POLICIES OF GOVT. OF INDIA AND INDUSTRIAL DEVELOPMENT OF NORTH EAST STATES OF INDIA (F.Y.1997 TO 2017)

North–east region of the India contains eight states Arunachal, Assam, Manipur, Meghalaya, Nagaland, Sikkim and Tripura sharing international boundary with the Neighborhood Countries like China, Bangladesh, Bhutan, Nepal and Myanmar. This paper focuses on policies implemented by the Government of India and policies accepted by the north-eastern state governments for their improvement. This policy is also focusing on the improvement in industrial, agro industry, farming, transportation, employment and economical sector with contribution of state level administration. Since 1971 North Eastern region was controlled under NEC (North Eastern council) for development of states. Government of India concentrates on this region with special ministry. The grants are distributed for all the eight states coming under north eastern states. Paper reviews on incentives distributed by the Central Government and ongoing changes in business since previous 20 years. This paper studies importance of this area in revenue generation, tax incentives and investment in different sectors by public and private authority to develop local employability.