Tokheho Sema, a young graduate from Nagaland read the article on bamboo cultivation and its potential industry. He met the Nodal officer of his district and expressed his interest in setting up a manufacturing unit of Bamboo products. The nodal officer explained that he needs to prepare a comprehensive written down document explaining in details all internal and external factors to get license from the Bamboo development Board of Nagaland. From the details mentioned above, identify the Element of the PESTEL model discussed above.

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Legal

External factors to get license from the Bamboo development Board of Nagaland