Tata Group has submitted an software to arrange a semiconductor processing plant in Assam with an funding of Rs 40,000 crore, Assam CM Himanta Biswa Sarma on Friday. “Tata Group has submitted an application to set up a semiconductor processing plant in Assam with an investment of Rs. 40,000 crore. This will be a game-changer. My gratitude to Prime Minister Narendra Modi for his continuous guidance in transforming our state,” the Chief Minister stated in a publish on X.
Earlier in the day, Chief Minister Sarma launched a portal to begin the appliance submission strategy of Mukhya Mantri Atmanirbhar Asom at a operate held at Lok Sewa Bhawan in Guwahati.
Speaking on the event, Chief Minister Sarma stated that to create avenues of self-employment and make the youth of Assam self-reliant, the Chief Minister’s Atmanirbhar Assam Abhiyan was launched on September 23.
He stated that below the Abhiyan, steps shall be taken to empower two lakh youth for entrepreneurial ventures. The beneficiaries below the scheme are entitled to obtain Rs 2 lakhs in two instalments as a mix of presidency grants plus interest-free authorities loans to set up micro-enterprises or service items.
The Chief Minister stated that the scheme plans to goal two lakh eligible beneficiaries over the following two years. He stated that every of the 2 lakh youth shall be given Rs. 2 lakh. Out of this, Rs 1 lakh shall be given as a authorities subsidy and the remaining Rs. 1 lakh could have to be returned after the completion of 5 years of their enterprise with none curiosity.
CM Sarma stated that the scheme was launched to empower the youth financially and make them eligible for different loans from the central authorities. He stated that the net portal created for the scheme has to this point witnessed the registration of two,29,145 beneficiaries.
He additionally stated that 1591 youth having skilled levels shall be entitled to a mortgage amounting to Rs. 5 lakh below the scheme, of which 50 per cent shall be authorities subsidy and the remaining 50 per cent shall be an interest-free mortgage.
Chief Minister Sarma additionally stated that the state has already witnessed a strong industrial local weather.
