Monday, April 19, 2021

Awareness programme on NEIDS held

Dimapur, January 6: Awareness programme on North East Industrial Development Scheme (NEIDS 2017) was held on January 6 at DIC Conference Hall, Kohima
Delivering the keynote address, Principal Secretary, Industries & Commerce, Lithrongla G. Chishi, IAS said that the objective of the Scheme was to accelerate economic growth and boost the process of industrialization in the North-Eastern Region of India and also to enhance employment in the North East region.
She said that the government is incentivizing primarily the MSME units through this scheme where all the eligible industrial sectors, which are getting the benefits of one or more components of any other schemes of the Government, will be considered for the benefits of other components of this scheme. The Government is also providing specific incentive amount through the scheme to generate employment.
Director, Industries & Commerce, K. Hokishe Assumi, apprised the entrepreneurs that government of India is giving this scheme for all the North East states to step up higher with the rest of the other states. He encouraged the participants to build up their business with vision to be able to extract through the scheme in the right track. He informed that the registration for NEIDS can be accessed through the website
NEIDS team highlighted some key features on NEIDS Scheme and it’s benefits to industrial units. It stated that the department through this scheme will provide various subsidies and benefits to all eligible industrial units and the overall cover for the benefits under all components of incentives will be of Rs.200 crores per unit that the several rights of the Centre/State Government/Financial Institutions have been enumerated under this scheme.
The team also informed that all eligible industries will be entitled to various transport and employment benefits under the scheme. All such industries/units are needed to be mandatorily be registered with the Department. The claims for Capital Investment Incentive and Transport Incentive shall be scrutinized by independent audit agencies.
The preference will also be given to the eligible industrial units under the Micro, Small and Medium Enterprises (MSME). On examining the proposals for incentive, due consideration will be given to the factors such as cost disadvantage project viability, bank-ability, employment generation and promoters’ risk capital.
The program was chaired by Lalsomkim Songson, Functional Manager, DIC Kohima, welcome address delivered by GM, DIC Kohima, A. Temjen Jamir, vote of thanks pronounced by Yawelie Noudi FM, DIC Kohima and organized by the Department of industries and commerce.
(Page News Service)