14 MOUs for Rs 36,09,00 crore investment

Pothashang News Service: Imphal, February 27, 2018: Fourteen memorandums were signed between the state government and private companies/investors for mineral exploration with the total investment of Rs 36,09,00 crore during the North East Business Submit which was held on November,2017.

Additional director, geology and mining division, S.I. Sharma said this today during  the press in the ongoing series of press conference organised by DIPR.

He maintained that state revenue will be increased and will create job opportunities for the locals.

Director, trade, commerce and industries M. Luikham said his department will set up industrial estates in each of the sixteen districts of Manipur with the financial assistance of the ministry of micro, small and medium enterprises and the NEC.

Luikham said at present, industrial estate of Imphal West at Takyelpat, Bishnupur at Tera Urak and Thoubal at Kuraopokpi are functioning at full swing. Three more industrial estates at Churachandpur, Ukhrul and Chandel are under construction and the department is planning for setting up industrial estate at Senapati and the detailed project report has already been sent to the central government. Industrial estate at Imphal East in Moirang Kampu will be set up, he added.

Under Prime Minister Employment Generation Programme, a target of 5379 beneficiaries for the year 2017-18 has been received from the ministry of MSME for effective implementation jointly by DICs, KVIB, KVIC and banks.

Food processing industry sector is a fast growing Industry as it plays a vital role in the development of industries and creates large employment generation in the state. The department is planning to set up food processing unit in every district and land has been identified for setting up food processing unit in Imphal East.

Luikham said CDP is a very good scheme and its activities are very slow in the state. The Make in Manipur initiative has been launched to promote entrepreneurship in manufacturing and agro based activities. Livelihood business incubators have been established in nine district of the state under ASPIRE scheme of ministry of MSME, for the promotion of marginalised farmers for doubling their income and to produce diversified products.

Luikham asserted that two border hut at Behang, Churachanpur district and new Somdal, Chandel district will be established to regulate drug trafficking and unlawful items. The department has also taken up various actions to promote Trade under Act East policy. He said that the department is the monitoring body of the integrated check post which will be inaugurated soon.

He also informed that 964 factories were registered under the Factories Act, 1948 as on 31-01-2018 and a sum of Rs 7.04 lakh was collected as revenue and Rs 35,000 as professional tax for the year 2017-18.






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