Secretary, Ministry of Development of
North Eastern Region, Mr. Naveen Verma on Wednesday disclosed that the
government was reviving the north east industrial incentives scheme in a bid to
woo industry for parking its surpluses in the region in view of its commitment
to mainstream the region with the rest of India.
Addressing members of PHD Chamber of
Commerce and Industry here today, Mr. Verma added that the department concerned
would shortly apply for revival of the scheme which has been put on hold due to
financial constraints including various other reasons.
“Now with new government in place
which has already completed two years of governance and that its commitment is
to industrialise the northern eastern region so much as also to facilitate and
motivate the Indian industry to proactively look towards east to reap its
industrial gains, it has become all the more important to realise the potential
of northern eastern region with attracting investments into it. It is in
this background that the government would shortly revive the northern eastern
industrial incentive scheme”, said Mr. Verma.
He also called upon industry to take
advantage of the new scheme which would fall in public domain in next few weeks
which would have several incentives including those of subsidised interest
loans as well as several capital incentives in areas of infrastructure, civil
aviation, pharma and industries that have potential to manufacturer and make
organic products.
The meeting was presided over by the
President of the PHD Chamber, Dr. Mahesh Gupta in which its Senior Vice
President, Vice President and Secretary General Mr. Gopal Jiwarajka, Mr. Anil
Khaitan and Mr. Saurabh Sanyal among others were present.
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