To boost industrial growth, the Assam government has decided to sign Memorandums of Understanding (MoU) with five companies which will attract an investment around Rs 3,000 crore, state Minister Bimal Bora said.
The decision was taken during a state Cabinet meetingon Wednesday night.
Bora said that this will also produce at least 4,750 new jobs in the state.
“The state government has decided to ease the industry policy to attract investments. This will also pave the way for the youths to get employment. The government has already signed an MoU worth Rs 8,000 crore. We have decided to sign MoU for another Rs 3,000 crore,” he said.
Five mega projects will come up in different corners in the state, Bora said, adding that it will propel industrial growth.
According to the Minister, the state government has eased the industry norms to send a positive signal to the top industrialists in the country.
“Assam has now become a good spot for investment.”
J.P. Nadda holds meeting with Tripura BJP leaders; discusses party-related issues
Bharatiya Janata Party (BJP) national president J.P. Nadda on Sunday held an important meeting with Tripura's state unit leaders including Chief Minister Manik Saha and discussed various party affairs.
One body recovered from Telangana tunnel on day 16 of rescue operation
Rescue workers on Sunday - the 16th day of the operation - pulled out the body of one of the eight missing persons from the partially collapsed SLBC tunnel in Telangana’s Nagarkurnool district after the cadaver dogs from Kerala identified the spot for presence of human remains under the rubble.
FM says GST rates to be reduced further, rationalised; Congress demands overhaul
Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion.
'Anti-incumbency is an issue of the past now': J.P. Nadda hails PM Modi's leadership in Tripura rally
Bharatiya Janata Party (BJP) national president J.P. Nadda on Sunday said that the political culture in India has changed after Narendra Modi became Prime Minister, adding that people earlier used to talk about the anti-incumbency factor against the government.
Budget Session: Second leg to see fireworks over delimitation row, Trump's tariffs; Waqf Bill on govt's agenda
The second leg of the Budget session of Parliament is set to resume on Monday and is expected to be a stormy one with both the Opposition and Government ready to outdo each other on multiple issues.
PM Modi visits Vice President Dhankhar in AIIMS, wishes him speedy recovery
Prime Minister Narendra Modi on Sunday visited the AIIMS Delhi to enquire about the health of Vice President Jagdeep Dhankhar and prayed for his speedy recovery.
India, EU to hold next round of trade talks on March 10
India and the European Union are scheduled to begin the next round of talks for a proposed free trade agreement (FTA) from Monday in Brussels with the aim of concluding the talks by the end of this year, a senior official said.
Nari Shakti is foundation of Viksit Bharat: CM Manik Saha
Tripura Chief Minister Prof. Dr. Manik Saha today said that women are crucial for making Ek Tripura Srestha Tripura and Nari Shakti of the 21st century is the foundation of Viksit Bharat.