Guwahati, Nov 9 (UNI) The Assam Cabinet on Sunday accorded the administrative approval for the first phase of the work for construction of State of Art Judicial Township at Rangmahal in North Guwahati amounting to Rs. 478.78 crore.
Chief Minister Himanta Biswa Sarma said this on Sunday adding that the High Court Complex Development (Phase-I) is primarily focused on the establishment of a comprehensive High Court Complex in which all the buildings are connected with bridges, which will serve as the apex judicial hub of the region.
"The Key components include the High Court Building (G 4), High Court Bar Building (G 6) and the High Court Office Building (G 6)," he said.
Sarna further addednthat the State Cabinet has also approved the “Assam Startup and Innovation Policy 2025-30”, marking a significant step toward positioning Assam as one of India's leading hubs for entrepreneurship and innovation in the next 5 years.
"The total financial implication for a period of 5 years is Rs. 397 crore. The fund includes Ideation Grant: Up to Rs 10 lakh to validate concepts or build proof-of-concept prototypes. Prototype Development Grant Up to Rs 20 lakh for general and tech startups; up to Rs 40 lakh for deep-tech startups for building MVPs and testing products. Seed Fund (Assam Startup Seed Fund, equity-based): Up to Rs 50 lakh per startup as government corpus for equity or co-investment (with max 4 pc equity stake). Startup Venture Capital Fund: Up to Rs 10 crore per startup as growth capital for scale-up," he said.
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