Shillong: Union Finance Minister Pranab Mukherjee has said that more efforts were needed to increase private and foreign investment to Northeast and held insurgency as a hurdle in the region`s development process.
"Insurgency is a problem. It is not easy to make the region insurgency free. But insurgency is linked to lack of development," Mukherjee told a news agency here.
The new investment policy (for NE) has been announced
quite some time back. People are showing interest. The
infrastructure development is also taking place, he said last
night.
Maintaining that the Ministry for Development of North
Eastern Region (DoNER) was working to attract investment, the
minister said, "But, more push is needed to ensure more
private and foreign investment."
Bureau Report
