The North East: Hidden Economic and Trade Potential Siddhartha Mitra Director (Research)

Slides:



Advertisements
Similar presentations
Future Regional Integration: Possible Trajectories Economic Cooperation Between China and South Asia -Hari Roka.
Advertisements

Creating Competitive Advantage
Latin American Economic Systems
Private Sector Challenges and Opportunities Inherent in advancing the Complete Visitor Economy Abid Butt Chief Executive Officer Banyan Tree Hotels and.
18-1 Levels of Development
East Asia Test Review. How did the Silk Road affect East Asia? Cultural Diffusion.
Trade, Regional Cooperation and Connectivity between North East India and Bangladesh Focus on Tripura Siddhartha Mitra Director (Research) CUTS International.
Developing Papua New Guinea By: Tre’ Canestra.
1 I. The Political and Economic Structure of the PRC economy 1. one-party rule by the CCP 2. transition to a market economy (Socialism with ______________characteristics)
Development Tourism in LEDCs.
ECONOMICS. LEVELS OF ECONOMIC DEVELOPMENT Less developed - refers to the nations with the lowest indicators of development; generally characterized by.
The Economy and Environment.  Fertile plains and river valleys major source of agriculture  Agriculture is the leading economic activity  Rice main.
China By Berrelar and Emily. Background  Capital: Beijing  Population: billion (2013) World Bank  Currency: Renminbi  Gross domestic product:
Travel and Tourism (T&T) - the world’s largest industry Share of world: % of Total (2000) GDP11.0 Employment8.0 Exports7.9 Capital Investment9.4 A powerful.
The Tourism Geography of South Asia
Presented by : Nadine Youssry Soha El-Baktoushy Walaa Samy Presented to : Dr.Nagwa Mohamed.
Where Are More and Less Developed Countries Distributed?
Next >>. 2 Geographical features can be an advantage or a disadvantage in international trade.
NAFTA at 20 Years US Mexico Chamber of Commerce November 7, 2013 Animesh Ghoshal DePaul University.
1 INVESTMENT OPPORTUNITIES IN THE AGRICULTURAL SECTOR T.E. Basson Deputy Director: Agricultural Engineering Ministry of Agriculture Water and Forestry.
Regional and Local Change
1 Transport Connectivity in South and South-West Asia Dr. Arbind Prasad Director General Federation of Indian Chambers of Commerce & Industry (FICCI) New.
Specialization and Trade
Europe from Empire to Decolonization
Economic Systems Traditional, Market and Command Economies.
AGRICULTURE AND FOOD SECURITY IN AFRICA Maj Bilal Sadiq Gondal.
Imperialism Notes. What was imperialism? One country dominating another country or region. It is political, economic, and cultural. European powers practiced.
World Geography Standards
The World Market Place: BUSINESS WITHOUT BORDERS.
Economics Chapter 18 Economic Development
Myanmar participants September 2010 AGRICULTURE SECTOR VALUE CHAIN ANALYSIS AND PROMOTION IN MYANMAR.
Indo-Bangla Trade Focus on the North East OVERVIEW.
International Economics Developing Countries Organizations of International Economy.
Edexcel AS Geography Unit 1 Global challenges Going global Globalisation.
Special Interest Tourism Nicos Rodosthenous PhD 29/10/ /10/20131Dr Nicos Rodosthenous.
Lao People's Democratic Republic
Geographic Features Patten & Valdner Global History II Mepham High School Patten & Valdner Global History II Mepham High School.
Returns to Investments as Potential Constraints Applied Inclusive Growth Analytics Course July 1, 2009 Susanna Lundstrom, PRMED.
Guide to Invest in Iran Investa Iran Investment Gateway 2015.
South Asian Association for Regional Cooperation Date of establishment - December 8, 1985 Secretariat - in Kathmandu, Nepal Secretariat - established.
As one grows so does the other – but which is the CAUSE and which the EFFECT? There is a positive correlation between economic development and the growth.
MODULE VI GLOBALIZATION / MNC/TNC EXIM Globalization is a process of interaction and integration among the people, companies, and governments of different.
Market & Trade Status in Myanmar
Introduction International Business Activities International Trade
The Economy of Southeast Asia
National Seminar on Blue Economy
Location, Climate, & Natural Resources
SE ASIAN, AUSTRALIAN, NEW ZEALAND, & OCEANIA ECONOMICS
Business in the Global Economy
Business Possibilities in SAARC
Destination Meghalaya
The Economic Impacts of Tourism
Returns to Investments as Potential Constraints
Ministry of Transport Viet Nam
Business Environment
Business Environment
Development Geography
PRESENTATION ON FOREIGN TRADE AND BALANCE OF PAYMENT
Germany vs. Italy SS6G10(b) The student will compare how location, climate, natural resources, and population distribution of the Germany and Italy affects.
Germany vs. Italy SS6G10(b) The student will compare how location, climate, natural resources, and population distribution of the Germany and Italy affects.
Population Distribution
Traditional, Market and Command Economies
History and Government
Population Distribution
Chapter 1: Introduction
US History Week One: Geography.
Specialization and Trade
Population – resource regions (AFTER ZELINSKY)
INVESTMENT FAIR AYEYARWADY REGION INVESTMENT OPPORTUNITY SURVEY &
Presentation transcript:

The North East: Hidden Economic and Trade Potential Siddhartha Mitra Director (Research)

Structure of Presentation Map and related discussion Strengths Drawbacks Unutilised opportunities Recommendations

Source: IBEF North East and Neighbouring Countries

North East: Many Strengths Rich in mineral and water resources  Facilitates power generation  Makes industrialisation easier  Boost to agriculture  Alternative mode of cheap passenger and cargo transport Fertile Soils Mountainous terrain  Facilitates generation of hydel power  Non extreme climatic conditions  Gives a boost to cultivation of valuable cash crops such as tea

North East: Many Strengths Population is more literate than the rest of India Pressure of population on land is lower: 3.8 percent of the country’s population and 7.9 percent of its area International borders with China, Bangladesh, Bhutan, Nepal and Myanmar  Can be a major participant in cross-border trade  Can act as an entrepot economy, facilitating trade for other countries and regions With its natural beauty offers great scope for tourism

North East: Many Strengths English literacy much higher than the rest of India  Facilitates cultural and business interaction with the the rest of the world  Can be used to promote tourism from the Anglo- Saxon world ( United Kingdom, Australia, New Zealand and North America)  Source of English teachers for the Rest of India and neighbouring countries

Drawbacks Distance from the Central Government  Feeling of alienation  Poor communication with the Central government Access for goods by land very difficult  Connected to the rest of India by a 22 km wide stretch of land called the chicken’s neck  Goods have to travel parallel to Bangladeshi border and enter through the chicken’s neck – high transportation costs

Drawbacks Cultural dissimilarities with the rest of India Terrorism  Discourages investment, especially from the rest of India  Cripples industry  Vicious cycle: Poor employment generation contributes to terrorism which in turn hampers investment and consequently employment generation Tribal, ethnic and cultural conflicts

Drawbacks Mountainous Terrain  Abets terrorism  Makes transportation and communication difficult ohas 45.7 Km. of road length per 100 sq km of area as against the country average of 62.8 o vastly lower teledensity than the rest of India Formal trade facilitation with bordering countries is very poor

Unutilised Opportunities Power generation: 1,011 MW out of a total potential of 63, 257 MW utilised Potential for tourism  Accounts for less than 1 percent of domestic and 0.5 percent of foreign tourist arrivals in India  Terrorism and lack of promotion of tourism have been important reasons

Recommendations for the future Boost to trade facilitation is needed  More cross border trading points and installation of modern facilities for faster and smoother transit  Should have functioning international airports with flights to neighbouring countries  Active export promotion of North Eastern products in neighbouring countries – handicrafts, tea, rubber, silk products etc Power trade with neighbouring undulating Bangladesh will help North East’s power plants attain economies of scale

Recommendations for the future Transit can be provided for Bangladeshi products to Nepal, Bhutan, China etc: emergence of North East as an entrepot power Cheap port facilities in Bangladesh can be used for exporting North Eastern products and importing items of consumption and valuable raw material inputs Mutually beneficial exchange of human and physical capital with Bangladesh/other neighbours