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Assam Chief Minister Himanta Biswa Sarma called on Union Power Minister, RK Singh recently. The Chief Minister briefed the Power Minister about the unprecedented 26 per cent increase in power demand due to growth of productive sectors of the economy. Power Minister Singh assured that he would consider the personal request of the Chief Minister to allocate at least 300MW of power to Assam to tide over the current power deficit.
The Assam cabinet has approved productivity linked incentives for the industry. Sarma recently said, “ Advance states like Uttar Pradesh, Gujarat and Orissa have announced a policy for semiconductors. We have announced a policy where there will be a capital investment subsidy. With our new production linked incentive policy, Assam will soon attract investments to manufacture semiconductors in the State.”
Itc: The two projects, when complete, would entail a total investment outlay of Rs 1,500 crores which will support livelihoods across sustainable value chains.