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CSR Investment & Banking Conclave deferred

Nagaland News

DIMAPUR, JULY 3: The state Government today informed that the CSR Investment and Banking Conclave on the theme “Partnerships for Strengthening Sustainable Development”, which was scheduled to be held from July 4 to 6 at Kohima has been postponed.
“Due to unforeseen circumstances, the Union Finance Minister has rescheduled her visit and therefore the State Government has taken the decision to postpone the Conclave”, an official bulletin said adding new dates for the Conclave will be informed once the Finance Minister’s fresh schedule is finalised.
The Government also apologized for the inconvenience caused on account of this postponement.
It may be mentioned that 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’ economic players with the national value chains, and promoting private industry in the State.
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 off-take for the farmers and entrepreneurs were also scheduled. A platform for the State’s young entrepreneurs to make a pitch of their innovative ideas to potential investors physically as well as virtually was also planned.
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”, the Government stated.
Nagaland Chief Minister had personally invited the Union Finance Minister for the CSR & Investment Conclave at the stage of conceptualisation and she had gracefully consented and thereafter guided the State Government in planning for the event.
The State Government also appreciated the commitments made by the companies and their partners and the special efforts made by senior officials of the companies and officers of the Government of India to schedule travel to the State for the summit.
While expressing regret again, the Government hoped that the support given, and the commitments made, by the companies would continue and there would be redoubled participation in the rescheduled event. (Page News Service)