Meghalaya became the 21st State of the Indian Union,
when it achieved full-fledged Statehood in 1972. Home to the Khasi, Garo,
Jaintia and some lesser known tribes, Meghalaya boasts of a unique matrilineal
lineage system. Meghalaya is one of the most beautiful states in the country.
Nature has blessed her with abundant rainfall, sun-shine, virgin forests,
high plateaus, tumbling waterfalls, crystal clear rivers, meandering streamlets
and above all with sturdy, intelligent and hospitable people. It is quite
rich in natural resources like coal, uranium and is the only state with
surplus power generation. It is also known for its tourism potential.
Its climate is not only ideal for the development of tourist and health
resorts but also for the growth of a large number of horticultural crops
like fruits, spices and mushroom. It occupies an advantageous position
over several other States because of the following factors:-
- Store house of natural resources;
- Fairly large pool of skilled, semi-skilled and unskilled
labour;
- Congenial investment climate;
- Liberalised industrial policy together with single
window clearance facility;
- Adequate infrastructural facilities;
- Favourable regulatory environment;
- Congenial industrial relations climate; etc.
Given the enabling environment, the
Government of Meghalaya has undertaken several policy measures and incentives
in order to encourage inflow of investment into the various sectors of
its economy.
