Finance Minister Nirmala Sitharaman to inaugurate CSR & Investment conclave in Kohima on August 22

FM Nirmala Sitharaman will also participate in the Investor and Bankers meet with a specific focus on Nagaland, IDAN Chief Executive Officer Alemtemshi Jamir said.

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will inaugurate the Nagaland-government-organised first Corporate Social Responsibility (CSR) and Investment conclave in Kohima on August 22.

The Union Finance Minister will also participate in the Investor and Bankers meet with a specific focus on Nagaland, said Investment and Development Authority of Nagaland (IDAN) Chief Executive Officer Alemtemshi Jamir at a press conference in Kohima on August 18.

“Ms. Sitharaman will be in Nagaland from August 22 to 24,” he said. “The conclave, which was earlier scheduled to be held on July 4 and 5 was postponed due to the inability of the Union Minister to attend the same,” he said.

However, with corporates, investors and bankers reaching the State, the State government only held a precursor and deferred the conclave.

“Ms. Sitharaman has confirmed her schedule and will be staying in Kohima throughout the conclave and try to push implementation of various CSR projects and bring in investors as the Corporate Affairs Minister,” he said.

He said that more than 100 corporates and investors from various parts of the country have confirmed their participation and are expected to extend CSR funding up to ₹160 crore. Mr. Jamir also clarified that the IDAN is acting only as facilitator and not implementer of any project.