Categories: AssamNortheast

Assam steps towards “Aatma Nirbhar”, eases permission process through MSME ordinance

-Anindita Das

On 29th June, 2020 the Assam Council of Ministers (CoM) took some key decisions. One of the highlights is the decision to boost Aatma Nirbhar Assam, for which CoM passed the Micro, Small and Medium Enterprises (MSME) ordinance, putting an end to the process of taking multiple permissions for setting up MSMEs in the state for next three years.

CoM also allocated 200 bigha of land to Ashok Paper Mill at Jogighopa for India’s first International Multi Modal Logistic Hub. It thus paved the way for new investments, employment and trade in the state. A loan of 338.28 crore from National Bank for Agricultural and Rural Development (NABARD) has been approved by the CoM to carry out development works in various sectors.

Moreover, keeping in mind the situation created by COVID-19, the CoM has passed an ordinance to extend the GST return dates. It has approved 15th Finance Commission Grant with the ratio 70% for Gaon Panchayat, 15% for Anchalik Panchayat and 15% for Zila Parishads. A decision was taken for reduction in Earnest Money Deposits (EMDs) for mines auction to 0.5% for general category and 0.25% for SCs/STs. 

The academic year of schools has been changed from January-December to April-March by the CoM’s decision due to the disruptions caused by COVID-19 outbreak. As per another decision of the CoM, the employees of Assam Bhawans will be transferable from now onwards.

Assam College Employees Provincialisation Act 2005 has also been amended by the CoM to enable retired employees to receive pension in return of their CPF. The Bengal-Agra-Assam Civil Court Act 1887 too is amended by the CoM which calls for increase in financial limit from Rs 50,000 to Rs 10 lakh of the cases in lower courts.

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