Minister Nirmala Sitharaman suggested that the Arunachal Pradesh government adopt a cluster development approach to enhance the productivity and competitiveness of micro and small enterprises ¹. This approach would involve developing clusters of businesses in specific industries, such as agriculture or manufacturing, to promote economic growth and development.
Sitharaman also reviewed the performance of Regional Rural Banks in the North East region and emphasized the need for credit disbursement under various government schemes ¹. This is in line with the government's focus on promoting economic growth and development in the region.
The government has also announced several initiatives to promote economic growth and development in the region, including the North East Industrial Development Scheme and the North East Road Sector Development Scheme ¹. These initiatives aim to promote industrial development and improve connectivity in the region.
Overall, the government's focus on promoting economic growth and development in the North East region is a positive step towards ensuring that the region's economic potential is fully realized.