Guwahati: The Assam cabinet has approved a proposal for developing a township on 550 acres land of defunct paper mill of Hindustan Paper Corporation at Jagiroad in Morigaon district of Central Assam.
Assam minister Jayanta Malla Baruah said the cabinet meeting held on Monday approved a proposal for development of a satellite township at Jagiroad in the defunct campus of Hindustan Paper Corporation campus.
“The satellite township will be set up on 550 acres of land following discussions with the local people,” Baruah said.
The Assam government on March 28 had announced the acquisition of Hindustan Paper Corporation;s (HPC) two defunct paper mills at Jagiroad and Panchgram for Rs 375 crore.
The paper mill at Panchgram in Barak Valley was closed in October 2015, while the unit at Jagiroad stopped operations in March 2017. The total land area of both the paper mills is about 1,550 acres.
The Assam cabinet assigned the Guwahati Metropolitan Development Authority as the Special Implementing Agency for development of the satellite township at Jagiroad.
The Assam cabinet on Monday also accorded industry status to the tourism sector, paving the way for businesses to avail incentives provided under the state industrial policy.
Now, heritage hotels, bungalows, camping sites, restaurants, amusement parks, ropeways and adventure parks will be able to enjoy, Baruah, who is also the tourism minister of the state, said.