Guwahati: The Union Minister for Development of Northeast Region (DoNER) Tourism and Culture, G. Kishan Reddy, interacted with chief ministers of four northeastern states -- Assam, Arunachal Pradesh, Manipur and Mizoram -- on February 15 to discuss financial matters.
Reddy requested the states to ensure proper implementation of the CNA system of funds flow and timely refund of the unspent balances to the CNA account.
Reddy also discussed the budget expenditure for the Financial Year 2022-23 and exhorted the state government for submitting quality proposals to Ministry (M) of DoNER. He further informed the States that Field Technical States Units (FTSUs) of MDoNER have been set up in the States to provide all the necessary support and coordination. He further added that States must strive to utilize 100% of the budgetary allocations.
The minister also reviewed status of submission of Detailed Project Reports for projects being sanctioned in 2022-23 and 2023-24 under various schemes of MDoNER. He called on the officers from both the State Governments and DoNER Ministry to accelerate the pace of project lifecycle by striking close coordination at every stage.
Reddy also held detailed discussions on the upcoming Global Investment Summit and requested complete cooperation. He further added that the Summit will be a great opportunity to project the potential of the North east Region to the investors and also showcase the numerous opportunities in each sector.
The Union minister further suggested that the states may undertake initiatives to enhance ease of doing business such as fast-tracking approvals and licenses, upgrading single window systems and appointing nodal officers at district and State level for resolving all investor queries.
He further said that necessary changes with respect to land availability, success to credit, developing plug-and-play infrastructure and rolling out policies and incentives to boost thrust areas of respective States, would attract investors’ interest and make the summit a grand success.
The minister also informed the state governments that a global tourism investment summit will be organized in the Month of March, 2023 and requested them to spread the word and encourage participation.
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