FINER has recommended a slew of budgetary measures before the Assam Government aiming at restoring a sustainable growth in the state’s economic front.
In its memorandum before finance minister Himanta Biswa Sarma on Sunday, the apex regional body of industry and commerce said that it looked forward to a positive and growth oriented budget.
FINER maintained that the budget should contain big ideas to pave the way for a big leap forward and change the course of economy for a faster and sustainable development of the state.
“The Assam Ease of Doing Business Bill, 2016” in its very first Cabinet meeting, we are confident that the implementation of the Act, would be the top priority of the government,” said the FINER memorandum.
FINER further welcomed the GST with Adequate provision/mechanism for continuing of existing remission scheme. The memorandum reads: we would also welcome a Single GST rate (Preferably rate not exceeding 16%), exemption of GST to essential items/ items of Local significance and with administration with single return and Challan and single audit concept. State Taxation Department must initiate interactions with all Stakeholders.
On the industrial front, it observed that with the suspension of NEIIPP 2007, Assam is virtually excluded from the Make in India initiative. This unilateral suspension is a big setback to the cause of Industrialization. New investment in the state is put on hold by the investors, projects under implementation are facing severe hardships.
The BJP-led Government’s maiden budget 2016-17 can be a milestone and show the Roadmap for inclusive, balanced and sustainable growth paving the way for implementing the Vision document 2016-2025, said the FINER.
8 Aug 2017 - 9:08pm | Dibya J Borthakur
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Guwahati: The Assam Don Bosco University buzzed with creativity and entrepreneurial spirit over the past two days as the Innovation, Design and Entrepreneurship (IDE) Bootcamp for Student Innovators and Teachers concluded.
The event, held on April 9th and 10th, welcomed participants with an opening address by Pushpanjalee Konwar. Chief Guest Prof. Amarendra Kumar Das of IIT Guwahati ignited the minds of the young innovators with a talk on agricultural design and fostering innovative ideas.
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The Indian Institute of Information Technology Guwahati (IIITG) hosted the fourth edition of its annual Rongali Bihu festival, BOHAGI, on April 7th, 2024. Held at the institute's campus near Tech City, Bongora, the event aimed to promote Assamese culture among students, faculty, staff, and their families from across India.
BOHAGI 2024 featured cultural competitions organized by the IIITG Cultural Board, attracting students from various Assamese colleges. This fostered cultural interaction within the academic community and resonated with the "Ek Bharat Shrestha Bharat" initiative, promoting national unity.
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Udalguri: In a move seen as part of the Election Commission's efforts to ensure impartiality during the upcoming Lok Sabha polls, Udalguri Deputy Commissioner (DC) and District Election Officer (DEO) Dr. Sadnek Singh was transferred on Tuesday.
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Replacing Dr. Singh is IAS officer Javir Rahul Suresh, who previously served as Joint Secretary to the Government of Assam's Animal Husbandry and Veterinary Department and held the additional charge of Director of Animal Husbandry...
On the occasion of his birth centenary this year, Jyotiprasad Medhi Award in Mathematical Sciences is announced by his family. Professor Jyotiprasad Medhi was a world renowned scholar in Statistics who was born on 1st July 1924 in Ramdia, Assam. He received his D.Sc. (with Tres Honorable) from the University of Paris (Sorbonne) in 1956 and returned to Assam to teach at Gauhati University where he later became the Head of the Department in Statistics, Dean of Faculty of Science, and Acting Vice-Chancellor. His textbooks on Stochastic Processes and Queueing Theory are widely used for teaching in many academic institutions around the world. He passed away on 3rd February 2017 at the age of 92...
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