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Customised industrial policy with incentives on offer for investors: Assam CM

The proposed amendment has been also included in the state industrial policy

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Guwahati: For making Assam the most preferred investment destination in the country, Assam Chief Minister Himanta Biswa Sarma on Wednesday said that a customised industrial policy with incentives is being offered to investors for speedy industrial development of the state.

Speaking at the FICCI Annual Executive Meeting here, Mr Sarma said that Empowered Committee has been formed which is chaired by the Industries & Commerce Minister and senior-most officials of various departments like Finance, Revenue, Power, Industries, Mines & Minerals, Tourism, etc to give a one-point solution to investors.

The proposed amendment has been also included in the state industrial policy

The proposed amendment to offer the following customised incentives for implementation of Mega Projects (Initial investment of R100 crore and 200 permanent employments- all non-skilled/Grade lI and IV employment to be within State only).

Sarma also said that in the next three years time Assam will be the most chosen state in India in line with Gujarat for global investors.

“I am doing all the groundwork and you will see in the next three we will not invite any investors, they will come on their own,” Sarma said.

Sarma also listed out the achievements of his two-year-old government. He said that the security situation and investment climate have greatly improved in the state.

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