Northeast India to focus on MSME sector

Bikash Singh

GUWAHATI: Northeast India has decided to focus promoting micro, small and medium enterprises (MSME) sector and extend the benefits of North East Industrial and Investment Promotion Policy ( NEIIPP) 2007 to this sector.

Forum of Northeast India industry minister reviewed NEIIPP in Guwahati on Thursday.

Chairman of forum and Assam industry minister, Pradyut Bordoloi said that, "Big industry needs large lands which are presently not available in Northeast India."

The five years of operation of this policy has seen the region attracting Rs 38,000 Crore proposals. Goods transport through waterways will be covered under NEIIPP.

Bordoloi added, "It is clear now that not only goods transport through the surface transport but goods ferried through waterways will be covered under the policy."

The chairman added "The investment climate nationally led to scaling down such proposals in Northeast India."