Kalraj Mishra announces Rs. 6 crore 'Khadi Plaza' for Nagaland

Kalraj Mishra announces Rs. 6 crore

Submitted by alvin on Sat, 2016-02-27 12:54 Dimapur (Nagaland): Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra inaugurated the 'Regional Conclave of MSME' at Rhododendron Hall, Police Complex Chumukedima on Friday. Addressing the conclave, Mishra announced Rs. 6 crore for setting up 'Khadi Plaza' at Agri Expo Site in Dimapur. He expressed hope that Dimapur Conclave 2016 would help the ministry in evaluating the performance of schemes as implemented and that interaction with State governments and associations of NE region and other stakeholders would help government plan and execute various policies and programmes aimed at the sustained development of MSME sector. The participating states at the conclave are Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. Emphasizing on the significance of MSME, Kalraj said, the primary responsibility of promotion and development of MSMEs is of the State governments while the role of the Ministry of MSME and its organizations is to assist the States in their efforts to encourage entrepreneurship, employment and livelihood opportunities and enhance the competitiveness of MSMEs in the changed economic scenario. The implementation of policies and various programmes/ schemes for providing infrastructure and support services to MSMEs' is undertaken through its attached office, namely MSME Development Institutes underlined Kalraj. "During 2015-16 (till 31st January, 2016) 29174 projects have been approved, which generated total employment of 2, 11,601. Out of this, 5092 projects have been approved for the 8 States of northeast region (including Sikkim) and these are expected to generate 20639 employments" said Mishra. Nagaland's Chief Minister, T R Zeliang, pointed out that statistics indicated that the MSME sector in the northeast states accounts for only 1.78 percent of the total gross output of the country with less than two percent of the national level fixed investments going into it. There are multiple factors leading to this low level of output and investment in the MSME sector of the region. The lack of basic infrastructure, both physical and financial is the constraining factors which needs to be addressed and the major challenge would be developing and enabling ecosystem for the MSME sector to grow in the region. Parliamentary Secretary for Industries and Commerce Amenba Yaden underlined that the state has under submission a project proposal for construction of Khadi Plaza at a project cost of R.6.18 crore where the office of Khadi and Village Industries Commission (KVIC) has agreed to fund earlier. However the legislator said that in view of the scheme revision the project could not be funded till date. Stressing on the benefits of MSME Ministry Yaden said that Nagaland was still unfortunate not able to take advantage of the schemes. He, therefore, underscored that the PMEGP scheme of the Ministry if implemented suitably will help solve the problem of unemployment in the state. However he pointed out that issue of delay in the sanction of loans by banks under financing the projects and correspondingly the delay in release of the margin money to the banks are limiting the successful implementation of the scheme. Pointing out that about Rs.8.50 crores of Margin Money claims are pending release to the banks against sanctions released by the banks in the state Amenba stressed on the need to address the issues and enhance the physical and financial target allocation to the state as the current targets are inadequate and cannot meet the requirement of the state. The regional conclave of MSME's was attended by Mizoram Minister for Industries PU HJ.Rohluna and representatives from Arunachal Pradesh, Assam, Manipur, Meghalaya, Sikkim and Tripura states besides a host of legislators and officials of Nagaland state. Later in the evening, the Business Association of Nagas (BAN) also called upon the union minister and submitted a memorandum seeking the government's intervention to promote the new generation business community. BAN has sought for setting up of a Manufacturing Park; Revival of North East Industrial Policy, Up-gradation MSME Office to MSME Directorate in Nagaland, North-East Cell under MSME, Setting up of Food Testing Laboratory in Nagaland. It reminded the union minister that his kind and prompt redressal of their request will be a mile stone in ushering in a "New Economic Era of Nagaland." Meanwhile, a national-level development programme-cum-industrial exhibition was inaugurated on February 25 by Yaden at the super market in Dimapur. The exhibition was organized by a branch of the Ministry of Micro Small and Medium Enterprises in association with the Alaphra Group. (ANI)