Tuesday, January 7, 2025
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Study group set up for ‘sick’ industries of North-East

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A special study group has been constituted to go into the problems in the “sick” industries of the North-East.

Stating this the Union Deputy Commerce Minister, Mr Purno A Sangma, told newsmen here on May 12 that the Special Group would also suggest remedial measures for nursing the industries.

Mr Sangma, who is also in-charge of the industries for the region, said that the Study Group would have to report thrice in year to the Standing Committee of the Small Scale Industries Board of the region.

The Study Group would be headed by the Secretary NEC. The other members are: all Directors of Industries, RBI, SBI, IDBI, NEITCO, SISI, and representatives of two SSI Associations.

Mr Sangma, who came to attend the second meeting of the SSI Board’s Standing Committee, said that it had recommended that the transport subsidy for the region should be raised from 75% to 100% and the nodal points should be Calcutta and Patna instead of Siliguri as at present.

The Centre has allotted a lot of land in Delhi for setting up a showroom for the handicrafts and handloom of the North East. The Centre has sanctioned Rs 20 lakhs for the construction of the showroom which would be run by the North Eastern Handloom and Handicrafts Corporation, he added.

 

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