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Techno Economic Development (Study) Fund

Government of India, Ministry of Home Affairs (North East Division) had during 1998-99 sanctioned a one-time grant of Rs.20 crore to NEDFi for undertaking techno-economic studies for industry and infrastructure best suited to the region. The Government felt the need for a new and synergic incentive package "in view of the continuing backwardness of North East Region". Accordingly, expert groups were constituted by Ministry of Industry and the Planning Commission, who held discussions and inter-departmental meetings and made various recommendations. A New Industrial Policy was, therefore, approved by the Government of India on 20 November, 1997.

The fund is to be administered under the overall guidance of an Advisory Board having maximum of 21 members. An Executive Committee comprising 5 members formed out of the Advisory Board is required to carry out the day-to-day work.

The area of study in the seven North Eastern States would cover resource mapping of mineral deposits, hydropower generation, forest products, afforestation potentialities, medicinal and aromatic plants, agriculture cropping, livestock and poultry development, tourism, software development, telecommunication, handloom and handicrafts, small and medium industries, marketing infrastructure and any other area as decided by the Advisory Board.

 


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