Conrad Sangma emphasized right policies for investment

Syllad | The Rising MeghalayaMay 15, 2020

Chief Minister Conrad K. Sangma, today, chaired the first meeting of the executive committee of the Economic Task Force constituted to formulate sector specific strategies for initiating development in a post-Covid scenario.

Addressing the meeting, the Chief Minister said, “The objective of this task force is to look into the prevailing situation and suggest measures to initiative interventions in core sectors like agriculture and tourism for the welfare of the people and revive the State economy.” 

Talking about the crisis that has affected economies globally, the Chief Minister said, “We as a State should focus on our strength and take advantage of our position and our resources by creating an enabling environment for investment and diversification of our trade and business opportunities.” 

“Right policies for investment in the right sectors with right partners and right people will enable us to have a road map to further strengthen our existing industries and infrastructure particularly for promoting agriculture and its allied sectors,” the Chief Minister added. 

He also informed that the Economic Task Force will work with different organisation and partners to prepare a “final report” that would comprise of a new policy decision, including innovative ideas and strategies that would define core priority areas for pushing economic and livelihood activities. 

“The final report will be placed in the cabinet for its approval and will then be rolled out,” the Chief Minister informed. 

The Chief Minister hoped that the Economic Task Force will provide the way forward for the Government to look at current situation and devise a systematic and synergistic road map for financial and economic stability of the people and the State as a whole.