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Preliminary text of PMs address at the inaugural session of Advantage Assam- Global Investors Summit 2018 in Guwahati, Assam

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Preliminary text of PMs address at the inaugural session of Advantage Assam- Global Investors Summit 2018 in Guwahati,

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‘Global Investors Summit’ ???, ??? ?? ??? ?? ?????? ???? ???? 

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Friends!

We created the Act East Policy and the North-east is at the heart of it. 

The Act East Policy requires increased people to people contact, trade ties and other relations with countries on India’s east, particularly ASEAN countries. The tag-line of this Summit is very appropriate and gives a big Message.

‘Advantage Assam: India’s Express way to ASEAN’ is not just a Statement but it is a holistic Vision. Recently, we had the ASEAN India Summit celebrating 25 years of our partnership. 

ASEAN-India partnership,   may be 25 years old but our ties with these nations go back to thousands of years.  It was a privilege for India to host Heads of 10 ASEAN countries as honoured Guests  at our Republic Day function  in New Delhi.

Bangladesh has recently opened a consulate in Guwahati, becoming the first country to do so. I am happy to learn that The Royal Government of Bhutan has opened Bhutanese Consulate in Guwahati yesterday.

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?? ????? ?? ???? ????-2 ?? ????-3 ????? ??? ?????????? ?? chain ????? ?? ???????? ?? ?? ??? ????? ?? ??? ?? assured Income ?? ????? ?????? 

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???? ?????, 3 ???? ?? ?????? ?? ???? ???????? ?? 800 ?? ?????? ????? ??????? ?? ??????, ?????? ?? ???? ??? 85 ??????? ?? ?? ???, Knee ????????? ?? ???? ?? ????????, ???? ???? ????? ?? ????? ?? ??? ??? ?? ????? ???? ?? ?? ???? ???? ?? ??? ????

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???? ????? ????? 22 ???? ??????? ??? ?? ??????? ?????????? ??????? ?? ??? ?? ?????? ????? ?? ?????? e-NAM ???? Electronic National Agriculture Market ?????????? ?? ????? ??????

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???? ???? ??, ???? ??? ??? ??? ???? ??????? ?? ????? ?? ?? ?? ?????? ?????? ?? ????? ?? ??? ?? ?????-????? ?? ????? ?? ?? ?????? ???? 

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?? ?? ???? 1300 ????? ?? ???? ???? ?? ‘National Bamboo mission’ ?? ??-????????? ?? ??? ???? ?????-????? ?? ????? ??, ????? ???? ?? ??????? ?? ??? ?? ?????? ?? ?? ????? ????? ?? ??? ??? 

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?? ????? ?? affordable Housing ?? ??????? ??? ?? ???-??? ?????? ?????? ??? ???, ????? ??? ???, ?? ??? ?? ?? ???? ?? ?? ???? ?? ????? ?? ?????? ?? ???? ???? ??? ??? ??????? 

???????????? ???? ????? ?? ??? ????? ??? ???? ???  ???? ?? ????? ?? ???? ?? ???? ???? ??? ??? ??? ???? ???? ?? ?? ?? ???? ?? ???-??? ???? ???? ?? 51 ??? ?? ?? ???? ???????

????? ????? ???? ?? ????? ???? ?? ????????? ?? ????? ??? ???? ??? ????? ?? ???? ?? ????? ??? ???? ??? ?? ?? ??? ??? 

???? ????? RERA- ???? ???? ?????? ?????????? ?? ???????? ???? ?? ??? ?? ?? ?? ?????? ??? ?????????? ?? ?? ?? ????? ???? ?? ?? ????? ??? ????? ??? ???

Affordable Housing ?? ??????? ??? ????? ????? ????? ????? ???? ??? ??, ?? ????? ?? ???? ?? ?? ?? ??????? ??? ?? ?? ?? ?????? ???? ?? ???? ???? ?? 
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????? ?? ?? ?????, ???? ??? ??? ????? ??????? ?? ??? ??, ???? ????? ???? ?? ???? ???? ?? ??? ??, ???? ?????? ??- ????? ?????? ???? ?? ????? ?? ??? ????? ??? ?? ???? ??? ????? ???? ?? LED ???? ?? 40 ?? 45 ???? ??? ??? ??? ??? ?? ?????? ?? ?? ??? ???? ??? 5 LED ???? ??? ???, ?? ???????? ?? ?? ????? ?? ?? ?? 400 ?? 500 ???? ????? ??? ??? ??? ?? ??? ??? ?? ?? ????? ????? ?? ??? ??? ??? 28 ????? ?? ?????? LED ???? ????? ?? ???? ???? ???? ??? ?? ??? ?? ??????? ????? ???? ?? ????? ?? ?? ??? ???? 15 ???? ????? ???? ?? ??? ????? ??? ??? ?? ??? ??? 
ASEAN ???? ??? ?? LED ???? ?? ???? ??? ?? ?? ?? ?????? ???????? ?? ??? ????? ???? ??

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??? ??? ???? ??????? ?? ????? ?? ???? ?? ?????? ?????? ???? ???????? ????? ?? ?? ?? ??? ?? ???? ???? ???? ?? ??? ??? ??? ??? 

????? ?????? ?? ?? 2019 ?? ???? ????? ???? ??????? ?? ????? ??? ??????? ?????? ?? ?? ?? ????? ?? ?????? ?? 3 ????? 30 ??? ?? ?????? ??????? ?? ??? ???? ?? ???? ??? ?? ?? ??? ??? ???? ?? ???? ?? ?? ?? ???????? ????? ?? ??? 8 ????? ??????? ?? ????? ??? ??????? ???? ??????
 
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2014 ?? ???? ?? ?? ?????? ??? ????? ?????? ????? ?? Aspiration ?? ??? ??? ??? ????? ???? ???, ?? ??? ????? ???? ???? ?? ????? 

??? ?? ?????? ?? ????? ?? ???? ?? ?? ??? ???? ??? ????? ?? ?? ???? ?? ???? ?????? ???? ??, ?? ???? ???? ?????? ????? ???? ??? ?????? ????? ?? ?????? ?? ???? ?????? ???? ?? ?? ??????? ?? ?? ???? ???? ?? ????? 

?? ????? ?? ????? ??? ?????? ??? ??? ?? ??? ????? ?? ??????????????? ??? ???? ?? ?? ??? ??? ????????? ???? ??? ???? ???? ??, ?? ????????? ?? ??? ???? 

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?? ???? ??????? ?? ???? ??? ??? ?? ???????? ??, ??? ?? ???? ???????? ?? ???? ?????? ??? ???

Friends!
Development of MSME sector is a priority for us as this is the back-bone of our industries.

 In this year’s budget we are giving a big relief to MSMEs by reducing rate of income tax to 25% on companies reporting a turn-over of up to Rs. 250 crore. This will benefit almost 99% of companies. 

The formalisation of businesses of MSMEs due to introduction of GST, will help MSMEs to access credit from financial sector. Now, Government will contribute 12% to EPF for new employees in all sectors for three years. 

This Budget has provided additional deduction to the employees of 30% of the wages paid for new employees under the Income Tax Act. 

We are also rolling out e-assessment of income tax across the country to eliminate corruption and bring efficiency and transparency. Further, the women employees’ contribution to EPF will be 8% for first three years against existing rate of 12%.   

Paid maternity leave has been increased from 12 weeks to 26 weeks, along with provision of crèches to incentivise women employment in the formal sector. All these efforts, will strongly support ‘Make in India’ Also. 

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????? ?? ??? ??????? ?????? ?? ????? ?? ??? ???? ????? ?????? ???? ?????? ?????? ??? ???? ??? ?? ???? ??, ?? ?? ?? ??????????, ??????? 

????? ????? ?? ?????? ?? ?????????? ?? ???? ???? ?? ???????? ?? 
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?? ?? ??? ?? ??? ???? ??? ?? ?????? ???? ?? ???? ?????? ???? ????? ??? ????? ??? ?? ?????? ?????? ?? ????????- ?????? ?? ?? ????? ??????? ???? ????? ?? ??? ???? ?????? ????? ??? ????? ?? ???? ??? 

????? ????? ?? ??? ??? Economic Transparency ???? ?? ??? ?? ?? ???? ??? Insolvency and Bankruptcy Code ?? ??? ?? ?? ????? ??? 

?? ????? ?? ???? ??? ????????????? ????????? ?? ?????? ?? ??? ?? Code ?? ???????? ????? ?? ?? ??? ??? ?? ???????? ?? ?? ?????? ??? ????? ?? ???? ???
  
Friends!

The Union Government has taken up many path breaking economic reforms in last three years, which have simplified procedures   for doing business. 

 It is a result of these reforms that India today ranks 100 among 190 countries in the Doing Business Report, of the World Bank, after climbing up 42 ranks! 

The position of India has improved in many other ratings like Global Competitive--ness Index of World Economic Forum and Moody’s rating upgrade from stable to positive in November 2017.

Our policies have ensured that inflation remains below 5% mark.  Now, we have Foreign Exchange Reserves of US Dollars 418 Billion. Many new sectors have been opened for 100% FDI through automatic route like Automobiles,   Textiles, Tourism, Ports, Roads & Highways.Today, India is one of the most preferred destinations for FDI.  India has received highest ever annual FDI of USD 60 Billion in 2016-17.  

The world sees India today, as an emerging power house for economic growth.

 I am happy to note that is ranked first among the North Eastern States in the Ease of Doing Business report. I am sure that with the present leadership of the State Government, is going to further improve its current position to emerge as one of the most sought after states for industrial investment in the country. 

Friends, today our focus is on infrastructure investment and next year we will be investing about Rs. 6 lakh crore in this sector.This year we aim to complete more than 9,000 kilometers length of National Highways.   

We will be developing 35,000 kilometers of roads with investment of Rupees 5.35 lakh crore under ‘Bharatmala’ project.  

The Railways will make an investment of Rupees 1.48 lakh crore in 2018-19. 

 Our target is to re-develop 600 major Railway Stations in coming years. All these investments decisions will speed up development and are expected to generate lakhs of jobs in the coming years.

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?????????? ?? ????? ??? ?? ???-??? ????????? ??? ???? ?? ??? ?????-??????? ???-?????????? ?? ???? ???? ???? ?? ?? ??? ?? ??????? ??? 

?? ??????? ?? ???? ???? ?? ??? ?? ??? ?? 2022 ?? ???? ?????? ?? ???? ?? ???? ???? ?? ?????? ???? ??? ???

?????? ?? ?????? ?? ?? ?????? ??? North-East  ?? ????? ?? ?????????? ?? ????? ???, ???? ??????? ?? ????? ???, ??????? ???? ?? ??? ??? ?? ?????? ???? ???? ?? ??? ???

??? ????? ??? ?? North-East  ?? 
8 ?????-???????????, ??? ?? ????? ?? ?? ????? ???? ?? ?? ???? ??? ????? ?? ???? ?? ??? ?? ????? ?? ??? ??????

????? ????? ????? ??????  ?????-????? ??? Transformation By Transportation ?? ???? ?? ??? ???? ?? ??? ??? 

????????????? ??? ???? ?? ??? ????? ?? ???? ??????? ?? ?????? ????? ?? ??? ?? ??? ???

????? 3 ???? ??? north-east  ??? ????? ????? ??? ?? ???? 5,300 ????? ???? ????????? ???? ???? ?? ???? 

???? 47 ???? ????? ???? ?? ???? ?? ?????-????? ??? 15 ?? ??? ?????? ?? ??? ???? ?? ??? ??? ??? ???? ????? ??? ?? ??????-?????? ??? ?? ??? ???? ????, ????????-?????????? ?? ??? ????? ??????????? ????? ?? ???? ???? ????? ???? ??????? ?? ?????????? ?? ???? 33 ???? ????? ???? ?? ???? ?? north-east ??? ????-???? 4 ???? ???????? National highway ?? ??????? ?? ???????? ?? ???

 ???? ????? ????? ???? ?? ?? ??? ?????? ??? 90 ???? ????? ???? ?? ???? ???? ?? ?????-????? ??? ??? ?? ????? ?????? ?? ??????? ??????

?????? ?? ?????, 
???????????? ??????? ???? ????? ??? ?? ?? ??? ???? ??? ??? ???? ???? ?? ????? 2022 ?? ???? ???? ??, ???? ?? ???? ???? ???? ???? ?? ??? ?? ???? 2019 ?? ?? ???? ??? 

???? ?? ????, ?? ??? ??? ???? ?? ?? ???? ???? ?? ?? ???????????? ??????? ???? ????? ?? ??? ????? ???? ?? ???? ????? ?????? ????? ???? ?? ???? ?????, ????????, ???? ??????? ?? ?? ????? ?????? 

???? ???? ?????? ?? ????? ???? ?? ???, Intra State Transmission ??? Distribution System ?? ????? ???? ?? ??? 10 ???? ????? ???? ?? ?????? ?? ??????? ???? ?? ?? ???? 

???? ???? ?? ???????? ??? World Class Airport Terminal Building ?? ??? ???? ???? ?? ??? ?? ?? ?????? ????? ?? ??? ?????-????? ????? ?? ??? ?? ??????????? ?? ?? ????? ??????
 
‘????? ?????’ ?? ??? ?? ????? ?????-????? ?? ????? ?????????? ?? ??? ??? ???? ?? 19 ???????? ?? ??????? ?????? ?? 5 ?? ????? ??? ??? ???, ?????? ??? ?? ???? ????? ?? ?????? ?? ???? ??? ??? ???? ?? ??? ???
 
?????? ????? ?????? 160 ?? ?????? ????? ?? ??? ???? ????????? ?? e-visa ?? ?????? ???? ???? ?? ?? ??????? ??? ??????? ?? ????? ??? ??? ?????? ????????

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?????? ????? ?? ???????? ??? 1100 ????? ???? ?? ?????? ?? ???? ?? ?? ???? ?? ?? ?????? ?? ??? 

????? ?????-????? ?? ?? ????? ??? ????? ?? ??? ?????? ?? ??? ??? ?? ??? ??? ??? ???? ????? ???? ?? ???? ?? GAIL(???)  ?????? ???????? ?? ??? ???? ???? ?????? ?? ??? ??????? ???? ??? ???
 
?????? ????? ?? ??? ?? ??? ?? ?? ?????- ‘North-East Special Infrastructure Development Scheme’ ?? ?????? ?? ??? ???? ??? ?????? ????? ?????? 100 ??????? ?????? ???? ??????????????? ?? ????? ??????? ?? ???? ???? ?????? 

?????-????? ??? ?? ??? ?? ?????, ???? ?? ??????? ?? ?????? ??? ??? ?????, ???? ?? ?????? ?? ???, ???? ?? ??????? ?? ???, ?????? ?? ?? ???? ???? ?????
 
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??? ??? ?? ??????????? ???? ???????? ??????? ?? ?? ???? ???? ??? ????????? ???? ?? ?? ??? ??? ??? ??? business friendly ?? development friendly ??????? ????? ?? ??? ???? ??? ?????????? ?? ????? ?? ??? ????? ?? ???? ????? ??? ????

??? ????? ???????? ?? ????? ?? ???, ??????? ?????? ?? ???, ????? ????????? ?? ?? ??? ???? 

?? IT Policy,

?? start-up policy, 

?? sport policy, 

?? sugar policy, 

?? solar energy policy ???? ?? ?? ???
 
??? ????? ????? ?? ?? ??? ?? ??? ?? ??????? ???? ??? ?? ?? ???????? ?? ?????? ????? ?? ??? ??????? ?? ??? ?? business hub ?? ??? ?? ?????? ?? ??? ??? 

???????? ?? ??????? ???? ?? ??? ?? ?? Develop ???? ?? ??? ???

Once again I congratulate the people of and North East for holding such a big event with great fervour. I also express my thanks to the participating dignitaries present from across the ASEAN and BBIN countries in the Global Investor Summit.  

 I am sure the Summit is just a beginning and will add a new chapter to our thousand years old relations with You.  

?? ??? ??? ??? ?????-????? ?? ????? ??, ??? ?? ????? ?? ?? ????? ????? ?? ??? ????-???? ?????????? ???? ???? 

?????-????? ???? ???? ???????  

?? ??? ?? ????-???? ??????? !!!

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, February 03 2018. 00:20 IST