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 software to arrange a semiconductor processing plant in Assam with an funding of Rs. 40,000 crore. This shall be a game-changer. My gratitude to Prime Minister Narendra Modi for his steady steering in reworking our state.” mentioned the Prime Minister in a speech on X.
Earlier within the day, Chief Minister Sarma launched a portal to begin the appliance submission course of for Mukhya Mantri Atmanirbhar Asom at a operate held at Lok Sewa Bhawan in Guwahati.
Talking on the event, Chief Minister Sarma mentioned that to create alternatives for self-employment and make the youth of Assam self-reliant, Chief Minister’s Atmanirbhar Assam Abhiyan was launched on 23 September.
He mentioned that below the Abhiyan, steps shall be taken to empower two lakh youth for entrepreneurial ventures. The beneficiaries below the scheme are eligible to obtain Rs 2 lakhs in two installments as a mixture of presidency grants plus interest-free authorities loans for organising micro enterprises or service models.
The Chief Minister mentioned the scheme plans to focus on two lakh eligible beneficiaries over the following two years. He mentioned that every of the 2 lakh youth shall be given Rs. 2 lakhs. Out of this, Rs 1 lakh shall be given as a authorities grant and the remaining Rs. 1 lakh to be returned after the completion of 5 years of their enterprise with none curiosity.
CM Sarma mentioned the scheme was launched to empower the youth financially and make them eligible for different loans from the central authorities. He mentioned that the online portal arrange for the scheme has up to now witnessed the registration of two,29,145 beneficiaries.
He additionally mentioned that 1591 youth with skilled levels shall be eligible for a mortgage of 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 mentioned that the state has already witnessed a sturdy industrial local weather.