voice is heard and every right protected, equal opportunities for development will follow." "Today, I can say that the trust of every Sikkimese family has steadily strengthened and the country has witnessed the results in Sikkim's progress," he added. Lauding the state's balanced growth, he said, "In the last 50 years, Sikkim has become a model of nature and progress... Such stars have emerged from Sikkim who have illuminated India's sky." Reaffirming his inclusive development agenda, the Prime Minister stated, "When I first came to power in 2014, I gave the slogan of 'Sabka Saath, Sabka Vikas'. To make India 'Viksit', it is necessary to do a balanced development of every state and region of the nation. Every state and region of India has its own speciality. Hence, our government has brought the North East to the centre of development. We are working on our 'Act East' policy with an 'Act fast' approach." The Prime Minister also referred to the recent Rising North East Summit held in New Delhi, where several industrialists and business leaders announced fresh investments for Sikkim, expected to boost local development and generate employment. The day marked a historic milestone in Sikkim's political evolution. On May 16, 1975, Sikkim transitioned from a monarchy to full statehood within the Indian Union following a referendum. The accession was accompanied by Article 371F, a special constitutional safeguard to preserve the state's unique ethnic identity, customs, and cultural traditions. Over the past five decades, Sikkim has become a model of sustainable development and eco-conscious governance, earning accolades for its green initiatives and environmental leadership. The state's government has planned a year-long celebration under the theme 'Sunaulo, Samriddha and Samarth Sikkim' to showcase its vibrant culture, rich traditions, and developmental milestones.
Hans India
29-05-2025
- Politics
- Hans India
Working on 'Act East' resolve with 'Act Fast' approach: PM Modi on Sikkim's statehood celebrations
Gangtok: Prime Minister Narendra Modi on Thursday virtually addressed the 50th-anniversary celebrations of Sikkim's statehood, reaffirming his government's commitment to balanced regional development through the 'Act East' policy with an 'Act fast' approach. The celebration, titled Sikkim@50: Where Progress Meets Purpose and Nature Nurtures Growth, marked five decades since Sikkim became the 22nd state of India in 1975. Originally scheduled to attend the event in person in Gangtok, the Prime Minister had to address the gathering virtually from Bagdogra due to inclement weather. "I wanted to join you personally to celebrate the golden jubilee celebrations. I departed early in the morning from Delhi, however, I could only reach Bagdogra, but the weather did not allow me to go any further. However, it is nice to see such a magnificent scene in front of me, where people are everywhere," PM Modi said in his address. The Prime Minister inaugurated and laid the foundation stones for multiple key development projects during the virtual event. These include a 500-bedded district hospital worth over Rs 750 crore in Namchi district, a passenger ropeway at Sangachoeling in Pelling, Gyalshing district, and a statue of Bharat Ratna Atal Bihari Vajpayee at Atal Amrit Udyan in Sangkhola, Gangtok district. Additionally, he released a commemorative coin, a souvenir coin, and a postage stamp to mark the occasion. Reflecting on Sikkim's journey, the Prime Minister said, "Fifty years ago, Sikkim chose a democratic future for itself. Along with its unique geography, the people of Sikkim embraced the Indian spirit. There was a belief that when every voice is heard and every right protected, equal opportunities for development will follow." "Today, I can say that the trust of every Sikkimese family has steadily strengthened and the country has witnessed the results in Sikkim's progress," he added. Lauding the state's balanced growth, he said, "In the last 50 years, Sikkim has become a model of nature and progress... Such stars have emerged from Sikkim who have illuminated India's sky." Reaffirming his inclusive development agenda, the Prime Minister stated, "When I first came to power in 2014, I gave the slogan of 'Sabka Saath, Sabka Vikas'. To make India 'Viksit', it is necessary to do a balanced development of every state and region of the nation. Every state and region of India has its own speciality. Hence, our government has brought the North East to the centre of development. We are working on our 'Act East' policy with an 'Act fast' approach." The Prime Minister also referred to the recent Rising North East Summit held in New Delhi, where several industrialists and business leaders announced fresh investments for Sikkim, expected to boost local development and generate employment. The day marked a historic milestone in Sikkim's political evolution. On May 16, 1975, Sikkim transitioned from a monarchy to full statehood within the Indian Union following a referendum. The accession was accompanied by Article 371F, a special constitutional safeguard to preserve the state's unique ethnic identity, customs, and cultural traditions. Over the past five decades, Sikkim has become a model of sustainable development and eco-conscious governance, earning accolades for its green initiatives and environmental leadership. The state's government has planned a year-long celebration under the theme 'Sunaulo, Samriddha and Samarth Sikkim' to showcase its vibrant culture, rich traditions, and developmental milestones.
Mint
25-05-2025
- Business
- Mint
Northeast secures ₹4.3 trillion investment proposals at MDoNER Summit
New Delhi: The Rising North East Summit, held on 23–24 May by the Ministry of Development of the North Eastern Region (MDoNER), has attracted investment proposals worth ₹ 4.3 trillion, following a series of roadshows across nine Indian cities and engagements with major corporates, public sector undertakings, and foreign governments. In a statement released on 25 May, MDoNER said it has been holding extensive discussions with various stakeholders, including ambassadors, diplomats, and investors to promote investment opportunities in the Northeast. These included 'Ambassadors' Meets' involving representatives from over 95 countries, six state-focused roundtables, six sector-specific industry interactions, and multiple consultations with PSUs, business chambers, and corporate houses. 'These discussions have borne real fruit in the form of ₹ 4.3 lakh crore worth of investment proposals,' said Jyotiraditya Scindia, minister for communications and development of the north eastern region. On the summit's opening day, business leaders including Reliance Industries chairman Mukesh Ambani, Adani Group chairperson Gautam Adani, and Vedanta chairman Anil Agarwal announced plans to invest more than ₹ 1.55 trillion in the region. Mint had reported on 14 May that the government was targeting cumulative proposals of ₹ 2.5–3 trillion, figures now surpassed by the summit's final tally. To ensure effective implementation, MDoNER has set up eight sectoral task forces focusing on agriculture, sports, investment promotion, tourism, economic corridors, infrastructure, textiles and handicrafts, and animal husbandry. Each northeastern state will also develop its own sectoral roadmap, Scindia said. 'We will continue B2G and B2B dialogues, with MDoNER acting as a bridge between investors and state governments to ensure rapid conversion of proposals into on-ground projects,' he added. Read this | Sukanta Majumdar, minister of state for DoNER, highlighted the region's infrastructure gains over the past decade. 'National highways in the region have grown from 10,905 km in 2014 to 16,207 km in 2024. Power capacity has risen by 694.5 megawatts, and over 10,000 circuit kilometers of transmission and distribution lines have been added. The number of operational airports has nearly doubled—from nine in 2014 to 17 in 2024,' he said. Scindia also underlined the Northeast's historical economic importance. 'For six decades after Independence, successive governments failed to recognize the vast potential of this land—which once contributed nearly 20% to India's GDP,' he said. 'The ₹ 4.3 lakh crore (trillion) investment pipeline can help transform it into an economic powerhouse.' The proposed investments will be spread across all eight Northeastern states—Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura. Scindia added that the region also holds strategic potential as a gateway to Southeast Asia. At the summit's curtain raiser earlier this month, MDoNER had shared a breakdown of 732 investment proposals worth ₹ 1.12 lakh crore already in the pipeline: Arunachal Pradesh: ₹ 24,338 crore (77 proposals), Assam: ₹ 38,685 crore (106 proposals), Manipur: ₹ 2,919 crore (39 proposals), Meghalaya: ₹ 14,753 crore (110 proposals), Mizoram: ₹ 5,111 crore (75 proposals), Nagaland: ₹ 8,671 crore (82 proposals), Sikkim: ₹ 6,747 crore (110 proposals), and Tripura: ₹ 11,755 crore (132 proposals).
India Gazette
25-05-2025
- Business
- India Gazette
PM Modi highlights entrepreneurial spirit of Northeast, mentions 'crafted fibres'
New Delhi [India], May 25 (ANI): Prime Minister Narendra Modi on Sunday highlighted the vibrant cultural and entrepreneurial spirit of India's Northeastern states. In his 122nd episode of Mann Ki Baat, PM Modi mentioned the recently concluded Rising North East Summit 2025 and praised the Northeast's initiatives that blend tradition with modern innovation. Prime Minister Modi highlighted Crafted Fibres, a unique fashion brand from Sikkim founded by veterinary doctor-turned-entrepreneur Dr Chewang Norbu Bhutia. Crafted Fibres stands as an example of self-reliance and cultural pride of the Northern states. In his speech, Prime Minister Narendra Modi said, 'Just a couple of days ago, I went to the first Rising North East Summit. Before that, we also celebrated the 'Ashtalakshmi Mahotsav' dedicated to the strength of the Northeast. The North East is something extraordinary; its strength, its talent, is really amazing. I have come to know an interesting story about crafted fibres. Crafted fibres is not just a brand; it is a beautiful confluence of Sikkim's tradition, the art of weaving, and the sense of fashion today.' 'It was started by Dr Chewang Norbu Bhutia, a Veterinary Doctor by profession. He thought, 'Why not give a new dimension to weaving?' And this thought gave birth to Crafted Fibres. He doesn't just make clothes; he weaves lives. He provides skill training to local people, making them self-reliant,' PM Modi said. Held under the leadership of Prime Minister Narendra Modi and led by the Ministry of Development of North Eastern Region (MDoNER), the two-day summit brought together investors from across the globe, reaffirming that the Northeast is not just a region but a strategic growth corridor for Viksit Bharat. The Rising Northeast Investors Summit 2025 concluded with attracting investment commitments of Rs 4.3 lakh crore, according to an official statement. Several landmark Memorandum of Understanding (MOU) were signed with major national and international investors across key sectors. During the summit, the Sikkim government signed an MoU with SM Hotels and Resorts with an investment intent of Rs 250-300 crore. The Arunachal Pradesh government also signed an MoU of Rs 150 crore with the Farm Native Group. The Meghalaya government signed a Rs 4,000 crore MoU with Agri-Bio Fuels Global Ltd. The Meghalaya government and Inlambi Pvt Ltd signed an MoU for Rs 1,000 crore. The Manipur government also signed a major MoU of Rs 1,000 crore with Inlambi Pvt Ltd. The Tripura government signed a Rs 500 crore MoU with the Sri Sri Ravishankar Vidya Mandir Trust for Sri Sri University and an Ayurveda College and Hospital. Beyond the marquee MoUs, the summit recorded a total of 803 investment intents through roadshows, B2G meetings, and PSU/public-private proposals. Roadshows held across states contributed Rs 99,533 crore in interest; PSUs brought in Rs 1.27 lakh crore; industrial houses pledged Rs 1.58 lakh crore; and B2G meetings during the summit itself resulted in over Rs 18,600 crore worth of commitments, as per the release. (ANI)
India.com
23-05-2025
- Business
- India.com
East Not Just Direction, It Means..., PM Modi Hails Diversity Of Northeast
New Delhi: Prime Minister Narendra Modi while addressing the inaugural ceremony of the Rising North East Summit at the Bharat Mandapam in Delhi, on Friday, highlighted the immense potential of the North East region and its importance in the country's development journey. Speaking at the summit the Prime Minister stated that from trade to tradition, from textiles to tourism the northeast of the country is the most diverse part of our diverse India. He said, "Our India is called the most diverse nation in the world, and our Northeast is the most diverse part of this diverse nation, from trade to tradition, from textiles to tourism, its diversity is its greatest strength." Moving further PM Modi called Northeast the most diverse part of the diverse nation. He underscored the Northeast's vast potential, citing its bio-economy, bamboo, tea production, petroleum, sports, and emerging eco-tourism industry. #WATCH | Delhi | At the inauguration of the 'Rising Northeast Investors Summit', PM Modi says, "... The Northeast is the most diverse part of our diverse nation... From trade to tradition, from textile to tourism, the diversity of the Northeast is its strength. Northeast means… — ANI (@ANI) May 23, 2025 "Northeast means bio-economy, bamboo, tea production, petroleum, sports, skill, an emerging hub of eco-tourism, and a new world for organic products. Northeast is the powerhouse of energy. Northeast is 'Ashta Lakshmi' for us...," the PM continued. PM Modi remarked "For us, east is not just a direction. For us, east means Empower, Act, Strengthen and Transform..." #WATCH | Delhi | At the inauguration of the 'Rising Northeast Investors Summit', PM Modi says, "For us, east is not just a direction. For us, east means Empower, Act, Strengthen and Transform..." — ANI (@ANI) May 23, 2025 PM Modi highlighted the government's efforts to transform the Northeast through infrastructure development, making tourism more attractive and boosting investor confidence. "We started an infrastructure revolution in the Northeast," he said, noting that the region is now becoming a land of opportunities with stronger connectivity. He said, "There was a time when the northeast was only called a frontier region. Today, it is becoming the frontrunner of growth. Better infrastructure makes tourism attractive and gives investors more confidence... We started an infrastructure revolution in the Northeast... It is now becoming the land of opportunities... The connectivity in the Northeast is becoming stronger..." He added that for the government, the word EAST represents more than just a direction. "For us, this EAST does not mean only one direction. For us, this means Empower, Act, Strengthen, and Transform. This is our government's policy for Eastern India." The Rising North East Investors Summit, which PM Modi inaugurated, is a two-day event taking place on 23rd and 24th May at Bharat Mandapam in New Delhi. The summit aims to highlight the North East region as a land of opportunity and attract both global and domestic investment. (With inputs from ANI)
