Under the dynamic leadership of Chief Minister Dr Himanta Biswa Sarma, Assam is experiencing a paradigm shift towards industrial development and self-sufficiency. Dr Himanta Biswa Sarma’s visionary initiatives, in line with the national agenda set forth by Prime Minister Narendra Modi, are reshaping the socio-economic landscape of the state. Through strategic policies and recent Cabinet decisions on industrial incentives, Assam is attracting substantial investments, particularly in semiconductors and other key sectors. Dr Himanta Biswa Sarma’s proactive stance reflects a commitment to fostering growth, enhancing infrastructure, and promoting governance efficiency. This cohesive alignment with the Prime Minister’s vision underscores Assam’s journey towards progress and prosperity, marking a transformative era of sustainable development.
Gratitude to the Government of India
The recent approval by the Union Cabinet to establish a Semiconductor ATMP unit in Assam marks a significant milestone in the region’s industrial development. This decision not only promises a new era of growth but also brings forth vast opportunities for employment, particularly benefiting the youth. In light of this groundbreaking initiative, the State Cabinet convened on March 1, 2024, unanimously extends its sincere gratitude to Prime Minister Narendra Modi for his visionary leadership and unwavering commitment to the progress of the nation. Furthermore, the State Cabinet expresses deep appreciation to Ashwini Vaishnaw, the Minister of IT, Government of India, for his instrumental role in realising this historic decision. Additionally, heartfelt gratitude is extended to N Chandrasekaran, Chairman Tata Sons, and Tata Electronics Pvt Ltd for their commendable decision to invest 27,000 crore in establishing the semiconductor unit in Jagiroad, Assam. This collaborative effort underscores a collective commitment towards fostering industrial growth and socio-economic prosperity in the region.
Boosting Industrial Growth
The table illustrates the approval of recommendations from the Empowered Committee for customised incentives under the Industrial Investment Promotion Assistance (IIPA) 2019, as amended. It delineates the proposed investments and potential employment creation by various investors in the industrial sector.
M/s Maxim Infrastructure and Real Estate Pvt. Ltd. have proposed an investment of Rs 330 crore, foreseeing the creation of 200 direct and 100 indirect employment opportunities. Similarly, M/s KD Iron and Steel Co. plans to invest Rs 325 crore, anticipating 200 direct and 300 indirect job openings. M/s Topcem India LLP aims to invest Rs 742 crore, with employment creation details not specified. Lastly, M/s Flexcom Plast Private Ltd. proposes an investment of Rs 215 crore, projecting the generation of 325 direct and 2675 indirect employment positions.
The aggregated potential investment from these proposals amounts to Rs 1,612 crore, with a significant potential of 4,125 employment opportunities, encompassing both direct and indirect roles.
This indicates a concerted effort towards boosting industrial growth and employment generation. The proposed investments across various sectors, ranging from infrastructure and real estate to steel and plastic industries, signify diversified growth avenues within the industrial landscape. The substantial employment projections underscore the potential socio-economic impact of these investments, not only in terms of direct job creation but also through the ripple effects across related industries and sectors.
The approval of these proposals reflects a proactive approach by the authorities in fostering a conducive environment for industrial development and economic expansion. It highlights the importance of tailored incentives and policies aimed at attracting investments and spurring employment generation, thereby contributing to overall industrial growth and prosperity.
New Poultry Policy for an Atmanirbhar Assam
The State Cabinet of Assam has sanctioned the ‘Policy for commercialisation of Poultry sector in Assam 2024,’ marking a significant stride towards self-reliance in poultry production. This policy aims to address the existing demand-supply gap in the State’s poultry products, thereby reducing reliance on imports and ensuring a consistent, cost-effective supply of poultry products to the people of Assam.
The primary objective of the policy is to bridge the demand-supply deficit in Assam’s poultry sector. By fostering a conducive environment for commercial poultry farming, the policy seeks to bolster the state’s poultry industry, making it more self-sufficient and less reliant on external sources. This strategic move aligns with the overarching goal of achieving self-sustainability in the agricultural and livestock sectors, in line with the vision of Atmanirbhar Assam.
The policy outlines a comprehensive framework encompassing various interventions to propel the growth and development of the poultry sector in Assam. These interventions include:
Facilitating Access to Finance
The policy endeavors to facilitate easier access to financial resources for poultry farmers, enabling them to invest in modern infrastructure, equipment, and technology.
Strengthening Infrastructure Development
Emphasis is placed on strengthening the infrastructure associated with poultry farming, including the establishment of modern poultry farms, hatcheries, processing units, and cold storage facilities across the State.
Enhancing Quality Standards
The policy advocates for the adoption of stringent quality standards and best practices in poultry farming and processing to ensure the production of safe and hygienic poultry products that meet both domestic and international standards.
Promoting Research and Development
To foster innovation and efficiency in the poultry sector, the policy encourages research and development initiatives aimed at improving breed quality, disease management, feed formulations, and production techniques.
Incentives
Under the ambit of the policy, a total of Rs 159.64 crores worth of incentives have been proposed for the broiler/poultry breeding segment. This includes a capital subsidy of up to Rs 5 crores and an overall subsidy ceiling of Rs 10 crores, aimed at incentivising investment and fostering growth in the poultry breeding sector.
The approval of the ‘Policy for commercialisation of Poultry sector in Assam 2024’ heralds a new era of growth and prosperity for the poultry industry in the State. By prioritising self-sufficiency and sustainability, the policy sets the stage for enhanced productivity, profitability, and competitiveness in Assam’s poultry sector, thereby contributing to the larger vision of Atmanirbhar Assam.
The proactive stance of the Assam Government, under Chief Minister Dr Himanta Biswa Sarma’s leadership, underscores its commitment to the Atma Nirbhar Bharat vision. Through strategic policies and initiatives, Assam is poised to catalyse industrial growth, foster self-reliance, and pave the way for a prosperous future in alignment with the national agenda.
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