Nagaland has always endeavored to provide a hassle-free business environment to enable investors. The Nagaland State Government has implemented numerous reforms to create a conducive and investor-friendly business environment for those interested in establishing their businesses within the State. The table below highlights some of the key initiatives undertaken by the State Government.

Nagaland Single Window system

Nagaland Single Window system is a one-stop portal for investors to digitally access all State-related business approvals and apply for them as per their business requirements. The portal is designed to assist investors in a transparent, time-bound, and hassle-free manner. There is an online system to provide information regarding all approvals required by the industries to set up their businesses.

Nagaland Bamboo Policy

The Nagaland Bamboo Policy acknowledges the ecological significance and vast economic potential of bamboos in the State. The Nagaland Bamboo Development Agency aims to achieve various objectives, including the protection and conservation of bamboo forests and biodiversity, sustainable bamboo resource management, promoting bamboo plantations for the State’s future economy, developing bamboo-based industries, revitalizing traditional bamboo crafts with improved technology and design for export, promoting bamboo as a wood substitute, raising awareness about bamboo’s value as “Green Gold,” and effectively utilizing mature bamboos before gregarious flowering occurs.

Start-up Policy 2019

Nagaland Start-up Policy aims to establish Nagaland as a model startup leader in the region, by creating a culture of entrepreneurship that nurtures creative and innovative youth, allowing them to build successful start-up companies, become job creators and contribute towards building a healthy and sustainable economy. To encourage investment and incubation in the start-up sector of the State. Attract investment worth INR 500 crores from angel investors and other start-up investors.

The State Industrial Policy 2000

The State Industrial Policy of 2000 was introduced to foster swift and consistent industrial growth in Nagaland. Its primary objective is to empower ambitious entrepreneurs in creating significant income opportunities and generating employment for the people of the State.

‘PM-DevINE – Prime Minister’s Development Initiative for North-East Region’

‘PM-DevINE – Prime Minister’s Development Initiative for North-East Region’ aims to accelerate and comprehensively develop the North-East Region by funding infrastructure and social development projects according to the States’ identified needs. It seeks to address gaps in different sectors without replacing existing Central and State Schemes.

Challenges

1. Traditional methods of cultivation and inadequate application of modern technologies for production.
2. Lack of mechanization in agriculture. 3. Poor transportation and communication facilities.
3. Inadequate marketing infrastructure for agricultural produce and as such uncontrolled price stabilization.
4. Non-commercial attitude towards agriculture. 6. Lack of proper storage facilities.
5. Lack of agro based industries.
6. Reluctance of educated youth to involve in agricultural activities.
7. Widespread practice of Jhum cultivation which has led to soil erosion and loss of fertility, particularly in the eastern districts.
8. Improper utilization of land and less involvement of people in animal husbandry