Suspension of registration under NEIIPP, 2007 worries Gogoi

By our Staff Reporter

GUWAHATI, May 5: Assam Chief Minister Tarun Gogoi has raised serious concern over the issue of suspension of registration of units under North East Industrial and Investment Promotion Policy (NEIIPP), 2007.

In a letter to the Minister of State (Independent Charge), Commerce & Industry, Nirmala Sitharaman recently, the Chief Minister requested her to withdraw the circular on suspension of registration of units under NEIIPP, 2007 as it would 'not only affect the industrial sector but also the economy of the entire North Eastern Region. Such abrupt decisions erode the credibility of the Government.'

The Chief Minister pointed out about the clarification made by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry that the schemes under NEIIPP have neither been cancelled nor withdrawn, yet the suspension of registration under it has not been withdrawn. Gogoi said though the State Government has taken up the matter with DIPP, a positive response is still awaited. In reply to Gogoi's letter, Sitharaman, while taking note of the former's concern over the matter, said that fresh registration under NEIIPP, 2007 has been suspended due to resource crunch. She also reiterated that subsidy claims under NEIIPP, 2007 would be considered based on budget allocation of the department.

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