The North East Industrial Policy came into force with effect from 24.12.1997. It provides for various concessions like excise duty exemption, income tax exemption, investment subsidy, interest subsidy, comprehensive insurance etc. The North East Industrial Policy is currently under review.
As per the impact assessment carried out by the Tata Economic Consultancy Services, the number of units set up in the North Eastern Region and the details of investment during 1999 to September 2004 is as indicated below:
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This was stated by Shri Ashwani Kumar, Minister of State for Industry in a written reply to a question in the Rajya Sabha.
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