| NORTH
EAST ENQUIRER |
| Headlines Vol. 2 Issue No. 5 | June 7 - 21, 2003 |
Rs. 55 Crore for NE export promotion The Centre has sanctioned Rs 55.03 crore to Meghalaya, Mizoram, Tripura and Assam for export promotion. The grant is from the critical infrastructure balance schemes, assistance to critical infrastructure balance schemes, assistance to states for development of export infrastructure and other activities scheme. Development of trade and exports in the North-Eastern region is receiving a ‘very high priority’. A fund was created for this purpose following the Prime Minister’s announcement in January 2000 known as ‘PM action plan for the north-east.’ The Government has so far sanctioned Rs 7.95 crore for 21 projects. The commerce department has recently introduced transport subsidy for horticulture products from the North-Eastern region under Export Development Fund. Initially 10 products were identified for transport
subsidy and some more added to the list later. |
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