Peace accord to help in Nagaland's economic growth: CII

NEW DELHI: The peace accord signed today with a key Nagaland outfit will help the resource-rich state realise its true economic potential and help attract tourists, industry body CII said.

"Nagaland is rich in natural resources such as coal, natural gas, decorative stones, petroleum, nickel, cobalt-chromium and agri-products etc. and the peace accord will help Nagaland realize its true potential of economic growth.

"Tourism is another area which will hugely benefited by peace accord and contribute to growth and prosperity of Nagaland," CII said in a release.

With an aim of ending insurgency in Nagaland, government today signed an accord with key outfit NSCN(IM) which Prime Minister Narendra Modi described as a "historic" step to usher in peace in the state.