Itanagar, Nov 18 (UNI) With a beeline of investors showing keen interest to invest in Arunachal Pradesh, the state government approved the State Industrial Policy, 2008, during a Cabinet meeting to facilitate fund flow to this otherwise industrially backward state.
''The new policy would offer a lot of incentives to private players, entrepreneurs and the public to give a new thrust to the state's industrial sector,'' state Water Resources Minister Tako Dabi disclosed during a press conference here last night.
Managing Director of Jindal Steel and Power Limited Naveen Jindal, during his recent visit to Tawang, had announced that his company would invest in the hydro power sector in Dibang Valley district to execute projects with capacity to generate 4,500 MW of electricity, besides tapping the high potential tourism sector.
While Czechoslovakia investors and Russian embassy officials have visited the state recently to explore investment opportunities, the Asian Development Bank (ADB)'s country director Tadashi Khondo concluded his three-day visit to Tawang yesterday with the same mission.
Mr Dabi, also the state government's spokesman, further disclosed that the Cabinet also took various other important policy and administrative decisions during the meeting on Sunday to make the administration effective and accessible to the people in remote areas, while the tenure for transfer of a government employee has been reduced from three to two years.
The Cabinet also approved establishment of three new colleges in the state - a Law College at Itanagar and a degree college each at Seppa in East Kameng and Nyapin in Kurung Kumey districts.
The Minister further informed that the government had also upgraded SDO headquarters of Nari to independent ADC headquarters, besides upgrading EAC post at Nyapin to ADC headquarters and CO post of Dayun in Changlang district to EAC headquarters, CO posts at Mengio and Liromoba to EAC headquarters respectively.
A new CO post has been created at Gitee Ripa in Upper Subansiri district, he added.
Other decisions of the Cabinet include approval for provision of pay escorts in needy circles of the state which will be determined by respective deputy commissioners through their proposals and introduction of Nyishi language in Nyishi inhabited areas as a third language, the spokesman said.
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