?MP has vast investment scope in food processing?
BRITISH HIGH Commissioner in India Sir Michael Arthur is keen that his country?s investment in Madhya Pradesh increases in food processing and agriculture, the two sectors where he sees vast potential.india Updated: Feb 15, 2006 01:35 IST
BRITISH HIGH Commissioner in India Sir Michael Arthur is keen that his country’s investment in Madhya Pradesh increases in food processing and agriculture, the two sectors where he sees vast potential.
Sir Arthur told Hindustan Times that during his meetings with the Governor and the Chief Minister today, he discussed a whole range of possibilities of investment. There was an agreement that a huge potential in food processing existed in Madhya Pradesh for tapping.
“I am encouraging British investors to explore Madhya Pradesh too apart from known agriculturally-developed states like Punjab or Maharashtra,” he said.
The British envoy appeared quite impressed by Chief Minister Shivraj Singh Chouhan’s emphasis on greater peoples’ participation in governance. “We are doing this in Britain and we will encourage this in Madhya Pradesh too,” he said.
In MP, Britain has embarked upon a new 80 million dollar urban poverty reduction (urban service sector) scheme for four cities including Bhopal, Gwalior, Indore and Jabalpur. Besides, funding for various new and ongoing projects, specially in rural health sector, would continue.
“Obviously we are satisfied about the previous projects in Madhya Pradesh. Otherwise, we would not be giving more funds,” he replied
when asked how Madhya Pradesh fared in terms of fund utilisation. On the infrastructure front, the High Commissioner did not sound too enthusiastic, although he added in a rather politically correct tone that, “Your Chief Minister seems keen to do things in this direction.”
Madhya Pradesh needs to improve a lot in terms of power and road connectivity, apart from other infrastructural facilities to woo foreign investment, he remarked.
Sir Michael is no stranger to the State and he has already visited Bhopal five to six times. On a question as to whether colour of the ruling party in States affects Britain’s funding, the envoy quipped, “We are colour blind?
The four States we have chosen for funding- Andhra Pradesh, Orissa, Maharashtra and Madhya Pradesh have different parties in power, he pointed out.”
First Published: Feb 15, 2006 01:35 IST