Skip to content Skip to navigation

NEIIPP suspension results in loss

Dispur on Friday deplored that the state has attracted investment commitments of nearly Rs 26,000 crore under North East Industrial and Investment Promotion Policy (NEIIPP).

Industry minister Pradyut Bordoloi informed the Assembly saying the it would result in revenue deficit for the state. He said, " Rs 25,780 crore worth of entrepreneur memoranda have been signed since the implementation of the NEIIPP." 

According to him, "the Centre suddenly stopped the scheme at a time when the investment was going up an up. But Union industry minister Nirmala Sitharaman earlier told us that the finance ministry had informed that they cannot give subsidy due to revenue deficit of the Centre."



Add new comment

Random Stories

Zubeen Garg appeals for release of kidnapped Quippo officials

22 Feb 2021 - 10:03pm | AT News
KOKRAJHAR:  Noted singer Zubeen Garg has appealed to the ULFA-I to release the two officials of Quippo on humanitarian ground. "Please do not play of politics on human life. People wish to...

All out against Mamata Banerjee

5 Jan 2018 - 4:14pm | AT News
MARGHERITA: Mamta Banerjee continues to draw flak in the nook and corner of the state three days after the West Bengal Chief Minister’s inflammable speech against NRC in Assam. Political parties,...

Amit Shah on stock taking visit

9 Jul 2015 - 8:37am | AT News
BJP president Amit Shah is on a stock taking visit to Guwahati on July 14 a few months ahead of the assembly polls.During his visit to the north eastern region, Shah is expected to finetune the...

Join Assam Times on Telegram