TODAY -

Draft plan for employment generation and economic development of Manipur
- Part 4 -

Ngangom Junior Luwang *

 Forest in Chingmeirong , Imphal on April 06 2019 :: Pix - Shankar Khangembam
Forest in Chingmeirong , Imphal on April 06 2019 :: Pix - Shankar Khangembam



STEP FIVE - EXECUTION PLAN

After finalization of the Economic Development Plan and acceptance thereof by the Economic Development Committee, another Report/Plan shall be prepared by the Corporate & Marketing Consultancy Firm on execution of each specific recommendation with exacts steps to be taken up by specific Government Department(s)/ministries of the Government of Manipur for execution. Such a Plan for execution shall be on the following lines:

a. The Report shall identify specific place(s) for creating industrial hubs and service centers, preferably by keeping the said two sectors separately in different geographical locations.

b. While identifying the geographical locations for manufacturing plants and other economic activities including services, varied topography of Manipur should be taken into account by broadly identifying the available/planned areas into hilly areas and plain areas and recommending suitable industries or service sector hubs as per topographic suitability.

C. Each recommendation for execution shall include the time-lines for execution, target companies for setting up business in Manipur, estimated business size, raw material sourcing models, estimated employment generation figures for each project to be executed, export potential (should it be relevant for the identified sector) etc.

The Execution Plan shall come up with a concrete plan for coordinating amongst various departments/ministries of the Government of Manipur to create a Single-Window regulatory and legal clearance system for setting up/ renewal of business unit approvals/licenses in Manipur. Draft forms for such Single Window Clearances shall be prepared by the Corporate & Marketing Office.

Where changes in existing laws are required to be changed or new laws are required to be introduced for ease of business in Manipur, the same shall be drafted by the Corporate & Consultancy Firm for approval by the Economic Development Committee and the Govt of Manipur.

STEP SIX - MARKETING MANIPUR THROUGH MEETINGS/ PRESENTATIONS

As a part of execution, the Corporate & Marketing Consultancy Firm shall identify communication co-ordinates including permanent office addresses, e mail addresses and telephone numbers (both landline and mobile numbers) of Concerned officials of target corporate entities for the Chairman and other members of the Economic Development Committee to establish contact and set up meetings at their respective offices or in Imphal or any other such place(s) with the Corporate & Marketing Consultancy Firm and/or the Economic Development Committee for setting up their business and investment in Manipur.

The Corporate & Marketing Consultancy Firm shall prepare different digital to be used during presentations each for each economic sector meetings/conferences with potential corporate entities, willing to set up business in Manipur.

Each such presentation will be precise, with supporting facts and figures on the possible reasons for corporate entities choosing Manipur as a place of business over other comparable jurisdictions and incentives and advantages that would accrue from business units and service centers in Manipur.

Each presentation shall also address the possible areas of concern usually associated with doing business in NE India, namely transportation bottlenecks, law & order issues and other infrastructure challenges.

On each of such issues, specific mitigation measures or steps taken by the Government of Manipur to address the issues shall be mentioned.

Presentations apart, the selected Corporate & Marketing Group shall also reasons for develop marketing documents/ literatures, listing specific investment and settling up business units in Manipur.

It shall be the contractual obligation of the Corporate & Marketing Consultant group to get in touch with such identified corporate entities or conglomerates and set up meetings/conferences with target corporate entities and conglomerates for purposes of marketing Manipur as a manufacturing/service or export hub.

The Corporate & Marketing Consultancy shall also assist concerned State Govt officials of Manipur to set up business meetings with business leaders and corporate conglomerate ow-ners for purposes of marketing business opportunities in Manipur.

STEP SEVEN - BUSINESS DEALS

Business deals and negotiation with intending business owners and corporate houses shall be done by the Economic Development Committee on behalf of the Government of Manipur with active assistance of the Corporate & Marketing Consultancy Firm.

Each business deal with be done after proper legal and financial due diligence and Risks Matrixes to be conducted through the Marketing & Corporate Consultancy Firm. If required, assistance of a Tier - 1 Law Firm will be engaged separately for taking care of the legal requirements and drafting, finalizing the legal documents involved (including contracts).

Single of business clearance for purposes Window regulatory deals/transactions shall only be used and it shall be ensured that such Sovereign guarantees shall be extended to select high-stake projects for instilling better confidence and financial security to intending business houses on case-to-case basis.

All contracts executed with corporate houses and leaders shall be after proper legal vetting and required regulatory clearances, which shall not be delayed. The Corporate & Marketing Consultancy Firm shall ensure that such contracts are legally sustainable and in line with best industry practice. For all projects, required formalities like Detailed Project Report, Environment Impact Assessment Report, Risk Mitigation Report, Public Hearing etc. shall be conducted by respective departments/ministries of the Govt of Manipur.

Land Acquisition, if required, shall be fast-tracked and possible law and order issues should be addressed with proper public awareness campaigns.

STEP EIGHT - GENERAL MARKET FRIENDLY MEASURES

Extending invitation to business leaders and corporate conglomerate owners to State festivals like Sangai Festival, Shirui Festival etc. as Guests of Honor for better visibility and marketing.

Taking proper steps for hydrocarbon exploration.

Promoting Manipur as an investment hub in national and international media.

Expediting railways connectivity.

Acting on the "Act East Policy" promptly and equally ensuring that balance of trade is not one- sided and is in Manipur's favour.


Concluded ....


* Ngangom Junior Luwang (Senior Advocate, Supreme Court of India) wrote this article for The Sangai Express
This article was webcasted on March 03 2025.



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