SME Times is powered by   
Search News
Just in:   • DoT seeks to assures BSNL staff on 4G ahead of strike  • Set-back for Vedanta, SC refuses re-opening of TN copper smelting plant  • SC admits RInfra minor's plea challenging HC order favouring DMRC  • Trump declares Emergency to fund border wall on Mexican border  • Exporters urge govt to address sector's concerns 
Last updated: 13 Mar, 2018  

NorthEast.9.thmb.jpg Assam budget proposes to set up North East Foundation

NorthEast.9.jpg
   Top Stories
» Exporters urge govt to address sector's concerns
» Tea exporters ready to stop exports to Pakistan
» GeM sign MoU with GS1 to empower buyers
» 'Need for finance, tech, industry-driven approach by thermal plants'
» 'Slow exports growth in January on global, domestic issues'
SME Times News Bureau | 13 Mar, 2018
The 2018-19 Budget for Assam proposes to establish a North East Foundation, which will act as a think tank for the region, Assam Finance Minister Himanta Biswa Sarma said on Monday.

The Minister said he proposed setting up of the Foundation considering not only the common geography of the region but also the history, culture and traditions in the region.

"We the people of Northeast not only share common geography but also common history, culture and traditions. We have abundant natural resources and share borders with South Asian, Southeast Asian and East Asian countries. All the states in the northeastern India are classified as special category states owing to our difficult terrain and economic constraints," said Sarma.

"On the other hand. inter-dependence and commonness among the northeastern states is a compelling reason for all northeastern states to come together and align their developmental strategies with the overall developmental framework for the region," he said, adding that against this backdrop, he proposed setting up of the Foundation.

"This foundation will also liaise with leading think tanks at national and global levels and articulate the perspective of this important region in a strategic, holistic manner," said the Minister.

As a goodwill gesture, the government of Assam would take lead in establishment of this foundation and provide seed funding for a period of five years, he added.

Sarma hoped that his colleagues from other northeastern states would come forward to support this initiative.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 18 Feb, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» MSME secy urges sector to avail govt scheme benefits(2)
» MRF to set up a new plant in Gujarat(2)
» Starting an import export business: Basic guide for beginners(1)
» 'SMEs can help India capitalise on UAE strength'(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter