The CII North East Council, the Indian Chamber of Commerce - North East (ICC-NE) and the Federation of Industries North East Region (FINER) appreciated the government's effort to increase employment and encourage entrepreneurship through various measures.
"The announcement of launching restructured Bamboo Mission is a good news for North East as this region consists of more than 50 per cent of the country's bamboo reserves," CII North East Council Co-Chairman Abhijit Barooah said.
He said sanctioning of Rs 4.6 lakh crore under MUDRA Scheme would benefit micro ventures in the North East.
The FINER in a release pointed out that the most outstanding feature of the Union Budget is to vigorously support the farm sector and the boost to health, education, infrastructure, capex for railway and affordable housing.
The industry body, however, regretted that there is no announcement on the North East on the line of North East Industrial & Investment Promotion Policy (NEIIPP) and measures for the tea sector in the budget.
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