Assam - Industrial Policy of Assam

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Bamboo & Cane Policy, 2019

 

Bamboo has been an integral part of the cultural, social and economic traditions of the state of Assam. It is a renewable and versatile resource and an important component of the wealth of Assam. It grows in the natural forests and is cultivated in homesteads, groves and on private plantations. The important characteristics that make Bamboo so useful are- (i) It has a short growth cycle which makes it highly renewable (ii) Different parts of the plant have different uses and are obtained at different stages of its growth thus rendering the plant useful during its entire life span (iii) Bamboo shoots of some species are edible and have high nutritional value (iv) The plant improves the environment in many significant ways including acting as an atmospheric and soil purifier.

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Cess Utilisation Policy

 

For development and welfare of Small Tea Growers in the State, a policy called "the Cess Utilization(Amendment) Policy, 2015" declared by the Government of Assam on 30th May, 2015. The Policy will remain valid commencing from 1st June, 2015 until further as notified by the State Government. To implement the scheme, a Cess [ Cess means a tax levied under the Assam Taxation ( on specified land) Act, 1990 and amendment thereof, on specified land under cultivation of tea by Small Tea Growers] is levied at the rate of 25 paisa per Kg of green leaf purchased by the Bought Leaf Factories (BLF) and Estate factories .

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Export and Logistic Policy, 2019

 

After independence, Assam became a land-locked area putting it in a state of great geographical disadvantage. Assam is now connected the mainland of India through narrow Siliguri corridor which is also known as chicken neck. However, with the liberalization sweeping the Indian subcontinent, and in the age of regional economic cooperation, the region’s land-locked isolation is being leveraged into a position of big advantage.

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Handloom Policy 2017-18

 

The Handloom textiles sector plays a vital role in the socio economic structure of the country in terms of providing employment, production of cloth and value addition while at the same time preserving and propagating the Country's rich cultural heritage. The sector provides direct and indirect employment to more than 43 lakh weavers and allied workers in the country which contains a large number of people from the scheduled caste/Tribe, backward and minority community. This sector is as old as the human civilization itself and is being sustained by transferring of skill from one generation to the next. At present the sector accounts for approximately 15% of the country's Textiles production and makes a significant contribution in export earnings. The handloom products have great demand in the National and International market because of their uniqueness and exclusivity of design, nature of producing small batch size so that a particular design is not flooded in the market at one go and its eco friendliness.

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North East Industrial and Investment Promotion Policy (NEIIPP), 2007

 

The North East Industrial Policy (NEIP), 1997 announced on 24.12.1997 covered the States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. Under NEIIPP, 2007, Sikkim will also be included. Consequently, the ‘New Industrial Policy and other concessions for the State of Sikkim’ announced vide O.M. No.14(2)/2002-SPS dated 23.12.2002 and the Schemes thereunder i.e. Central Capital Investment Subsidy Scheme, 2002, Central Interest Subsidy Scheme, 2002 and Central Comprehensive Insurance Scheme, 2002, notified vide Notifications No. F.No.14(2)/2002-SPS dated the 24.12.2002 will be discontinued from 1.4.2007.

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Policy on Public Private Partnership 2014

 

Assam has achieved economic growth of 5.9% during the year 2005-2006 as against the growth rate of 9.2% of the National Economy. Considering the huge backlog suffered by Assam in the economic development, it has to catch up with rest of the country by accelerating economic growth.

 

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Information Technology Policy, 2017

 

Information Technology (IT) occupies a key position in our modern age and is one of the fasted growing sectors in the world economy. Applications of IT have become pervasive, covering all spheres of life. Government of Assam has recognised this fact and has formulated the policy below keeping in mind all facets of IT.

 

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Industrial Policy of Assam 2019

 

The Strategic location of Assam, in proximity to the growing ASEAN economies, provides easy access to a market of over 800 Million consumers. All the major cities of ASEAN are located geographically closer to Assam, when compared to other major cities of the country. Being the heart of North eastern states, Assam is contiguous to all the N.E states. Hence, the demand from neighboring states can easily be addressed from Assam. Assam’s GSDP at current prices during 2014-15 was approx. USD 28.28 billion (approx. USD 918.74 per capita) and grew at 13 per cent CAGR from 2004-05 to 2014-15. During the period 2004-05 to 2015-16, the state’s tertiary sector grew at a CAGR of 15.07 per cent, driven by trade, hotels, real estate, finance, insurance, transport, communications and other services. The primary sector grew at a CAGR of 11.62 per cent, while the secondary sector grew at 10.31 per cent during the same period.

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Startup Policy Draft 2018

 

In order to strengthen the Start-Up movement in Assam, and further facilitate the upcoming , Start-Ups in the State, it has been found expedient to amend the Assam Start-Up Policy 2017. The Assam Start-Up Policy 2017 shall henceforth be applicable as amended.

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Information Technology and Electronic Policy, 2017

 

Assam has witnessed significant growth in the ICT sector in the past one decade, due to the proactive initiatives taken by the State Government in terms of creation of state-of- the-art physical infrastructure, provision of basic amenities such as roads, water, sewerage and power to the doorsteps of IT layouts, availability of large English speaking and technical talent pool, lower cost of operation and innovative e-Governance programmes.

 

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