Centre prepares Rs 800 crore proposal for revamping Nagaon Paper Mill and reviving Cachar paper Mill

GUWAHATI: The central government has prepared a Rs 800 crore proposal for revamping Nagaon Paper Mill and reviving Cachar Paper Mill.

The secretary of the heavy industries and public enterprises ministry informed Assam chief minister Sarbananda Sonowal about the proposal, the state government said in an official statement.

The proposal has already been processed for vetting. Assam has been demanding an increase in the installed capacity of Nagaon Paper Mill at Jagiroad and reviving Cachar Paper Mill at Panchgram which has been shut down due to shortage of raw materials.

The state government has offered concessions and tax breaks for this project. Sonowal said the state government would relax VAT on bamboo and coal for the paper mills.