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Investment Facilitation

 

 Assam intends to attract maximum investment in all available potential sectors by the entrepreneurs of the country and Foreign Direct Investment (FDI). The State Government has constituted a separate cell – The Industrial Investment Secretariat Cell (IISC) to facilitate investment – and a High Level Committee to accord fast track clearance for investment proposals. The Cell will function as a single point of contact for all inquiries from investors including supplying of information pertaining to permissions/ procedures/ guidelines.


To synergize its efforts with the above mentioned policy, the State Government of Assam also offers attractive investment incentives and also subsidies on power consumption through its industrial policy.

Procedural Simplification-

1. Allotment of Land/Shade

All applications received for allotment of land up to 1 acre and shed up to 500 square metres in the Industrial Estates/ Industrial Areas/IIDC/Growth Centre etc. will be disposed off within a maximum time period of 30 days. Since as per Chapter 5, the I.E./ I.A./G.C. under Industries Department will be transferred to AIIDC; hence a committee headed by M.D. AIIDC/ AIDC/ ASIDC will allot land/ shed up to 1 acre under their respective control within the above time period. A Nodal Officer from Directorate of Industries & Commerce will be a member in the above land allotment committee. Requirement beyond above limits will be disposed off within 60 days by a State Level Committee chaired by Principal / Commissioner, Secretary, Industries & Commerce Department with representatives from departments of Revenue and Finance.