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New industrial policy to Assam by October

New industrial policy to Assam by October

A new industrial policy is in the offing to enhance the economic development of Assam, said the State Chief Minister Tarun Gogoi on August 15 The CM announced this while hoisting the national flag at the Independence Day ceremony in Guwahati. The policy is to be implemented from October, he added.

Gogoi said that the Assam government is focusing on employment generation through rapid economic development and industrialisation, particularly in the small, medium, village and cottage segments.

The disbursement target for medium, small and micro enterprise loans in the state for 2013-14 was fixed at Rs 3,800 crore, which is an increase of nearly 50 per cent over the previous year, Gogoi said.

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