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North-East Industrial and Investment Promotion Policy

Dated:- 8-5-2015 - To promote industrialization in the States of North Eastern Region leading to overall growth of the region, the Government announced a package of fiscal incentives, namely the North East Industrial and Investment Promotion Policy (NEIIPP), 2007, w.e.f. 01.04.2007 for a period of 10 years, salient features of which are grant of (i) Central Capital Investment Subsidy @ 30% of investment in Plant and Machinery, (ii) Central Interest Subsidy @ 3% of working capital loan availed fo .....

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, Packaging, Poultry Feed, Ferro-alloy, Bakery, Hotels, Hospitals, Power Generation, etc. Fresh registration of industrial units for claiming benefits of the schemes under NEIIPP, 2007 has been suspended w.e.f. 01.12.2014, since committed liabilities under the Package are far greater than Annual budget allocation. However, the scheme has neither been cancelled nor withdrawn. There is no proposal for discontinuing the scheme at present. A number of initiatives have been taken in the recent past f .....

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