Saturday, September 25, 2021
Nagaland

SARFAESI Act: CNCCI lauds Govt, NLA

Nagaland News

Dimapur, February 19: The Confederation of Nagaland Chamber of Commerce and Industry (CNCCI) has appreciated the Government and all the members of the Nagaland Legislative Assembly, irrespective of party affiliation, for taking up its demand and unanimously agreeing to form a committee with regard to the SARFAESI Act and its implementation in Nagaland.
In a release, the CNCCI considered the move as “pathbreaking decision”, especially during this post-pandemic time when the economic scenario everywhere is facing its worst fate and every stakeholder is bearing the brunt without any respite.
While lauding the NLA for taking up the issue, the CNCCI further appealed to the Government to constitute the committee at the earliest to expedite and take forward the issue on priority. It also assured corporation to the committee.
The confederation further appealed all stakeholder to cooperate and understand the need for a policy change and reformation in the existing system when it comes to economy, land and banking sector of the State. “Only then can the state move ahead with the changing dynamics and pave better ways and opportunities for entrepreneurs and younger generation creating a sustainable ecosystem along the way,” it said.
(Page News Service)

error: