For creating an investor-friendly atmosphere in Assam, The Assam Micro, Small, and Medium Enterprises (Facilitation Of Establishment And Operation) Act, 2021 will be amended for time-bound delivery of Clearances, Permissions, licenses, NOCs, etc. for the establishment and operation of the Micro Small and Medium Enterprises in the Notified Industrial Areas as well as Deemed Industrial Areas.

The bill introduced in the Assam Assembly seeks to amend the Assam Micro, Small, and Medium Enterprises (Facilitation of Establishment and Operation) Act, 2020.

“Govt. committed towards creating an investor-friendly atmosphere in the State. Many steps have been taken in the past few years to promote investment and make the State of Assam investor friendly and it’s a step towards that,” a senior official of the Industries and Commerce Department said.

The state cabinet has already accorded approval on the "The Assam Micro, Small & Medium Enterprises (Facilitation of Establishment and Operation) Amendment Bill. 2021".

It may be mentioned here, MSME Export Promotion Council (MSME EPC) urged the central government to increase the tourism budget of Northeast by Rs 10,000 crore, which will in return generate around three lakh new jobs in the region.

In a study, Northeast Paradise For Tourism Need For Developing Tourism Markets, the export promotion body has suggested that the Centre should consider enhancing its budget by Rs 10,000 crore for tourism promotion in the region.

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