The Government has announced a fiscal package of
incentives namely North East Industrial Policy (NEIP), 1997 for development of
industries in North Eastern Region. A fresh package of incentives has been
announced under North East Industrial and Investment Promotion Policy (NEIIPP),
2007 to give further boost to industrialization in North East Region. Benefits
available under NEIIPP, 2007 include Central Capital Investment Subsidy,
Central Interest Subsidy, Central Comprehensive Insurance Subsidy and Tax
concessions/excise duty benefits.
Additionally, the Government is also
providing Transport Subsidy on transportation of Raw Material/Finished Goods.
Details of funds released and utilized to the
north-eastern region for the last three years and current year under various
schemes is Annexed.
ANNEXURE
(Rs. in crore)
|
Name of the Scheme
|
2010-11
|
2011-12
|
2012-13
|
2013-14
|
Total
|
Amount Disbursed to the beneficiary industrial
unitsupto 28.02.2013.
|
|
Transport Subsidy
|
353.42
|
331.03
|
215.57
|
Nil
|
900.02
|
830
|
|
Capital Investment Subsidy
|
45.45
|
43.55
|
86.1
|
Nil
|
175.1
|
153
|
|
Central Interest Subsidy
|
25.49
|
16.44
|
13.7
|
Nil
|
55.63
|
53.92
|
|
Comprehensive Insurance Scheme
|
4
|
Nil
|
Nil
|
Nil
|
4
|
4
|
|
Other Schemes for NER
|
0.05
|
Nil
|
Nil
|
Nil
|
0.05
|
0.05
|
|
TOTAL
|
428.41
|
391.02
|
315.37
|
Nil
|
1134.8
|
1040.97
|
This information
was given by the Union Minister for Commerce and Industry, Shri
Anand Sharma in a written reply in the Lok Sabha today.
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DS/RK