Talking to newsmen here, KCC president Mahavir Jain urged Prime Minister Narendra Modi, who would be present at the oath taking of chief minister designate Sarbananda Sonowal here tomorrow, to revive the state's economy and bring in fresh investment by immediately restoring the NE Industrial Policy and Promotion (NEIPP) for at least 10 years.
Exemptions given in the policy should be continued, he said and added that projects of Rs 25,000 crore were held up due to the hold on NEIIPP.
Jain said improvement of rural economy was essential to improve the purchasing power of the state's 82 per cent rural population and this would be possible only with the improvement of investment in agriculture and horticulture sectors and allied fields like food processing.
The Centre must declare these as thrust areas as they are employment intensive, while investment in oil sector is only capital intensive, he said.
Improvements in agriculture and horticulture sectors should be supplemented by increasing investment in and development of related infrastructure like cold chain in every sub-division, marketing facilities and warehouses for farmers.
The industry body also suggested declaration of tea as a national drink and said the garden owners should be allowed to use at least 50 per cent of their surplus land for agriculture/horticulture purposes.
Specialised organised crops could be grown in areas
near Brahmaputra river during the winter and a plan should be drawn up for funding seeds, marketing infrastructure, soft loans, water pumps and other essentials for the purpose.
Jain also pleaded for thrust to traditional handloom and handicraft sectors for self employment in rural areas, specially among women and also help save traditional designs, culture and craft.
The large presence of para military forces in the NE could be used for training the youth to enable them to join these forces, he said.
Higher fund allocation for skill development projects should also be made so that at every block and sub division can have such centres for gainful employment to the youth.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
