'States To Drive Next Generation Reforms' | SupportBiz

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'States To Drive Next Generation Reforms'

 
Tags: MSME sector
CII-KPMG reports on Northern India: Heralding the next chapter of growth and development; Ease of doing business in Northern Region – a survey; and Social Infrastructure – A look at enabling elements for growth and development were released during the Inaugural Session of the event.

New DelhI: Speaking at the third edition of CII Invest North, Malvinder Mohan Singh, Chairman – Invest North 2014 and Executive Chairman – Fortis Healthcare Ltd said that the conclave today has emerged as a great platform wherein there is participation from Northern State Governments and 20 countries.

He also informed that around 120 one to one B2G meetings have been tied up for next two days which itself speaks volumes about the scale of this initiative. “Discussions held with State Governments during previous editions of the event has led to framing of new investor friendly industrial policies as well as to certain investment facilitative amendments in the existing policies” said Malvinder Mohan Singh.

Prem Narain, Secretary, Ministry of Overseas Indian Affairs, Government of India emphasised on the role of states in creating enabling policies and models to attract investments and growth.

Narain suggested for structured engagement with Diaspora for engaging them with Indian growth story: Northern Region vests with everything that is required to overcome the challenges of being land locked, lack of mineral resources, perception of governance issues, etc. said Mr Richard Rekhy, Co-Chairman, Invest North 2014 and CEO, KPMG India.

He emphasized on strengths such as strong agrarian economy base, abundant water resources, young population, industrial & freight corridors, opportunities of bilateral trade with neighbouring countries, etc. which makes North an ideal investment destination.