Central Government

North-East Industrial and Investment Promotion Policy (NEIPP), 2007


The North East Industrial and Investment Promotion Policy 2007 of the Government of India have laid down a number of fiscal incentives for investors in North East India.

The new policy would be valid for 10 years .The provisions of the NEIIPP, 2007 would provide the requisite incentives as well as an enabling environment to speed up the industrialization of Assam.

The highlights of the incentives for all industrial units, new as well as existing units on their substantial expansion, located anywhere in the North East are:

Industrial Excise Duty Exemption.
100% Income Tax Exemption.
Capital Investment subsidy in plant and machinery @ 30%. without any upper limit of investment.
Transport Subsidy Scheme: 90% on raw materials coming from outside and 50% on finished goods inside the state.
Interest subsidy @ 3% on working capital loan for a maximum period of 10 years from the date of commencement of production.
Comprehensive insurance – reimbursement of 100% insurance premium.
Incentives package also available for the service sector – hotels, nursing homes, vocational training institutes, etc.
Incentives for bio-technological industry as applicable to other industries.
Incentives for power generating industries – incentives under Sec. 81(A) of Income Tax Act to continue. Power generating plants (all types) up to 10 MW will be eligible for capital investment subsidy, interest subsidy and comprehensive insurance.

Download NEIPP 2007 Policy

Download NEIPP Operational Guidelines

Download Freight Subsidy Scheme

Foreign Direct Investment

Assam intends to attract maximum Foreign Direct Investment (FDI) and will put in sustained efforts to that end. The State Government has constituted a separate cell – The Industrial Investment Secretariat Cell (IISC) to facilitate investment – and a High Level Committee to accord fast track clearance for investment proposals. The Cell will function as a single point of contact for all inquiries from investors including supplying of information pertaining to permissions/ procedures/ guidelines.
Investment Policies & Incentives
Central Government
State Government