Process of formulating Industrial & Investment Policy of Manipur on
Source: The Sangai Express
Imphal, October 28 2017:
With the objective of facilitating setting up of industries in the State by attracting investors, promoting market facilities, providing infrastructure support and other incentives, Department of Textile, Commerce & Industries is in the process of formulating a new Industrial and Investment Policy of Manipur, 2017 .
According to a press note issued by Director (Textile, Commerce & Industries), the Department proposes to give more thrust in the industries based in the areas of agriculture & horticulture, bio-technology & medicinal plant, IT, bamboo product processing, coffee and tea plantation, agro-horticulture, distillation of oils from aromatic plants, rubber processing, dairy & allied products, meat processing, mineral based industries and trade & commerce under export-import mechanisms .
It also proposes to provide various incentives relating to land, work-sheds, manpower development, power, quality control, price preference, capital investment subsidy, insurance and interest subsidy etc .
In this connection, the Department has invited valuable suggestions and comment from the entrepreneurs, industry bodies, academicians and other stakeholders.