Registration granted to 105 Industrial Units under the North East Industrial Development Scheme (NEIDS), 2017 by the 9th Empowered Committee Meeting

All applications recommended for registration upto 31st October 2021 considered

Under the Chairmanship of Secretary, DPIIT, the Empowered Committee of North East Industrial Development Scheme (NEIDS) 2017, in its 9^th meeting granted registration to 105 new industrial units in the North East. Till date, a total of 391 new industrial units with a proposed total investment of INR 2631.19 crore have been granted registration under NEIDS, 2017. With this all applications recommended for registration by the concerned state governments upto 31^st October 2021 has been considered by the Empowered committee.

The total incentives envisaged by these 391 industrial units amounts to INR 1740.06 crore with projected employment generation of 15,987.

To promote industrialization in NE States and to boost employment and income generation, Government notified NEIDS, 2017 on 12.04.2018. The Scheme was formulated on the basis of suggestions received from State Governments, Industrial Associations and other stakeholders. The Scheme covers both manufacturing and service sector.

This could be achieved through key initiatives taken including developing an online application portal which allows submission of application and claim forms online besides online processing of the cases with each stage being intimated to the applicant. The Government of India has also delegated the powers for processing and approval of the claims to the State Governments with a view to expedite the release of incentives to the industrial units.

All the stakeholders are being periodically engaged through symposiums and workshops and one such mega engagement was held on 30^th November, 2019 with the theme of “Accelerating Investment & Industrial Development in North-Eastern Region” by DPIIT with team members from Invest India and Ease of Doing Business (EoDB) Division, Departments heads in industries Departments of all the 8 State Governments, National bodies like APEDA and NER representatives from Industry Associations such as CII, FINER, Laghu Udyog Bharati, ASSOCHAM and FICCI etc besides manufacturing and service sector units located in North East Region and other Stakeholders. Hand on training the processing on NEIDS portal were also provided.

NEIDS registration expands: new industrial units cleared under the Scheme, state processing delegated to expedite incentives. Registration of 105 industrial units was approved by the 9th Empowered Committee under the North East Industrial Development Scheme, 2017, raising total registrations to 391 units; all applications recommended by State Governments up to 31 October 2021 were considered. The Scheme covers manufacturing and services, employs an online portal for submission and claims with stage-wise intimation, and delegates claim-processing and approval powers to State Governments to expedite incentive release.