Guwahati, July 18 (IANS) Assam Chief Minister Himanta Biswa Sarma on Saturday said the state has emerged as one of the leading performers in the NITI Aayog’s Investment Friendliness Index, crediting sustained policy reforms, improved infrastructure and a stable law and order environment for the achievement. Sharing the development on X, Sarma said Assam has steadily transformed into a preferred investment destination and urged domestic and international investors to explore the opportunities ava…
Latest Economic Development News & Updates
Dhaka, July 13 (IANS) Security concerns remain perhaps the biggest obstacle for the implementation of the proposed China-Myanmar-Bangladesh Economic Corridor (CMBC), despite renewed momentum for the project following Bangladesh Prime Minister Tarique Rahman’s visit to China in June. The corridor was among the key issues discussed during the visit. It envisages a road and rail network linking Kunming in China’s Yunnan province with Bangladesh’s ports via Myanmar, a report has stated.Highlighting …
Washington, July 2 (IANS) As the United States prepares to celebrate the 250th anniversary of its independence this week, American small business owners urged the Congress to provide greater policy certainty, easier access to capital and a stronger workforce, saying those factors will determine whether the next generation can achieve the American dream.Business owners from manufacturing, hospitality, consumer products and communications industries delivered that message during a House Small Busi…
Guwahati, June 23 (IANS) Assam Minister Pijush Hazarika on Tuesday alleged that certain “anti-development forces” were attempting to create disturbances in the state and tarnish its image, following reports that the proposed visit of Japanese Prime Minister Sanae Takaichi to Guwahati next month is unlikely to materialise. Speaking to reporters here, Hazarika said some individuals and groups were unhappy with Assam’s rapid economic progress and were trying to obstruct investment opportunities and…
Jaipur, June 22 (IANS) NITI Aayog Member Prof. K.V. Raju has described Rajasthan as an “Achiever State”, praising its progress in drinking water supply and rural development.He also highlighted the state’s vast potential in tourism, agriculture, mining and solar energy, advocating technology-driven databases to better capture the contribution of these sectors to the Gross State Domestic Product (GSDP).Prof. Raju further emphasised the need for continuous monitoring of government schemes, cap…
Guwahati, June 18 (IANS) Union Finance Minister Nirmala Sitharaman arrived in Guwahati on Thursday evening on a two-day visit to the Northeast, during which she is scheduled to participate in a series of official programmes in neighbouring Meghalaya.Sitharaman was received at the Lokpriya Gopinath Bordoloi International Airport by Assam Chief Minister Himanta Biswa Sarma and senior government officials.The Chief Minister welcomed the Union Finance Minister upon her arrival and held brief discuss…
New Delhi, June 13 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) Scheme represents a bold and visionary step towards creating a new generation of industrial infrastructure in India, according to the industry.The Union government has notified the guidelines of the Rs 33,660 crore BHAVYA Central Sector Scheme for selecting 50 proposals to set up industrial parks with world class infrastructure to facilitate investment for manufacturing growth and increasing employment in the country. Financial …
New Delhi, June 11 (IANS) A tripartite agreement to facilitate exploration and extraction of hydrocarbons and other mineral resources along the Assam-Nagaland border was signed on Thursday in the presence of Union Home Minister Amit Shah, Union Petroleum and Natural Gas Minister Hardeep Singh Puri, Assam Chief Minister Himanta Biswa Sarma and Nagaland Chief Minister Neiphiu Rio. The agreement, signed under the guidance of Prime Minister Narendra Modi, is aimed at unlocking the energy potential o…
Shillong, June 4 (IANS) Nagaland Chief Minister Neiphiu Rio on Thursday said the 73rd Plenary Session of the North Eastern Council (NEC) focused on identifying the economic strengths and growth drivers of each Northeastern state through a high-powered task force mechanism aimed at accelerating regional development. Speaking to IANS after the plenary session chaired by Union Home Minister and NEC Chairman Amit Shah in Shillong, CM Rio said discussions centred on charting state-specific developmen…
New Delhi, May 26 (IANS) Emerging cities in India are emerging as the next growth hubs for global capability centres (GCCs), recording a 42 per cent rise in GCC job openings compared to 19 per cent growth in metro cities, driven by improving infrastructure, supportive government policies and the growing role of artificial intelligence (AI), according to a report released on Tuesday.The report, titled Emerging Cities: India’s Next Frontier for GCC Expansion Report 2026, released by ANSR, said Ind…