Shillong, Mar 12: The state cabinet on Tuesday passed Meghalaya Industrial Investment Policy, Meghalaya IT/ITeS Promotion Policy, 2024 and cleared the creation of the Meghalaya Technology Parks.
The industrial and investment promotion policy will be the new growth catalyst with a vision to empower Meghalaya’s economic landscape to foster industrial development, harness local potential, and create a vibrant business hub to contribute towards the overall holistic growth.
In light of the new industrial policy of the Government of India, the state’s policy aligns with the new policy so that incentives can be leveraged.
IT enabled services
Meghalaya IT/IT enabled services Promotion Policy 2024 will provide n environment which will attract investors to the state and generate employment for the citizens of the state.
The creation of Technology Parks Society will enable the government to professionally plan, develop, establish, promote, operate and manage the Technology Parks in the state. It will also promote the state as a preferred investment destination for ICT and electronics units in order to generate employment opportunities. The tender for establishment for Tura IT Park has been issued.
Landfill site in EGH
The cabinet also approved the purchase of land at Rongakgre for landfill site in East Garo Hills. Through this initiative, the disposal of waste will be managed in scientific manner, wastes will be segregated and recycled.
Amendment to Meghalaya Urban Affairs Service (Gazetted) Rules, 2024 and Meghalaya Cooperative Service Rules, 2023 were also approved in the cabinet.
Victims of drowning to get help
The cabinet also included drowning under the State Disaster Response Fund (SDRF), which will enable cases of accidental drowning as eligible for release of financial assistance.
The cabinet also approved extension of rural electrification under RDSS scheme to further electrify villages, which are yet to be covered.
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