Imphal, Jan. 1 (ANI): In a two-day seminar based on the theme “Economic Transformation in North East India Predicaments, Potentials and Policies”, experts gathered in Imphal recently to discuss ways to boost the economy of Manipur by implementing various central and state-sponsored schemes.
Economic transformation is the key to the development of the northeast region as it battles a high rate of unemployment, dwindling agricultural output and an unimpressive manufacturing sector.
The event was organised by the Department of Economics, Manipur University, under the sponsorship of Indian Council for Social Science Research, New Delhi.
“Various aspects of the economy were discussed and on various academic platforms in the Northeast, but somehow, we seem to have let the north eastern region’s economy at the macro level. We also addressed the issues of agricultural stagnation, industrial growth, undirected growth of the service sector as a whole for the north east. That is why we have taken the issue of transforming the north eastern region’s economy in the regional context,” said Professor Priyoranjan Singh, the convener of the seminar
Poor infrastructure combined with limited market access has hindered the development prospects of the landlocked north eastern states.
In recent times, several policies have been initiated to bring the economy of the Northeast region at par with the national economy.
The government wants to create employment avenues for the youth.
“Unemployment is a general problem. It is everywhere but in Manipur the official statistics shows that over 7 lakhs people are registered as unemployed,” said Dr. Hemanta Meitei, Associate Professor, Manipur University
Recently, various skill development schemes, including National Digital Literacy Mission, Electronic System Design and Manufacturing and Pradhan Mantri Kaushal Vikas Yogana were launched in Imphal with an aim to provide training to local youth and generate employment avenues for them.
This will bring the educated but unemployed youth to the mainstream and contribute largely to economic transformation in the region. The youth of the region wish to get employment, industrialists want more business and farmers are aspiring to enhance farm output.
Northeastern states in India are lagging behind others because of decades’ long insurgency and violence. Gradually, things are changing and a new wave of economic prosperity is gaining momentum. (ANI)