Assam Cabinet Approves Major Investments, Urban Development, and Policy Reforms

25 Feb 2025 CW Team

A key highlight of the meeting was the approval of Memorandums of Understanding (MoUs) set to be signed at the upcoming Advantage Assam Summit. The summit, Assam’s premier global investment forum, aims to position the state as a major economic hub in the Northeast by attracting investments across industries such as manufacturing, logistics, IT, and renewable energy. Having first launched in 2018, the event has been instrumental in driving global investor interest, and the 2025 edition is expected to witness participation from over 60 countries.

To tackle rising urban congestion, the Cabinet approved the construction of a new flyover at Amolapatty Junction along old NH-37 in Dibrugarh, a crucial commercial hub. Additionally, Rs 554.5 million has been sanctioned for urban infrastructure projects in Tier 2 and Tier 3 cities, aimed at ensuring balanced regional development.

In a significant boost to the healthcare sector, the Cabinet greenlit the Dynamic Assured Career Progression (DACP) Scheme for 2025. Designed to retain and incentivise doctors in government medical colleges, the initiative promises structured career growth and financial incentives, strengthening Assam’s public healthcare system and medical education standards.

The state’s traditional textile industry also received a major push with the approval of the Textiles and Apparel Policy, Assam, 2025, which seeks to foster an investor-friendly environment by improving access to raw materials and skilled manpower. Assam, renowned for its unique handloom traditions such as Muga silk, Eri, and Assamese cotton weaves, aims to scale up production by integrating modern manufacturing techniques.

Further, amendments to the Assam Biotechnology Policy (2022-2027) were approved to align it with the BioE3 Policy, designed to drive innovation in biotechnology research, industrial growth, and entrepreneurship. The state has been increasingly focusing on biotech-driven agriculture, pharmaceuticals, and environmental sustainability, positioning itself as a rising player in the sector.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Assam state Cabinet, led by Chief Minister Himanta Biswa Sarma, has approved a series of strategic investments, urban development projects, healthcare reforms, and policy updates in the textile and biotechnology sectors. A key highlight of the meeting was the approval of Memorandums of Understanding (MoUs) set to be signed at the upcoming Advantage Assam Summit. The summit, Assam’s premier global investment forum, aims to position the state as a major economic hub in the Northeast by attracting investments across industries such as manufacturing, logistics, IT, and renewable energy. Having first launched in 2018, the event has been instrumental in driving global investor interest, and the 2025 edition is expected to witness participation from over 60 countries. To tackle rising urban congestion, the Cabinet approved the construction of a new flyover at Amolapatty Junction along old NH-37 in Dibrugarh, a crucial commercial hub. Additionally, Rs 554.5 million has been sanctioned for urban infrastructure projects in Tier 2 and Tier 3 cities, aimed at ensuring balanced regional development. In a significant boost to the healthcare sector, the Cabinet greenlit the Dynamic Assured Career Progression (DACP) Scheme for 2025. Designed to retain and incentivise doctors in government medical colleges, the initiative promises structured career growth and financial incentives, strengthening Assam’s public healthcare system and medical education standards. The state’s traditional textile industry also received a major push with the approval of the Textiles and Apparel Policy, Assam, 2025, which seeks to foster an investor-friendly environment by improving access to raw materials and skilled manpower. Assam, renowned for its unique handloom traditions such as Muga silk, Eri, and Assamese cotton weaves, aims to scale up production by integrating modern manufacturing techniques. Further, amendments to the Assam Biotechnology Policy (2022-2027) were approved to align it with the BioE3 Policy, designed to drive innovation in biotechnology research, industrial growth, and entrepreneurship. The state has been increasingly focusing on biotech-driven agriculture, pharmaceuticals, and environmental sustainability, positioning itself as a rising player in the sector.

Infrastructure Urban

09 Sep 2025

India and Israel Sign Bilateral Investment Agreement to Boost Economic Ties

The Government of India and the Government of Israel signed a Bilateral Investment Agreement (BIA) in New Delhi today, marking a significant milestone in strengthening economic relations between the two nations. The agreement was signed by Union Finance Minister Smt. Nirmala Sitharaman and Israel’s Finance Minister HE Bezalel Smotrich.The signing ceremony was attended by senior officials from both governments. The BIA is expected to encourage bilateral investments, provide greater certainty for investors, and promote trade by ensuring transparent regulations, safeguards against expropriation..

Infrastructure Urban

09 Sep 2025

President Murmu Graces EEPC India’s Platinum Jubilee in New Delhi

President of India, Droupadi Murmu, attended the Platinum Jubilee Celebrations of the Engineering Export Promotion Council (EEPC) India in New Delhi on September 8, 2025. She highlighted India’s historic role in trade and knowledge and urged EEPC to lead efforts in strengthening the nation’s position in the global economy.The President noted that India’s engineering exports have grown from USD 70 billion to over USD 115 billion in the last decade, despite global trade challenges. She commended EEPC for its role in this achievement and emphasised its importance as a bridge between interna..

Infrastructure Transport

09 Sep 2025

Gurugram Metro Phase-1 Construction to Begin on September 5

Construction work on the much-awaited Gurugram Metro is set to commence on September 5 with a groundbreaking ceremony in Sector 44, opposite the GMDA office. Union housing and urban affairs minister Manohar Lal Khattar and Haryana chief minister Naib Singh Saini will jointly perform the Bhoomi Pujan.The first phase of the project includes building a 15.22 km elevated viaduct, 15 stations, a 1.85 km spur to the Dwarka Expressway, and a ramp to the proposed depot in Sector 33. The contract, valued at Rs 12.77 billion plus GST, has been awarded to a joint venture.Preparations for the ceremony wer..