TODAY -
NE industrial policy fails to attract investors
Assam Tribune | R Dutta ChoudhurY | Guwahati, July 1
North East Investment and Industrial Promotion Policy (NEIIPP) of 2007 failed to attract investments to the North East region to the desired extent and in 2009-10, the total investment intention in Assam was less than one per cent of the state which received highest investment.
The report said that as per the records available with the Department of Industrial Policy and Promotion, out of the eight states of the region, only five received investment intention and Assam received the highest number of such proposals. However, the investment intention received by Assam in 2008-09 was only 0.7 percent of the total investment proposed in the entire country and about 4 per cent of the proposals received by Madhya Pradesh, which ranked number one in the country that year.
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* This Post is uploaded on July 02, 2012
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