With an intent to strengthen the Investment Promotion Agency (IPA) of the North Eastern (NE) states and to assist the NE State Government to meet the objectives of attracting, facilitating and increasing investments in their states, Ministry of Development of North Eastern Region has signed an Memorandum of Understanding (MoU) with Invest India. The activities and deliverables include smooth investment facilitation, focused investment, improvement in investment ecosystem & Ease of Doing Business (EoDB), development of mutually beneficial partnerships for investment, support in the preparation of investor-friendly policies, identification of key growth sectors and build partnerships for investment and commerce; which would help in leveraging the resources of North Eastern states to ensure sustainable development and inclusive growth.

This information was given by the Union Minister of State for Development of North Eastern Region Dr. Sukanta Majumdar in a written reply to a question in Lok Sabha today.

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SB/ARJ