Invest India Conference on CSR in Meghalaya

On November 16, the third day of the Chief Minister’s Start-Up and Corporate Social Responsibility (CSR) Week began with the second phase of Bootcamp for Cohort 3, a panel discussion on the CSR & Entrepreneurship Scenario in Meghalaya in collaboration with Invest India, a pitching session for regional entrepreneurs with regard to investable CSR projects, and CSR entrepreneurs sharing their experiences.

Geetima Das Krishna, the head of Invest India’s North East Desk, provided an overview of the CSR guidelines and the history of the North East Desk in the first session.

She claimed that Invest India is a national investment organization that uses the tremendous resources of the states to attract investment and create jobs. In March 2021, the North East Desk was established.

The welcoming address was given by Dr. B.D.R. Tiwari, Commissioner and Secretary, Government of Meghalaya, and Scale Up Loans from other partners were needed to support the state’s entrepreneurial journey by Vijay Kumar Damera, Commissioner & Secretary Planning, Government of Meghalaya.

Geetima Das Krishna, the head of Invest India’s North East Desk, provided an overview of the CSR guidelines and the history of the North East Desk in the first session.

Invest India

According to Vijay Kumar Damera, larger sums of money are required to maintain government-funded startups that are already well-established.

“Even though PRIME has accomplished a lot and our startup regulations have made Meghalaya the finest ecosystem for entrepreneurs, the state must advance over the next ten years! But how can we get better over the next ten years? Where should we focus our energy? Entrepreneurship has been one of the main cornerstones, but investment from businesses, venture capital firms, and banks is crucial. We establish relationships and welcome possible partners in entrepreneurial sustainability at conferences like these, said Damera.

Oberhofer introduced two points of focus for the conversation: the state’s ecosystem for entrepreneurship and the reasons why things are different there, as well as what can be improved through CSR. He said that the first step in entrepreneurship is thinking.

Suiting discussed the Meghalayan culture of employment during the debate, highlighting how parents have encouraged their children to only apply for government positions.

One might relate Blacksmithy to Damascus. We were traders and business owners, but when the British arrived, the western model supplanted us, and we were reduced to being factory workers. We had an education but lacked any skill sets. Our aspirations came to an end in government employment, but after a number of adjustments, enterprise and entrepreneurship are now essential, he said.