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CoM of Assam passes MSME Ordinance

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Assam Council of Ministers passes MSME OrdinanceOn June 29, 2020, In a big boost to Aatma Nirbhar Assam, Council of Ministers (CoM) of Assam has passed the MSME(micro, small and medium enterprises) Ordinance during the meeting held in presence of Chief Minister (CM) Sarbananda Sonowal in Guwahati.

  • The Ordinance gives provision to put an end to the process of taking multiple permissions for setting up MSME in the state for next 3 years.

Assam govt changes academic year of schools from January-December to April-March

The state government also decided to change the academic year to April-March from existing January-December in order to make-up for academic loss due to the coronavirus (COVID-19) pandemic outbreak.
Following the changes,the current academic session will end on March 31, 2021 and the new academic session will start by April, 2021.

Other key decisions of the meeting:

i.The CoM allocated 200 bigha of Ashok Paper Mill at Jogighopa for India’s first International Multi-Modal Logistic Hubthat will help new investments, employment and trade.

ii.A loan of Rs 338.28 crore from NABARD (National Bank for Agriculture and Rural Development)for development works in various sectors, 15th Finance Commission Grant in the ratio of (70 % for gaon panchayat, 15 % for anchalik panchayat and 15 % for zila parishads), amendment of the Bengal-Agra-Assam Civil Court Act, 1887, for increasing the financial limit of cases in lower courts from Rs 50,000 to Rs 10 lakh & Assam College Employees Provincialisation Act, 2005 are also approved.

iii.An ordinance for extension of dates of GST return has been passed & reduction in Earnest Money Deposits (EMDs) for mines auction to 0.5 % for general category and 0.25 % for SCs/STs have taken during the meeting.

About Assam:
Capital– Dispur
Governor– Jagdish Mukhi
National Parks– Dibru-Saikhowa National Park ,Kaziranga National Park, Manas National Park, Nameri National Park.