Assam for tweaking investment policy for pharma industry

Press Trust of India  |  Guwahati 

government today said it is ready to tweak its investment policies to attract the for setting up units in the state. As there is no specific pharma policy in Assam, the government is ready to tweak the existing norms to suit the industry players of the to come and invest in the state, said at the ongoing Summit here. "We have a general investment policy. But some of your requirements may be different. Government of is willing to customise the parameters for your requirements," the said. "We will facilitate and go whatever way to help you invest in The government and political class here is helpful to you.

We want investment. So we will go extra mile to have you in our state," he said. Sarma, who is also the Health Minister, said the government wants to transform the state and create jobs for the youths. Health and said that saw an investment of USD 142 million (over Rs 900 crore) in the with the setting up of nine pharma units. "The government has been giving top priority to The Budget allocation for the health and family welfare of the state in 2017-18 jumped by 17 per cent from 2016-17. This was one of the highest," he added. On this occasion, a Memorandum of Understanding was signed between and to source innovation from the Assam-based centre and auction them to the industry.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, February 04 2018. 16:05 IST