Nagaland Govt postpones CSR conclave

Dimapur: The Government of Nagaland has postponed the CSR, Investment & Banking Conclave with the theme “Partnerships for Strengthening Sustainable Development,” which was scheduled to be held from  July 4 and to conclude on July 6, 2022 in Kohima. 

According to an official statement, the state government said that due to unforeseen circumstances, Union Finance Minister Nirmala Sitharaman has rescheduled her visit and therefore the State Government has taken the decision to postpone the conclave. It further said that new dates for the conclave will be informed once the Finance Minister’s fresh schedule is finalised. “We sincerely apologise for the inconvenience caused on account of this postponement,” it added.

The CSR conclave is going to be the first of its kind in Nagaland which is being organized by Investment and Development Authority (IDAN).  The event will be attended by the Union Finance Minister, Nirmala Sitharaman along with major corporates and investors from all over the country.

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The CSR Conclave had multiple objectives of bringing in innovation and private capital in meeting developmental challenges of the State, of forging long term partnerships which would help in further integrating the State’s economic players with the national value chains, and promoting private industry in the State, said the statement. In furtherance of the objectives, the Conclave planned to facilitate and encourage companies to take up developmental projects in the State from their CSR obligations. Specific events for promoting investment and credit offtake for the farmers and entrepreneurs were also scheduled. A platform for young entrepreneurs from the State to make a pitch of their innovative ideas to potential investors physically as well as virtually was also planned, the statement added.

Also read| Nagaland state to organise its first CSR Conclave

The event was planned in close coordination with various Ministries and Departments of the Government of India, Invest India and CII. Intensive efforts were put in by all partners for reaching out to companies and CSR implementing agencies both within the state and outside. “We are encouraged and very happy at the enthusiastic response and concem of the corporate world,” it further added.

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