Assam CM Highlights State's Growth and Investment Initiatives
ECONOMY & POLICY

Assam CM Highlights State's Growth and Investment Initiatives

Assam Chief Minister Himanta Biswa Sarma has outlined his government’s efforts to unlock the state’s potential through inclusive and sustainable development. Speaking to journalists, Sarma highlighted the strides made in 2024, focusing on industrial growth, socio-economic progress, and job creation.

The state government plans to host the ‘Advantage Assam’ conclave in February, inaugurated by Prime Minister Narendra Modi. The event aims to foster an innovation-friendly ecosystem, streamline bureaucratic processes, and attract investments across manufacturing, IT, renewable energy, and tourism sectors. Roadshows in Bhutan, the UAE, the UK, Malaysia, Thailand, South Korea, Japan, and Singapore are also planned to position Assam as a global investment destination.

Sarma noted the year’s milestones, including the Rs 270 billion Tata semiconductor facility at Jagiroad, foundation-laying by the Prime Minister. Under the Chief Minister's Atmanirbhar Asom Abhijan, one lakh start-up ideas received seed funding and mentorship. Additionally, over one lakh individuals secured government jobs through a transparent recruitment process.

To strengthen governance, 39 co-districts were created, eliminating the need for new districts. Women’s empowerment programmes saw significant success: 37 lakh women benefited under the Orunodoi scheme, 10 lakh girls received educational grants via the ‘Nijut Molina’ scheme, and 39 lakh women gained support through the ‘Mukhya Mantri Mahila Udyamita Abhiyan’.

Crime rates have reportedly dropped by 65 per cent, with improved forensic capabilities increasing conviction rates by 270 per cent. The government is targeting the elimination of child marriage by 2026, supported by stronger policing and legal reforms.

Flood relief measures in 2024 included Rs 3.5 billion in direct transfers to 6.8 lakh affected individuals. These efforts underscore Assam's commitment to fostering growth, empowering citizens, and attracting investments on a global scale.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Assam Chief Minister Himanta Biswa Sarma has outlined his government’s efforts to unlock the state’s potential through inclusive and sustainable development. Speaking to journalists, Sarma highlighted the strides made in 2024, focusing on industrial growth, socio-economic progress, and job creation. The state government plans to host the ‘Advantage Assam’ conclave in February, inaugurated by Prime Minister Narendra Modi. The event aims to foster an innovation-friendly ecosystem, streamline bureaucratic processes, and attract investments across manufacturing, IT, renewable energy, and tourism sectors. Roadshows in Bhutan, the UAE, the UK, Malaysia, Thailand, South Korea, Japan, and Singapore are also planned to position Assam as a global investment destination. Sarma noted the year’s milestones, including the Rs 270 billion Tata semiconductor facility at Jagiroad, foundation-laying by the Prime Minister. Under the Chief Minister's Atmanirbhar Asom Abhijan, one lakh start-up ideas received seed funding and mentorship. Additionally, over one lakh individuals secured government jobs through a transparent recruitment process. To strengthen governance, 39 co-districts were created, eliminating the need for new districts. Women’s empowerment programmes saw significant success: 37 lakh women benefited under the Orunodoi scheme, 10 lakh girls received educational grants via the ‘Nijut Molina’ scheme, and 39 lakh women gained support through the ‘Mukhya Mantri Mahila Udyamita Abhiyan’. Crime rates have reportedly dropped by 65 per cent, with improved forensic capabilities increasing conviction rates by 270 per cent. The government is targeting the elimination of child marriage by 2026, supported by stronger policing and legal reforms. Flood relief measures in 2024 included Rs 3.5 billion in direct transfers to 6.8 lakh affected individuals. These efforts underscore Assam's commitment to fostering growth, empowering citizens, and attracting investments on a global scale.

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000