Saturday, Nov 27 2021 | Time 14:21 Hrs(IST)
image
Business Economy


105 new industrial units in N. East with investments of Rs 2631 cr given registration

New Delhi, Nov 25 (UNI) The Empowered Committee of North East Industrial Development Scheme (NEIDS) 2017, in its 9th meeting has granted registration to 105 new industrial units in the North East.
With this all applications recommended for registration by the concerned state governments upto 31 October 2021 has been considered by the Empowered Committee.
To promote industrialisation in NE states and to boost employment and income generation, Government notified NEIDS, 2017 on 12 April, 2018. The scheme was formulated on the basis of suggestions received from state governments, industrial associations and other stakeholders. The scheme covers both manufacturing and service sector.
Till date, a total of 391 new industrial units with a proposed total investment of Rs 2631.19 crore have been granted registration under NEIDS, 2017. The total incentives envisaged by these 391 industrial units amounts to Rs 1740.06 crore with projected employment generation of 15,987.
The Government wants to achieve the objectives through key initiatives taken including developing an online application portal which allows submission of application and claim forms online besides online processing of the cases with each stage being intimated to the applicant. The Government has also delegated the powers for processing and approval of the claims to state governments with a view to expedite the release of incentives to the industrial units.
All stakeholders are being periodically engaged through symposiums and workshops and one such engagement was held on 30 November, 2019 with the theme of accelerating investment and industrial development in NE region” by DPIIT with team members from Invest India and Ease of Doing Business (EoDB) Division, department heads in industries departments of all the 8 state governments, APEDA and NER representatives from CII, FINER, Laghu Udyog Bharati, ASSOCHAM and FICCI besides manufacturing and service sector units located in NE region and other stakeholders. Hand on training the processing on NEIDS portal were also provided.
UNI NMJ SHK1952
More News

Govt to set up groups to address specific challenges of exporters: MoS

27 Nov 2021 | 1:34 PM

New Delhi, Nov 27 (UNI) Minister of State for Finance Bhagwat Kishanrao Karad has announced the formation of various groups to address the problems raised by exporters and group on the challenges of e-commerce retail exports which will comprise stakeholders from Federation of Indian Export Organisations, leading banks, Indian Banking Association, Ministry of Commerce and Ministry of Finance.

see more..

ESIC scheme added 5 70 cr new members between Sept 2017 to Sept 2021

27 Nov 2021 | 12:29 PM

New Delhi, Nov 27 (UNI) The formal employment outlook of the country covering the period September 2017 to September, 2021 shows that around 4.71 lakh crore new subscribers joined the Employees' Provident Funds (EPF) scheme between September 2017 to September 2021.

see more..

Aspire invites applications for Startup Launcher Program

27 Nov 2021 | 12:28 PM

Hyderabad, Nov 27 (UNI) Aspire, which houses the Incubators in University of Hyderabad (UoH) in association with The Entrepreneur Zone (TEZ - a Startup Accelerator) - invited applications for its Startup Launcher Program (SLP).

see more..
I-T raid on Ludhiana-based real estate firms, Rs 2 crore cash seized

I-T raid on Ludhiana-based real estate firms, Rs 2 crore cash seized

27 Nov 2021 | 11:59 AM

New Delhi, Nov 27 (UNI) Conducting search operations on two major real estate developers of Ludhiana, the Income Tax (I-T) department has seized unaccounted cash of about Rs 2 crore besides foreign exchange, and unexplained jewellery of about Rs 2.30 crore.

see more..
image