Manipur government inks 39 MoUs during North East Development Summit

With the conclusion of the two-day long North East Development Summit and Association for South East Asian Nations (ASEAN) countries held at City Convention Centre in Imphal, 39 agreements have been signed by the state for worth Rs 4,000-5,000 crore.During the valedictory function, out of the 39 Memorandum of Understanding (MoUs) signed, the state forest department signed four major MoUs - two with HSMM Group for Agarwood plantation and production of essential oil, commercial production of orchids and essential oils.The department also signed MoU with NRL for production of biofuels from bamboo and with TRIFED for minimum support prices for minor forest produces.