Nagaland - Investment and Industrial Policies
Industrial Policy-2000
Manpower subsidy : Government reimburses up to 25% of the actual wage bill for local tribal employees employed by eligible units up to three years from the date of Production subject to a maximum ceiling of ` 1.00 lakh annually for those units where investment in plant and machinery is from ` 5.00 lakh to ` 25.00 lakh, ` 2.50 lakh annually for those units where investment in plant and machinery is from ` 25.00 lakh to ` 100.00 lakh and ` 5.00 lakh annually for those units where investment in plant and machinery is above `100.00 lakh.
Nagaland Communitisation of Public Institutions and Services Act, 2001
Whereas it is expedient to provide for empowerment of the community and delegation of the powers and functions of the State Government to the local authorities by way of participation of the Community in matters connected with the management of local public utilities, public services and the activities of the State Government connected with education, water supply, roads, forests, power, sanitation, health and other welfare and development schemes and also to provide for promotion of community based schemes incidental thereto.
State Industrial Policy-2000
In order to facilitate rapid and sustained industrial development in the State a new Industrial Policy have been adopted by the State Government to enable the enterprising entrepreneurs to generate substantial income and employment for the people of Nagaland.
Startup Policy 2019
Nagaland has a population of 19.79 lakh as per 2011 census. More than 60% of the population is in the age group of 15-59. A young population means a young workforce with opportunities to develop an innovative and entrepreneurial culture. Start-up India is a flagship initiative of the Government of India, intended to build a strong ecosystem for nurturing innovation and startups in the century
Recent technological advancements like the Internet have digitally broken the geographical, physical, political and even sociological boundaries transforming the world to a ‘Global Village'. Even though all countries shall be competing on a common denominator, its success would be determined by inputs from and to the information technology industry.
Tourism Policy
Nagaland's tourism resources are immense. Its history, culture and the mysticism associated with the customs and ways of its hill tribes has been the source of great curiosity to not only Indians but people all over the world. It is a land of charm, diverse in landscape and culture and offers opportunities for a whole range of tourism activities, which to date has not been fully tapped.
