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INDUSTRIAL POLICY FOR NORTH EAST
Date : 21 Mar 2007
Location : New Delhi
The North East Industrial Policy came into force
with effect from 24.12.1997. It provides for various concessions like
excise duty exemption, income tax exemption, investment subsidy, interest
subsidy, comprehensive insurance etc. The North East Industrial Policy is
currently under review.
As per the impact assessment carried out by the
Tata Economic Consultancy Services, the number of units set up in the North
Eastern Region and the details of investment during 1999 to September 2004 is as
indicated below: -
| State |
Investment
( Rs. in crore) |
No.
of units set up |
| Assam |
528.19 |
520 |
| Meghalaya |
441.01 |
61 |
| Arunachal
Pradesh |
39.86 |
11 |
| Tripura |
31.58 |
34 |
| Nagaland |
19.64 |
46 |
| Mizoram |
4.00 |
4 |
| Manipur |
3.00 |
5 |
| Total |
1,067.28 |
681 |
This was stated by Shri Ashwani Kumar, Minister
of State for Industry in a written reply to a question in the Rajya Sabha today.
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