Assam CM Defends Corporate Investments: “Big Businesses Create Jobs, Not Take Them”

Assam CM Holds Video Conference with DCs; Announces 'Eti Koli Duti Paat' Scheme Launch on August 15

Assam CM Defends Corporate Investments: “Big Businesses Create Jobs, Not Take Them”

Why in News?

  • Assam CM Defends Corporate Investments, Chief Minister Himanta Biswa Sarma addressed public concerns regarding the entry of major corporations like Adani and Ambani into the state. Speaking at Srimanta Sankaradeva Kalakshetra in Guwahati, he emphasized that such investments are pivotal for job creation and economic development in Assam.

Important Key Points:

  • Corporate Investments and Employment:

    • Guwahati Airport: Now operated by the Adani Group, the airport employs 10,000 individuals. With the upcoming terminal, employment is expected to rise to 30,000.

    • Advantage Assam 2.0: Projects worth ₹30,000 crore are underway, with expectations of ₹1.5 lakh crore in investments this year.

    Major Projects Under Implementation:

    • Industrial Ventures: 20 key projects totaling ₹22,900 crore are in progress, including investments by Kohinoor Pulp & Paper Ltd and RPM Speciality Paper Ltd.

    • Clean Energy Initiatives: Development of 200MW solar power projects in Tezpur and Bilasipara, and a 1,000MW solar project by Neyveli Assam Pvt Ltd.

    • Hospitality Sector: Construction of international standard hotels like Hilton and JW Marriott is underway.

    Agriculture and Dairy Development:

    • Amul’s Investment: A ₹75-crore project to establish dairy units in Dhemaji, Jorhat, and Dibrugarh aims to boost local milk production and generate employment.

Source: AT


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