The North East Industrial Development Scheme (NEIDS), 2017, implemented by the Department of Promotion of Industry and Internal Trade (DPIIT) covers manufacturing and service sectors. The scheme provides incentives to eligible industrial units including Central Capital Investment Incentive for Access to Credit; Central Interest Incentive; Central Comprehensive Insurance Incentive; Income Tax Reimbursement; Goods & Services Tax Reimbursement of Central Share of Central Goods & Services Tax and Integrated Goods & Services Tax; Employment Incentive; and Transport Incentive.

As on 15.03.2023, a total of 926 industrial units (including conditional registrations) have been registered under the NEIDS, 2017.   74 projects proposing Plant & Machinery investment of more than Rs. 15.00 crore have been registered under the scheme. Of these, 06 projects have been provided incentives under Central Capital Investment Incentive for Access to Credit and a total of Rs. 164.05 crore has been released under the component to industrial units of NER.  As per information provided by DPIIT there is no extension centre under the scheme. However, North Eastern Development Finance Corporation (NEDFi) has been engaged for disbursal of incentives to the eligible industrial units.

No such information is available in this Ministry.

This information was given by Minister for Development of North Eastern Region Shri G. Kishan Reddy in the Lok Sabha in a written reply today.

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MG/RNM

(Release ID: 1911211)