Emerging North-East India: Economically and Socially Inclusive Development Strategies
This report highlights opportunities that can be explored in India's North East region, including tourism, energy, and infrastructure, to enable the North East to develop economically, while contributing to India's development as a whole. It takes stock of recent initiatives, including the 'Look East' Policy and the Bangladesh-Bhutan-India-Nepal (BBIN) subregional grouping, and identifies areas for improvement to propel inclusive growth. Harnessing the region's full potential would require upgrading the region's infrastructure. Significant investments are needed, since lack of connectivity and inadequate infrastructure present developmental bottlenecks, contributing to the slow pace of growth in the North East. The report presents policy recommendations and suggested actions, and a forecast for India for 2021-2022.
Author: KPMG India and FICCI
Tags: India, BBIN, Connectivity, Transport, Trade Facilitation