Addressing the North East Bankers Conclave 2024 at Agartala on 21 December 2024, the Union Home Minister and Minister of Cooperation Amit Shah said that the greatest potential lies within the Northeast, and the region should be viewed not through statistics, but through sensitivity. He also said that the development in the region in the region should not be seen as a business task, but as a national responsibility.
In his address, the Home Minister also urged all bankers should explore 100% potential in every state of the Northeast region and move forward in the direction of building a developed Northeast and a developed India.
Shah highlighted the concept of a developed nation is that every person is capable of looking after his family, every person has basic facilities and every person contribute in the development of the country and underscored the role of bankers in achieving equal development in the country. He requested bankers that they should not see Northeast only from the perspective of business, potential and profit but as a responsibility.
Expressing confidence that the Northeast will break all records in infrastructure development as well, the Union Home Minister and Minister of Cooperation appealed to the participants of the Northeast Bankers Conclave to assist in financial inclusion, economic development, and infrastructure development, urging that their approach should be sensitive to these areas.
He called for the creation of separate parameters for finance, infrastructure, agriculture, MSMEs, and personal loans in the Northeast. Shah said that the State Bank of India should develop specific guidelines for Northeast finance, considering the current capacity of the region with a positive outlook. He emphasized that there is immense potential in the region, and the Northeast has become the gateway for India’s exports.
The event was organized by the North East Development Finance Corporation (NEDFI) and was also attended by Union Minister of Communications and Development of the North East Region Jyotiraditya M. Scindia, Chief Minister of Tripura Professor (Dr.) Manik Saha, Chief Minister of Arunachal Pradesh Pema Khandu, Union Minister of State for Northeast Development Dr. Sukanta Majumdar, the Union Home Secretary, Govind Mohan and several other dignitaries.
