New Delhi, Aug 10 (KNN) The Ministry of Development of North Eastern Region (DoNER) Secretary, Naveen Verma has asked the North Eastern Development Finance Corporation Ltd (NEDFi) to promote business and investment in the region.

He said, “NEDFi can play a more vital role in promoting business and investment in North East and we hope it can have an outlet in every district of the region in coming days to provide assistance to the people at their doorstep.”

Addressing the 23rd foundation day of NEDFi here on Thursday, Verma, said that the Northeast has many talented artisans and it is the duty of the finance corporation to identify and nurture them.

He further appealed to the NEDFi to develop a mechanism to attract genuine investors to the region.

Referring to the newly introduced North-East Industrial Development Scheme (NEIDS), Verma said that the scheme would promote industrialization in the states of the region and boost employment and income generation.

Three important studies carried out by the advisory and consultancy division of NEDFi were officially released on the occasion.

The studies comprised the “Comprehensive Report on Skill Development” for Assam, Meghalaya, Manipur and Tripura, “Project profiles on Micro and Small Enterprises” for Arunachal Pradesh, Assam, Meghalaya, Manipur, Tripura and Sikkim and the “Techno commercial feasibility study on E-Commerce Platform for Marketing of Handloom and Handicrafts produces of Northeast”.

The DoNER Secretary also inaugurated the North East Craft and Organic Fair featuring artisans and weavers under the handloom and handicraft sector as well as farmers, producers, organizations developed under the Mission Organic Value Chain Development for North East Region scheme.

The five-day exhibition is a unique integrated approach to facilitate market linkage to the craft and organic sector of the region.