Arunachal Pradesh has huge potential for growth in several aspects but is deprived of foreign funding from international financial institutions due to objection from China, said Chief Minister Pema Khandu on Wednesday.
Khandu who was addressing the 10th Maitree Diwas celebrations in Tawang, said that Arunachal is the lone State facing such fund blockade taking toll in its economy.
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Also read: Arunachal Guv inaugurates Tawang Maitree Diwas
However, he added that it can be overcome the same by taking advantage of the huge presence of Indian Armed Forces and central paramilitary forces in the State.
“Arunachal has the presence of more than two lakh military personnel and paramilitary forces, which can be thought of as huge market for selling local produce and goods,” Khandu said.
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He informed that in his upcoming visit to New Delhi, he will meet with the Defence and Home Ministry to work out a medium for the armed forces to buy locally.
This will enable the local farmers and businessmen to find huge market within Arunachal and also overcome the middlemen menace in selling their produce, the Chief Minister said.
Taking about Maitree Diwas celebrations, Khandu said the festival was first started by his father and former Chief Minister late Dorjee Khandu in 2004 from the Gyangkhar village near Tawang.
He said the bonhomie shared by the Indian Army and the locals in Tawang is exemplary and must be emulated elsewhere in the State too.
He credited the Indian Army including the central paramilitary forces for making major contribution in making Tawang as the global tourist hotspot besides efforts from the State Government and the Central Government.