2 hrs ago
Assam Approves Rs 11,000 Crore Cement Investment
The Assam government approved a very large cement project by JK Lakshmi Cement Limited.
The project will build one plant that makes clinker and four plants that turn it into cement.
Officials expect it to create about 2,000 direct jobs.
The Cabinet also approved a programme to restore 102 neglected wetlands and support fishing communities.
The wetland programme will use money from the Asian Development Bank and the Assam government.
Poor families receiving Orunodoi assistance will get extra money in October for Durga Puja.
Eligible workers in Assam Tea Corporation Limited gardens will receive a 20% bonus.
The Cabinet also approved support for farmers, a spices laboratory, land for an agriculture college, and an industrial estate.
The Assam Cabinet approved JK Lakshmi Cement Limited’s proposed Rs 11,000 crore investment in the state.
The project will comprise one clinker manufacturing plant and four cement grinding units.
Chief Minister Himanta Biswa Sarma said the project is expected to create about 2,000 direct jobs.
The Cabinet also approved the Rs 796.88 crore SWIFT wetland and fisheries project, backed by an Asian Development Bank loan.
Other decisions included enhanced October Orunodoi payments, a 20% bonus for Assam Tea Corporation Limited workers, and agriculture funding support.
- Who
- The Assam Cabinet, chaired by Chief Minister Himanta Biswa Sarma, approved the measures; JK Lakshmi Cement Limited is the proposed investor.
- What
- The Cabinet approved a Rs 11,000 crore cement project expected to create about 2,000 direct jobs, along with several welfare, agriculture, environmental and infrastructure measures.
- Where
- The cement units will be established in Assam, while the Cabinet meeting took place in Guwahati.
- When
- The decisions were taken on September 24, 2026; several benefits and measures apply in October 2026.
- Why
- The decisions aim to promote manufacturing and employment, restore wetlands, support fisheries and agriculture, and provide festive and worker assistance.
Key facts
- Cement investment
- Rs 11,000 crore proposed by JK Lakshmi Cement Limited
- Project structure
- One clinker manufacturing unit and four cement grinding units
- Expected employment
- About 2,000 direct jobs
- SWIFT project cost
- Nearly Rs 797 crore, comprising a Rs 637.504 crore Asian Development Bank loan and Rs 159.376 crore Assam government contribution
- Wetland restoration
- At least 102 neglected community wetlands, locally called beels, will be restored or rehabilitated
- Orunodoi payment
- October assistance will rise from Rs 1,250 to Rs 1,500 as a Durga Puja measure
- Tea-worker bonus
- Eligible Assam Tea Corporation Limited workers and employees will receive a 20% bonus
- Agriculture Fund contribution
- The state will cover the full 10% promoter contribution for eligible collective entities and 5% for individual beneficiaries
Quotes
Himanta Biswa Sarma
Chief Minister of Assam
“The Cabinet has approved the proposal for the proposed investment of Rs 11,000 crore of JK Lakshmi Cement Limited towards establishment of a clinker manufacturing unit and four associated cement grinding units in the state of Assam.”
financialexpress.com
“The Cabinet has decided to give Rs 1,500 to the Orunodoi beneficiaries as a part of the Orunodoi monthly incentive for the month of October instead of the regular Rs 1,250 grant as a gift on the occasion of Durga Puja.”
financialexpress.com
Sources
Related news
Assam Unveils Rs 50,000-Crore Roadmap for Development by 2047
Adani Power Begins ₹48,000 Crore Assam Thermal Project
Assam Approves ₹50,000-Crore Package With Proton Therapy Centre
Assam Clears Rs 50,000-Crore Development Package For Public Projects
Andhra Cabinet Clears Rs 22,178 Crore Investments, Infrastructure Measures
Amaravati Clears Rs 661 Crore Assembly Spire Project
