Fresh registration under the North East Industrial and Investment Promotion Policy (NEIIPP), 2007 has been suspended due to resource crunch, Union Minister of State for Commerce & Industry Nirmala Sitharaman said today.
Sitharaman has communicated this to Assam Chief Minister Tarun Gogoi in response to his letter requesting her to withdraw the circular on suspension of registration of units under NEIIPP, 2007, a government release said today.
Sitharaman also said that subsidy claims under NEIIPP, 2007 would be considered based on budget allocation of the department, the release said.
Earlier Gogoi had raised serious concern over the issue of suspension of registration of units under (NEIIPP), 2007 saying that it would "not only affect the industrial sector but also the economy of the entire north eastern region.