&w=3840&q=100)
Assam CM Sarma urges Vedanta, ITC to fast-track ₹5.18 trn investments
The chief minister met Vedanta Group Chairman Anil Agarwal here on Friday evening and asked him to operationalise the group's investment commitment made during the Advantage Assam 2.0 investment summit, an official release said.
Agarwal said the group is wholly committed to Assam's growth journey and is keen to expand its footprint in the state's hydrocarbon sector.
Later, Sarma took to 'X' and wrote, "Today in New Delhi, I met the very enterprising Chairman of Vedanta Group Shri Anil Agarwal Ji".
"We spoke on operationalising the group's investment commitment made during AdvantageAssam2. Vedanta is keen to expand its footprint in the state's hydrocarbon sector," he said.
The chief minister also met the Managing Director of ITC Hotels, Anil Chadha, and discussed with him the potential of investment in the hospitality sector.
Chadha told the chief minister that his group is very keen on exploring opportunities in the hospitality sector in Assam, the release said.
Informing about the development, Sarma's officer wrote in 'X', "Shri Anil Chadha, MD, ITC Hotels called upon CM Himanta Biswa Sarma in New Delhi today. They discussed the potential of investments in Assam's hospitality sector as Chadha expressed keen interest in exploring opportunities for expansion in the state." The Advantage Assam 2.0 has secured investment commitments worth Rs 5.18 lakh crore over the next five years.
The chief minister, who is closely monitoring the investment commitments made by different companies during the Advantage Assam 2.0, will hold one-on-one meetings with the industry honchos in the national capital on May 26.
"The Hon'ble Chief Minister has started individual discussions with the companies about how to go about realising the investment on the ground, what kind of incentives they might need, the land they would need. We will prepare the preparatory roadmap over the next six months," a senior official privy to the development said.
"If even a significant portion of the pledged investments materialises, Assam could emerge as a leading industrial hub in the Northeast and beyond," the official said.
Therefore, the focus now shifts to implementation and execution, ensuring that these investments translate into job creation, infrastructure development, and long-term economic benefits for the state.
To achieve this goal, the government of Assam plans to carefully analyse investment proposals in the current financial year and work toward a comprehensive roadmap within the next six months.
"The roadmap will focus on addressing key challenges such as land allocation, ease of doing business, and incentive structures to ensure that projects move from paper to reality," the official added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
9 minutes ago
- Indian Express
Delhi govt schools lead in Class III; private schools excel in higher grades: NCERT survey on competency development
Government-run schools in Delhi have outperformed government-aided, central government and privately run schools in the Capital at the foundational stage (Class 3). This is as per the Parakh Rashtriya Sarvekshan 2024, a survey conducted by the National Council of Educational Research and Training (NCERT). This is the first time since 2017, when the NCERT started the nationwide survey to assess competency development at different levels — Foundational (Class 3), Preparatory (Class 6), and Middle (Class 9) stages — that government schools performed better than other schools in the city. However, private schools took the lead in the Preparatory and Middle stages, the report released on Monday shows. During the survey, students and teachers from 1,263 schools were surveyed and assessed. In 2017 and 2021, when the survey was conducted, under the title 'National Achievement Survey' (NAS), the performance of students in Delhi government schools was below the national average at the Foundational Level for Language, Maths, and Environmental Science. Foundational Level In the latest survey, at 71%, Class 3 students performed the best in identifying shapes, patterns in their surroundings, and numbers. At 43%, the poorest performance was recorded in doing simple transactions such as using money up to Rs 100. At 64%, the students also scored 3% above the national average in the Language category. In Maths too, the score was 1% above the national average recorded at 61%. In line with the national trend, the national average performance of private schools in the city remained behind that of government schools for the Language and Maths categories. Preparatory Level In this stage, a different trend has been witnessed. Delhi government schools take a backseat in all parameters in comparison to all other schools. Barring Language, the performance of Delhi government schools was below the national average in the other two categories — Maths, and The World Around Us. Private schools took the lead in the Capital at 67%, above the national average of 60% in Language; 55% in Maths, against the national average of 49%; and 59% for The World Around Us, which is 7% higher than the national average. Middle level Assessment in this stage reveals that while Delhi government school students performed better than the national average by 7%, private schools in the city outperformed in the assessed subjects: Maths, Language, Social Science, and Science. These schools performed above the national average in all the subjects, topping in the Language category at 76%. Among other key insights are that the central government schools in all categories in the Capital performed below the national average. In competency assessment for Class 6, children fared worst in representing commonly used fractions in daily life as parts of unit wholes and in number lines, with only 26% of students answering correctly. Meanwhile, Class 9 students found it the most difficult to apply percentages in real life, with only 28% giving the right answers. Their performance was the best, on the contrary, in Language competence. Recommendations 'Auditory, visual, and kinesthetic activities' such as 'interactive story-telling, picture-word association, and tactile learning materials' as part of building a 'multi-sensory learning approach' have been recommended to improve the abilities of students in Class 3. Schools do not provide special accommodations for students with special needs, according to 51% of respondents. To this, the NCERT has suggested 'to cultivate an inclusive culture that values diversity and supports all students'. Three key areas were identified for Class 6 and 'innovative teaching strategies', improving parent and community participation, and 'continuous professional development' have been recommended. Meanwhile, for Class 9 students in Delhi, skill education for 'diverse career paths' is a key suggestion.
Time of India
20 minutes ago
- Time of India
Disabilities court fines 96 bodies Rs 50,000 each for non-compliance
Representative image NEW DELHI: The Court of the Chief Commissioner of Persons with Disabilities (CCPD) imposed a penalty of Rs 50,000 each on 96 establishments, including Standardisation Testing and Qualify Certification (STQC) Directorate of the ministry of electronics & information technology, for failing, as of mid-June, to comply with accessibility standards for websites, mobile applications and other digital platforms. The list includes central ministries, their departments and several private establishments that are among 155 establishments which were slapped with a fine of Rs 10,000 in Feb, with a warning of higher penalty in case of non-compliance. The court highlighted 95 establishments (minus STQC) that now face higher penalties neither submitted an audit report nor appointed an Integrated Audit & Assurance Professional (IAAP)-certified auditor, and did not even report initiating the process of appointment of auditors as of June 17. The ministries include cooperation, civil aviation, corporate affairs, drinking water and sanitation, earth sciences, food processing, labour and employment, ports, shipping and waterways, railways, road, transport and highways, skill development and entrepreneurship, statistics and programme implementation, steel, panchayati raj, information and broadcasting and Ayush. In its June 20 order, the CCPD gave the establishments seven days to deposit the penalty in the National Fund for Persons with Disabilities.
Time of India
20 minutes ago
- Time of India
AI infra firm RackBank gets land in Indore, Raipur for data centres
Synopsis RackBank plans to grow data centers in cities like Indore and Raipur. This move aims to cut operational costs significantly. The company recently launched NeevCloud, an AI cloud business. They acquired land in Indore and Raipur for new facilities. These projects receive support from state governments. RackBank targets to raise Rs 700 crore for this expansion.
