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Time of India
3 days ago
- Business
- Time of India
Saha: ADB to lend $85.4m to boost industrial infra in Tripura
Agartala: The Asian Development Bank (ADB) has agreed to lend $85.4 million to strengthen Tripura's industrial infrastructure, chief minister Manik Saha said here. The fund is being utilised to upgrade power, roads, plug-and-play infrastructure, warehousing facilities, and other related facilities, he said while addressing delegates at a stakeholder consultation under the initiative of the high-level task force on investment promotion in the northeast. "We have agreed upon a six-month action plan to formulate a comprehensive roadmap for investment promotion in the region. Work has already begun to devise both long-term and short-term strategies to attract investment across various promising sectors. With investment promotion agencies now active in almost all states, policy decisions related to investments are expected to be more efficient and streamlined," Saha said. In the recently held Rising Northeast Investor Summit in Delhi, Saha said 64 MoUs worth Rs 15,823 crore were signed for Tripura. Before this, Tripura had signed 184 MoUs with an investment potential exceeding Rs 15,000 crore through roadshows, investment summits and business conclaves.
Time of India
29-05-2025
- Business
- Time of India
Eight crucial states, three bad actors
Speaking at the recent Rising Northeast Investor Summit, Modi pitched the region as a vibrant growth hub. PM's statement came days after India's decision to stop the import of significant goods from Bangladesh through land ports. This week, Jyotiraditya Scindia followed suit by pitching Northeast's eight states as geostrategic assets. All of this is clearly designed to respond to Bangladesh's interim chief adviser Muhammad Yunus's rhetoric on the Northeast. But the far bigger worry is China, and its faithful follower, Pakistan. Read full story on TOI+ Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own.
