Assam Cabinet Greenlights ₹1.22 Lakh Crore Investment and Development Initiatives

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Assam cabinet approves Rs 1.22 lakh crore investment push, new infrastructure projects
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The Assam Cabinet has approved a massive ₹1.22 lakh crore investment plan along with key infrastructure, healthcare, and industrial policy decisions, marking a major step towards the state’s economic and developmental growth. These approvals, made on February 23, 2025, aim to boost urban infrastructure, improve healthcare facilities, and attract industries in textiles, biotechnology, and other sectors.

Major Highlights of the Assam Cabinet Decisions

₹1.22 Lakh Crore Investment at Advantage Assam Summit

A key decision includes the approval of Memorandums of Understanding (MoUs) worth ₹1.22 lakh crore, which will be signed during the Advantage Assam Summit. This investment push is expected to bring large-scale industrial development, job creation, and economic growth to the state. By encouraging new investments across multiple sectors, the government aims to position Assam as a major business hub in Northeast India.

Infrastructure Development: Flyovers and Urban Projects

To address urban congestion and improve connectivity, the cabinet approved the construction of a new flyover at Amolapatty Junction on Old NH-37 in Dibrugarh City. This project is set to ease traffic congestion in one of Assam’s busiest commercial hubs.

Additionally, ₹55.45 crore has been allocated for various urban infrastructure development projects in Tier-2 and Tier-3 cities. These projects will enhance road networks, improve public amenities, and contribute to the overall modernization of Assam’s growing urban centers.

Boost for Healthcare Sector: DACP Scheme 2025

The Dynamic Assured Career Progression (DACP) Scheme, 2025, was approved to support doctors serving as faculty members in medical colleges across Assam. This initiative ensures better career progression, financial incentives, and improved retention of healthcare professionals in state-run medical institutions. With this move, Assam aims to strengthen its healthcare infrastructure and retain skilled medical professionals.

Textiles and Apparel Policy, Assam 2025

To give a boost to Assam’s textile and apparel industry, the government has introduced the Textiles and Apparel Policy, Assam 2025. This policy aims to:

  • Attract new investments in textile manufacturing
  • Create a business-friendly environment
  • Ensure easy access to raw materials and skilled manpower
  • Promote Assam as a textile and apparel hub in Northeast India

This policy is expected to bring in new textile units, generate employment, and strengthen Assam’s position in the national textile market.

Revised Biotechnology Policy (2022-2027) under BioE3 Policy

The Assam Cabinet has also approved modifications to the State’s Biotechnology Policy (2022-2027), aligning it with the BioE3 Policy. These changes aim to:

  • Encourage biotechnology research and innovation
  • Support biotech startups and entrepreneurs
  • Boost Assam’s biotechnology industry by facilitating industry-academia collaboration

With a growing focus on biotechnology, Assam aims to emerge as a hub for biotech research and development, attracting investors and fostering new business opportunities in the sector.

Economic and Developmental Impact of These Decisions

The Assam government’s latest policy decisions reflect its commitment to rapid industrialization, infrastructure modernization, and economic growth. With investments worth ₹1.22 lakh crore, improved urban infrastructure, and policies supporting industries like textiles and biotechnology, Assam is on track to become a key player in India’s development story.

The healthcare sector is also set to benefit from the DACP Scheme, ensuring better medical facilities and professional growth for doctors, which will ultimately improve healthcare services across the state.

The Assam Cabinet’s latest approvals mark a transformative step towards economic growth, infrastructure development, and industrial expansion in the state. With an investment push of ₹1.22 lakh crore, Assam is positioning itself as a major hub for business and innovation, attracting investors from diverse sectors. The focus on urban infrastructure, including the construction of a new flyover and improved facilities in Tier 2 and Tier 3 cities, will significantly enhance connectivity and ease congestion in growing urban areas.

Additionally, the healthcare sector’s DACP scheme aims to strengthen the state’s medical education system, ensuring faculty retention and better career prospects for doctors in Assam’s medical colleges. The approval of the new Textiles and Apparel Policy, along with the revised Biotechnology Policy, reflects the government’s commitment to fostering industrial growth and creating an investor-friendly ecosystem.

As the state gears up for the Advantage Assam summit, these policy decisions are expected to lay the foundation for sustainable economic progress, job creation, and overall development. With a strategic approach towards industrialization, infrastructure, and human resource development, Assam is set to emerge as a key player in India’s economic landscape, driving long-term prosperity for its people.

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