Wednesday, 31 August 2017

Tuesday, 27 February 2018

Advantage Assam (Aim of the Summit, Investments, The Twin Towers)

"Advantage Assam " is the largest investment promotion and facilition initiative by the government of Assam.

1. Location and Timing - The Advantage Assam Summit, was held at Sarusajai Stadium in Guwahati. The summit was set up for two days 3rd February and 4th February.

2. Aim of the Summit - The summit aims at the geostrategic advantages, that is offered to the investors of Assam. It aims at showcasing the manufacturing process and opportunities offered by the state to the growing economies of ASEAN and BBN countries. It also aims at conducting road shows at different domestic and international location, in order to showcase the businesspotential and investment opportunities at the state. It promises to become a major part at G2B , B2B meetings.


3. Organizations that were engaged - The Federation of Indian Chambers of Commerce and Industry (FICCI), has been engaged as the Summit partner. It endowed with the organizing of the Summit, with support of the State Government. EY, has also been engaged as the knowledge partner of the

4. Narendra Modi's speech -PM, addresses that North East is at the heart of the Union Government's Act East Policy. This policy allowed people to contact people, trade ties and relation with ASEAN countries. He emphasized that India's growth would increase with the fast growth of the North Eastern region. He further adds that the aim of the summit is to improve 'Ease of living.'He said that the 'Ayusman Bharat' scheme, which is a healthcare scheme would benefit to 45-50 crore people. He also mentioned the other healthcare steps taken by the Union Government. He said that Union Government is working for doubling the income and welfare of the farmers. He stated the steps taken to provide affordable housing to the people.He spoke about the 'Ujala Yojana' which aims that providing LED bulbs that results in reducing the household electricity bills. He also spoke about the steps taken by the Union Government to curb corruption and black money. He mentioned about the work done to improve the transport infrastructure of North East. Lastly, he congratulated the CM of Assam, Sarbananda Sonowal for creating a business friendly environment in Assam.

5. Investments - About 1,00,000 crores was committed by 200 MOUs (Memorandums of understanding), during the first day of the summit. Mukesh Ambani of Reliance Group of
Industries,  announced that his company will be investing Rs 2500 crores in the next three years. Assam Finance Minister, Hemanta Biswa Sarma announced that Rs 1500 crores will be invested in the tourism sector. Assam Government is investing 100 acres of land for the IT Park. About Rs 2250 crores are ready for the investment in the development of inland water transport in Assam.

6. The Twin Towers - Assam Government is setting its forth for the establishment of 65 storeyed Twin Towers (Global Trade Center) , in order to boost trade. It would be a symbol of  trade and business gateway to Southeast Asia.

7. Dissatisfaction of Tarun Gogoi - The former Chief Minister of Assam, Tarun Gogoi is not in favour of the twin towers in Assam. He doubts if even one fourth of Rs 1 lakh crore, would be implemented that was signed during the summit. He says that there is no point of developing the capital alone if  development cannot be spread across Assam. Further, he adds that there are no incentives provided to the small industries. Moreover, the divide between the rich and the poor is increasing under the NDA Government. Even jobs are not provided with  timely salary. According to him, the Government should have given importance in sectors like food processing, agriculture and education, during the summit.

0 comment:

Post a Comment

Subscribe Our Newsletter