SME Times is powered by   
Search News
Just in:   • Indian exporters prepared to meet emerging international market requirements  • India FTA talks to see 2 more rounds, deal expected to take shape by Feb 2027: Israeli envoy  • India’s proposal for local currencies link between BRICS members seen as key item for summit  • Govt notifies 405 key defence items worth Rs 3,070 crore for indigenous manufacturing  • Sensex, Nifty open lower as US-Iran war uncertainty keeps crude prices elevated 
Last updated: 13 Mar, 2018  

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

NorthEast.9.jpg
   Top Stories
» Indian exporters prepared to meet emerging international market requirements
» Govt notifies 405 key defence items worth Rs 3,070 crore for indigenous manufacturing
» Sensex, Nifty open lower as US-Iran war uncertainty keeps crude prices elevated
» PM Modi pitches for 100 GW nuclear capacity, 50 companies in Fortune 500 list
» Piyush Goyal calls for fair trade and recycling as India eyes $30 trillion economy by 2047
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
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter