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.
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.