Assam Cabinet approves policies to boost industry & investment

Assam cabinet has approved several policies for the state's development, including Assam Startup and Innovation Policy 2025, Aerospace and Defence Manufacturing Policy 2025, and BioE3 Policy. The cabinet also extended services under MB 3.0 and app...

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GUWAHATI: Assam cabinet on Friday approved Policies to ensure all-round development of Assam as an industrial and investment friendly State.

The cabinet has approved Assam Startup and Innovation Policy 2025. The cabinet has approved Assam Aerospace and Defence Manufacturing Policy 2025 besides Assam Action Plan on BioE3 Policy

The cabinet has approved to enable eligible people to avail services under MB 3.0, Cabinet has approved the application resumption window for MB 3.0 Services till February 15, 2025.


The government stated, "Honouring their indigenous heritage, Cabinet has approved exemption of 3 generation domicile policy in review of Mission Basundhara 2.0 rejected applications to Koch Rajbongshi, Moran, Matak, Chutia and Ahom communities for extension of services under MB 3.0."

Cabinet has approved proposal to extend the benefit of the enhanced loan threshold limit of 730 lakh to existing 37,277 beneficiaries with an interest subvention of 1%. Cabinet has approved 234 crores to improve 219 rural roads in Tea Garden areas of 19 districts

To supervise the development of startups in Assam and provide policy, funding and mentorship support, Cabinet has approved creation of a new an administrative department, "Department of Innovation, Incubation and Startup"
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To support eligible SHG members in urban areas to take up micro entrepreneurship, Cabinet has approved guidelines for implementation of Mukhyamantri Mahila Udyamita Abhiyan - Nogoria (MMUA-N).

The scheme will provide 10,000 Seed Fund to eligible members.
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