Government establishes Investment & Development Authority of Nagaland

Our Correspondent
Kohima | February 26


Chief Minister Neiphiu Rio today said that the state government has established the Investment & Development Authority of Nagaland (IDAN) with a policy of single window clearance “so that we can create a congenial environment to make Nagaland an investment destination.”


Investment conferences, partnerships with multilateral agencies and United Nations organizations and development seminars have been held in order to attract investments in business and commerce, he said adding that IDAN has also been instrumental in promoting organic policy.


The government is also partnering with professional institutions to fine tune organic strategy in the agri and allied sectors.


He informed that Nagaland is rich in rubber bamboo, tea and coffee, of which there is a lot of demand from all over the world.


He said the Department of Women Resource empowers local women farmers and artisans, selling innovative product under the brand Myki.
The Naga Mircha or the Naga King Chilli, one of the spiciest in the world is finding new markets with entrepreneurs successfully selling it as a sauce.


Turmeric of the North East, one of the most potent in the world is being marketed in powder form. Pure Naga honey is emerging as a leading organic product of the region, he said.


“Our entrepreneurs are indeed working hard, sourcing locally, working with farmers, empowering them, building supply chain linkage augmenting their incomes, and bringing local products to the world,” he said adding that this will be the standard approach across the agri and allied sectors, and we are confident that the present initiatives will bear rich benefits for our farmers in the not too distant future.


He assured that the government will further support this by providing training opportunities for the entrepreneurs and help them in raising capital.