Tata Electronics Limited applies for setting an electronic centre at Jagiroad

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Chief Minister Dr. Himanta Biswa Sarma launched a portal to ceremoniously start application submission process of Mukhya Matrir Atmanirbhar Asom at a function held at  Lok Sewa Bhawan.

Speaking on the occasion, Chief Minister Dr. Sarma said that with an objective of creating avenues of self-employment and making the youth of Assam self-reliant, Chief Minister’s Atmanirbhar Assam Abhiyan was launched on 23rd September, 2023. He said that under the Abhiyan, steps will be taken to empower two lakh youth for entrepreneurial ventures. The beneficiaries under the scheme, are entitled to receive Rs. 2 lakh in two instalments as a combination of government grant plus interest free government loan to establish micro enterprise or service units. The Chief Minister said that the scheme plans to target two lakh eligible beneficiaries over the next two years. He said that each of the two lakh youth will be given Rs. 2 lakh. Out of this Rs. 1 lakh will be given as government subsidy and the remaining Rs. 1 lakh will have to be returned after the completion of five years of their business without any interest.

The Chief Minister said that the scheme was launched to empower the youth financially and make them eligible for other loans of the Central government. He said that the web portal created for the scheme has so far witnessed the registration of 2,29,145 beneficiaries. He moreover said that 1591 youth having professional degree will be entitled to loan amounting Rs. 5 lakh under the scheme of which 50 per cent will be government subsidy and remaining 50 per cent will be interest free loan.

Chief Minister Dr. Sarma also said that the State has already witnessed a robust industrial climate. He also said in the last couple of years under the present State government, MoU worth Rs. 10 thousand crore have been agreed upon with different business ventures. He said that as a result of successful discussion with Assam government, Tata Electronics Pvt. Limited is in the process of setting up a plant involving a financial outlay of Rs. 40 thousand crore for assembling and packaging of semi conductors at Jagiroad. Educated and skilled human resources will be required for the plant, as the government has drawn an elaborate arrangement with Tata Group for educating and skilling the youth of the state. On the sidelines of the programme, Chief Minister Dr. Sarma witnessed an exhibition put up by the 14 start up units.

Additional Chief Secretary to Industries and Commerce Dr. Ravi Kota gave welcome address of the programme which was also addressed by Industries and Commerce Minister Bimal Bora. Agriculture Minister Atul Bora, Panchayat and Rural Development Minister Ranjeet Kumar Dass, Transport Minister Parimal Suklabaidya, Finance Minister Ajanta Neog, PHE Minister Jayanta Mallabaruah, Revenue etc Minister Jogen Mohan, MLA Naba Doley, Chief Secretary Paban Kumar Borthakur and other senior government officers were present on the occasion.

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