Question: The first North East Investors’ summit is being organized in …
(a) Agartala
(b) Imphal
(c) Shillong
(d) Guwahati
Ans: (C)
Related Fact:
- The first ever “Investors Summit” exclusively for North Eastern Region (NER) is being organized in Shillong from 29-30 January, 2017.
- The event would be inaugurated by the Union Textiles Minister, Smt. Smriti Zubin Irani in Shillong, on 29th January, 2017.
- The North East Investors Summit 2017 is being organized jointly by the Ministry of Textiles and the Ministry of DoNER of the Government of India, in collaboration with industry associations FICCI and CII.
- The theme of the summit is “Exploring Opportunities in North East Region”. The summit aims to showcase the NER as a global destination for investment, and to explore the possibility of bringing in convergence of efforts of various central Ministries and North Eastern States to attract investment in NER.
- The Summit will be attended by all North Eastern States, industries from North Eastern Region and leading investors across the country.
- The states of the NER would put up exclusive stalls and make presentations on investment opportunities in textile manufacturing in these states.
- Various MoUs between industry bodies and state governments are expected to be signed during the summit, which would promote investment and boost manufacturing in the region.
Background:
North Eastern Region has huge potential for investments, particularly in the field of textiles and handicrafts, due to its inherent strength for skilled work force and locally available raw materials. Ministry of Textiles is implementing projects worth Rs. 1,050 crore for handlooms, handicrafts, sericulture, apparel & garmenting, technical textiles etc. in the eight states of North Eastern Region, in line with the “Act East” policy of the Government.
The decision to hold the summit was announced by the Union Textiles Minister, Smt. Smriti Zubin Irani, at the Annual Conference of State Textiles Ministers, held in New Delhi, on 10th November, 2016.
Reference:
http://www.cii.in/EventsDetails.aspx?enc=eo18/j+aJMWXCXiMZZAdo8d9zNSY68JG17PTPgWIsxY=
http://pib.nic.in/newsite/PrintRelease.aspx?relid=157731