BJP ends it alliance with PDP in J&K. Mehbooba Mufti resigns. State set for governor's rule

News Snippets

  • Calcutta HC says govt must return all certificates of a candidate if he pays up the requisite amount to get released from the five-year service bond after completing his MD or MS from a state hospital
  • Interpol lets Nirav Modi travel frequently despite lookout notices, CBI angry
  • Delhi HC says it is illegal to hold a dharna inside someone's residence, pulling up Kejriwal and his ministers for squatting inside Delhi Lt. Governor's home
  • Even as Delhi IAS officers say they are ready to discuss matters with the AAP government, Kejriwal seeks the presence of the Lt. Gov at any such meeting
  • Thanga Tamilselvan says he will withdraw his petition challenging disqalification of 18 dissident MLAs fuelling talks of reconciliation between warring AIADMK factions
  • Surat farmers oppose bullet train project saying railways do not need to acquire land
  • India-Pak-China trilateral meet proposed by China
  • Govt plans to integrate 1000 hrs of skill training in undergraduate courses
  • WB finance minister Amit Mitra alleges that the Centre is holding on to Rs 25000cr refund to exporters after the GST regime came into force
  • Finance minister Arun Jaitley says excise on fuel will not be cut
  • Truckers to go on strike from Monday. Vegetables and milk, among other essentials, left out of the purview of the strike
  • Govt to go after companies selling drugs before clinical trials establish their efficacy
  • Ceasefire in J&K unlikely to be extended
  • Notice of evasion of service tax to the tune of Rs 2500cr sent to LIC
  • India hikes customs duty on several US products to counter its tariff hikes on Indian products
advantage assam
Advantage Assam Was Long Overdue

By Special Correspondent

Assam is the gateway to the North-East. But apart from that, the state is a lucrative destination to set up industrial units as ample land and cheap labour is available. Although the indigenous labour is not very skilled, migrants make up for that. Once big industries start coming in, skilling the work force will not be a problem. Against this backdrop, the decision of the BJP government in Assam to hold a Global Investor’s Summit titled Advantage Assam was timely and prudent. Given that previous governments had never thought it fit to highlight the state as an investment destination, this summit went a long way in correcting that negative perception.

Guwahati has also blossomed into a mega city and is highly cosmopolitan. It is also well connected by air, rail and road to the rest of India. Granted that civic infrastructure (open drains for one and frequent flooding during the monsoons) is woefully inadequate, but the smart city tag is going to change that in a few years. Guwahati also boasts of a thriving trading community and most companies have their regional offices in the city. Previously, they used to operate out of Kolkata.

Since every state is now showcasing itself as an attractive destination for investors, Assam would have fallen back if it had not taken this step, especially since Bengal is very aggressive on this front. Where Bengal scores on having a big pool of skilled workers, it loses on land issues, law and order and work culture. It is here where Assam can pit itself as superior. The success of the summit can be gauged from the fact that nearly 200 MOUs worth Rs 1 lakh crore were signed in two days. It is now upon the government to fulfill its commitments and pursue these MOUs to their logical end. Investments will transform the economy of the region and will generate huge employment opportunities.

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