Paradigm of Development in the Northeast with Special Reference to Assam: The India ASEAN Free Trade Agreement
Event Details
Date: 15 Dec 2017
Chief Guest: Speaker, Assam Legislative Assembly
Status:
Concluded
Venue
Place: INSTITUTE OF ENGINEERS BUILDING, PANBAZAR, GUWAHATI
About the Event
The conference critically examined the transformation in development strategies in Northeast India, highlighting how industrialization and enhanced trade linkages could drive sustainable growth. It discussed Assams pivotal role as the industrial and trade hub of the region, the potential of digital transformation under the Digital India initiative, and the opportunities created by the IndiaASEAN Free Trade Agreement and the Look East Policy in integrating the Northeast into regional and global economic networks.
Event Highlights
- The conference critically evaluated the paradigm shift in development in Northeast India, with a special focus on Assam’s role in steering the region toward rapid and sustainable growth.
- It emphasized industrialization as the primary driver of economic expansion and employment generation for both skilled and unskilled labor.
- Discussions highlighted the importance of interregional and international trade in enabling industrialization within a landlocked region like the Northeast.
- Assam was recognized as the core hub for regional industrial development due to its population size, resource base, and superior connectivity.
- The event explored how forward and backward linkages among Northeastern states could create a self-sustaining regional growth process.
- Participants examined the contribution of digital transformation and the “Digital India” initiative in promoting governance, trade, and business innovation in the region.
- The “Look East Policy” was discussed as a pivotal foreign policy framework linking Northeast India with Southeast Asia for economic cooperation.
- The conference analyzed the potential impact of the ASEAN–India Free Trade Agreement (AIFTA) on the region’s development and trade integration.
- It assessed how tariff liberalization under AIFTA could open new markets and growth opportunities for Assam and neighboring states.
- Overall, the conference concluded that industrialization, trade, and digital connectivity together could serve as key engines of inclusive and sustainable growth for the Northeast.