What are the features of the North East Industrial and Investment Promotion Policy 2007?
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 for a period of 10 years from the date of commencement of commercial production (DOCP), (iii) …
How do you use Neids?
Application Procedure for the Scheme Step 1: Firstly, all eligible industrial units will have to register under the NEIDS Scheme with the Department of Industrial Policy & Promotion, Ministry of Commerce and Industry, Government of India to avail the for any benefit under this scheme.
What is Neiipp?
North East Industrial and Investment Promotion Policy (NEIIPP), 2007 | Department for Promotion of Industry and Internal Trade | MoCI | GoI.
What is the proportion of state and central share of subsidy of north eastern state?
For North Eastern states, subsidy is 90%. However, for the movement of goods within NER, the subsidy is 50% on finished goods and 90% on raw material. TSS was modified and notified as “Freight Subsidy Scheme (FSS) – 2013, w.e.f. 22.1. 2013 for a period of five years.
What is Nesids?
North East Special Infrastructure Development Scheme” (NESIDS) has been approved by the Government of India as a new Central Sector Scheme on 15.12. 2017. The period of Scheme is 2017-18 to 2019-20.
Who announced industrial policy 1997?
Ministry of Industry notified this Policy on December 24,1997. The salient features of the Policy are as follows: Expenditure on Growth Centres, up to Rs. 15 crores would be me through Central assistance.
What is the percentage of subsidy given by the central government to North Eastern states?
For North Eastern states, subsidy is 90%. However, for the movement of goods within NER, the subsidy is 50% on finished goods and 90% on raw material.
Why is Sikkim not a part of seven sisters?
Contrary to the popular notion, Sikkim is not counted among the Seven Sister States of India because it does not share borders with any of them. Nonetheless, it is casually called the brother of the Seven Sisters.
Which are north eastern states?
eight States viz. Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.
Is it 7 sisters or 8 sisters?
The Seven Sister States is a popular term for the contiguous states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura prior to inclusion of the state of Sikkim into the North Eastern Region of India.
What are the benefits of NEIIPP 2007?
Benefits under NEIIPP, 2007 have also been extended, for the first time, to select Service Sector units, Bio-technology units and Power Generating units (up to 10 MW), besides industries in the manufacturing Sector. Scheme Objectives: – The objective of the scheme is to boost industrialization in North Eastern Region.
What are the objectives of NEIIPP?
Scheme Objectives: – The objective of the scheme is to boost industrialization in North Eastern Region. Coverage and eligibility: – NEIIPP, 2007 covers the entire North East Region comprising States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim.
Who is the implementing agency of NEIIPP 2007?
DIPP is the implementing agency of NEIIPP, 2007. North Eastern Development Finance Corporation Ltd. (NEDFi), Guwahati is the nodal agency for disbursal of subsidies under various subsidy schemes of NEIIPP, 2007. Evaluation of the Scheme: – DIPP carried out an evaluation study of NEIIPP, 2007 to assess its impact through an independent agency.
Is my unit eligible for NEIIPP 2007?
The unit is eligible to enjoy the benefit as per declaration under NEIIPP 2007. For any queries, the applicant may contact General Manager, DICCs in their telephone no, OR may send an eMail or may call to helpline No:9613191022.