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Meghalaya Chief Minister to adopt policies to ease doing business

Shillong 30th May,2020 (MMP):Meghalaya Chief Minister Conrad K Sangma today said that streamlining of policies for ease of doing business should be put in place to attract investments linked to creation of job opportunities and promotion of local business entity. 

       Attending a meeting of the working group of the Economic Task Force on Covid-19, the Chief Minister stated that the task force should lay emphasis on policies and approach that would lead to creation of infrastructure and environment for promotion of trade and businesses. 

       “We have to think of attractive industrial policies vis-a-vis streamline the single window clearance and ensure that investment are made in areas that would leverage the opportunities of business in sectors like agriculture, animal husbandry, IT and Tourism,” said the Chief Minister.

     He also suggested that the six working groups of the Economic Task Force on Covid-19 works in tandem to draw up a systematic and synergistic plan for reviving the economy of the State and create an enabling environment for trade and businesses to flourish. 

      The meeting also discussed on mechanism to empower small businesses with loans from State owned banks like Meghalaya Cooperative Apex Bank (MCAB) and Meghalaya Rural Bank (MRB). The Working Group will be presenting a model on this in the upcoming sittings.

     “We have to enable that our rural economy kick starts that would sustain livelihood of our people and ensure grassroots economic growth,” the Chief Minister said, while suggesting that the ongoing projects of the State should be completed in time. MMP

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