Assam cabinet decides to exempt ex-servicemen/widows from paying property tax

Assam cabinet has decided to create a Venture Capital Fund worth Rs 200 crore via an MoU to be signed between SIDBI and AIDC Ltd.

As a gesture of gratitude to Ex-servicemen for their service to the nation, amendment billls for Guwahati Municipal Corporation Act, 1969 and Assam Municipal Act, 1956 to be tabled to exempt Ex-servicemen/widows from paying property tax.

Approval to collaboration between Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) under SIDBI and Government of Assam for providing additional guarantee coverage for loans given by lending institutions to Micro and Small Units in Assam and creation of a Corpus Fund of Rs 100 crore – 80% from CGTMSE & 20% from Government of Assam.

Assam Industrial Development Corporation (AIDC) Ltd authorised to enter into an MoU with SIDBI.

The cabinet has approved Assam State Data Policy, 2022 to improve data access, data use and ensure efficient delivery of services. It will lay the foundation for a data-driven governance and policy-making.

Assam Renewable Energy Policy, 2022 approved to create an ecosystem to propel growth of Renewable Energy (RE) power sector The policy aims to install aggregate RE of 1,200 MW within 5 years. Ambitious Mukhyamantri Souro Shakti Prokolpo for installing 1,000MW on free Government lands announced in 2022-23 State Budget.

The cabinet approved Vehicle Scrappage Policy of Assam, 2022 to ensure proper dismantling & scrapping of operations of End of Life vehicles

To ensure effective implementation of Registration & Functions of Vehicle Scrapping Facility (RVSF), Policy to reduce vehicular pollution and phase out unfit & polluting vehicles, thereby promoting recycling of vehicle scrap in an eco-friendly manner

State Government to also launch a One Time Settlement scheme for a specified time period so that owners are given tax waiver up to 75% against their outstanding/arrear dues (if any) on voluntary offer of their vehicles to RVSF.

The cabinet decided on enhancement of remuneration of Chairpersons, Vice-chairpersons and elected Commissioners of Municipal Boards by Rs 5,000 to ensure proper remuneration of elected members.

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