The State government inked nine Memorandums of Understanding (MoUs) with nine companies at a function held at Srimanta Sankardev Kalakshetra on May 9, Guwahati in presence of Chief Minister Dr Himanta Biswa Sarma.

It may be noted that as a part of the MoUs decks have been cleared for private investment estimated to the tune of Rs 8201.29 crore. Commissioner, Industries, Commerce and Public Enterprises Oinam Sarankumar Singh signed the agreements with the industry players like PepsiCo India Holding Limited, Varun Beverages Limited, Calcom Cement India Limited, Star Cement NE Limited, Century Float Glass Limited, Taj Cement Manufacturing Pvt. Limited, Star Cement India Limited and DS Group.

On the other hand, MD AIDC Manavendra Pratap Singh signed an MoU with the Adani Group for a Centre for Perishable Cargo at LGBI airport to provide state of the art infrastructure for air cargo handling facility to boost export of horticulture products from entire North East.

Speaking on the occasion, Chief Minister Dr. Sarma termed it a red letter day as the state witnessed pumping in private investment estimated to the tune of Rs 8201.29 crore today.

He said, “We have resolved the fault line in our society. The last two years have been unique in our history as for the first time since Assam agitation, we haven’t seen any bandh or agitation that endangered the industrial environment of the State”.

“For expediting industrial development of the state, Assam Government has formulated a customised industrial policy to help individual private investment to the size of more than Rs 100 crore. Therefore, State government has presented a congenial investment climate to put Assam on a robust growth trajectory,” Himanta Biswa Sarma said.

The Chief Minister also said that the investment in the sec- tors namely beverages, snacks and food manufacturing, ce- ment, glass, and electric vehi- cles manufacturing would help in setting up mega industrial projects in different parts of the State. He also said the fact that the investments and the fol- low-up activities would gener- ate employment opportunities in the State is a very welcome development.

Talking about the accelerat- ed growth of SGDP, the Chief Minister said that in the last budget, State Government created a corpus fund of Rs 3,000 crore to enable all the members of self-help groups to convert themselves into micro-entrepreneurs so that they can contribute to the growth of SGDP.

For the youth in the State, the government has decided to give a clean subsidy of Rs 2 lakh to each entrepreneur to create two lakh new youth entrepreneurs in the State. He also said that once the Assam Skill University becomes op- erational, the State would get at least 10 thousand skilled manpower every year.