The state government on Friday said the recent amendment of the Meghalaya State Investment Promotion & Facilitation Act (MSIPF), 2024, only allows the Invest Meghalaya Authority (IMA) to establish land banks specifically for industrial development. The question of direct purchase of land by any investor does not arise.

SHILLONG, MAR 14: Meghalaya Industrial and Investment Promotion Policy (MIIPP) 2024-ko a·bachengataha ine Chief Minister Conrad K Sangma parakatengon, tangka gong 2,957 kror gapgipa...