12. Ayurveda 2nd Day is celebrated on 17 October.
Prime Minister Narendra Modi will inaugurate the first ever All India Institute of Ayurveda (AIIA), modelled on the lines of AIIMS, today i.e, October 17 on ‘Ayurveda Day’. The AIIA, set up as an apex institute under the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH), aims to bring synergy between Ayurveda and modern diagnostic tools and technology. The institute is built with an aim to focus on fundamental research of Ayurveda, drug development, standardization, quality control, safety evaluation and scientific validation of Ayurvedic medicine.
The All India Institute of Ayurveda is built with an aim to focus on fundamental research of Ayurveda, drug development, standardization, quality control, safety evaluation and scientific validation of Ayurvedic medicine. The It is set up on a total area of 10.015 acres on a budget of Rs 157 crore. It is the first medical institute under the AYUSH ministry to hold the coveted National Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation.
The AIIA has pathology, biochemistry, microbiology and radiology laboratories and diagnosis facilities. The hospital currently has neurological and degenerative disease care unit, rheumatology and musculoskeletal care unit, diabetes and metabolic/allergic disorders care unit, Yoga, Panchakarma clinic, Kriya Kalpa, diabetic retinopathy clinic and infertility clinic. It started post-graduate programme (MD/MS) in Ayurveda from the academic session 2016-17 and the PhD courses have been started for the session 2017-18.
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To observe ‘Ayurveda Day’, the Ministry of AAYUSH requested all the state governments, Ayurveda teaching institutions, associations of Ayurveda practitioners and Ayurveda drug industries to undertake various activities like organising public lectures, seminars, exhibition and radio talks. The AIIA will provide state-of-the-art Ayurvedic treatment facilities. A glimpse of classical Ayurveda therapies, education and scientific research will be shown there.
The inauguration of AIIA is expected to boost medical tourism in the India as the institute will attract foreign patients for Ayurvedic treatment of chronic health problems that other branches of medical science have not found solutions for. It also boasts of pathology, biochemistry, microbiology and Radiology laboratories/Diagnosis facilities. Besides the inauguration of AIIA by PM Modi, the Ayurvedic Standard Treatment Guidelines developed by the ministry will also be released at the event.
13. Yes Bank Commits Rs 156 crores for Namami Gange Project.
Banking major Yes Bank signed Rs. 156 crore deal with Essel Infraprojects for the construction of Sewage Treatment Plant (STP) under Namami Gange Project at Varanasi under Hybrid Annuity-PPP Model.
Essel Infraproject is an enterprise of Dr. Subhash Chandra-led Essel Group. The company has three SBUs and seven business verticals comprising of an order book worth USD 4.3 billion. It has a growing present in over 17 states and across over 100 cities in India.
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The project marks India’s first STP project under PPP Model to treat sewage entering river Ganga. The agreement for the project was signed between Essel Infraprojects and National Mission for Clean Ganga (NMCG) on October 11 in Delhi for development of STP under Hybrid Annuity based PPP mode. Under the agreement, 40 per cent of the cost will be linked to construction, and the other 60 per cent on the performance of the operator.
Yes Bank closed at Rs. 367.50 per share, lower by 0.57 per cent on BSE on Monday. The stock hit an intraday high of Rs. 374 per share and an intraday low of Rs. 366 per share on BSE. The stock had hit its 52-week high of Rs. 383.25 per share on September 21, 2017 and its 52-week low of Rs. 218.25 per share on December 26, 2016.
14. Footwear Design & Development Institute Act 2017 Comes into Force.
Footwear Design & Development Institute (FDDI) has been declared an ‘Institute of National Importance’ under Ministry of Commerce & Industry, Government of India. The FDDI bill was passed by the Parliament in July 2017. The Provisions of FDDI Act 2017 have come into force from today, according to the Notification published in The Gazette of India on October 5, 2017.
The Minister of State for Commerce & Industry, Shri C.R. Chaudhary said here today, that the commitment of the Government to resolve the degree issue has culminated in the grant of the status of ‘Institute of National Importance’ to FDDI. With this, the government has also ensured upgradation of FDDI to a position of eminence so as to enable the Institute to effectively serve the Sector/Industry.
To empower the youth of the nation and to help them march alongside the Prime Minister’s Skill Development mission and Make in India initiative, the Ministry of Commerce and Industry, Government of India proposed the FDDI INI bill to Parliament. FDDI, after becoming an INI, now has the autonomy to design its courses as per the requirement of the industry, and award its own degree to the students. FDDI can now independently develop and conduct courses leading to graduate and post graduate degrees, doctoral and post-doctoral courses and research in the areas of footwear and leather products design and development and allied fields.
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Presently FDDI is imparting skill based graduate and post graduate courses in the fields of footwear, leather goods, retail and management to around 2,500 students across eight campuses spread over India. With the enhancement of the status of FDDI as an Institute of National Importance by the virtue of the FDDI Act, 2017, the institute will now be able to enroll around 2,500 more students in the upcoming admission session, across its 12 campuses, out of which four new campuses will become functional with the next academic session.
FDDI is a premier Institute, serving as a ‘One stop solutions provider’ in footwear, leather and allied industry. Since its inception in 1986, FDDI has been playing a pivotal role in facilitating Indian industry by bridging skill gaps in the areas of footwear, leather, fashion, retail and management. FDDI has been functioning as an interface between the untapped talent and industry and its global counterparts, by fulfilling the demand of skilled man power with its specific curriculum, state of the art laboratories, world class infrastructure and experienced faculty.
15. Madhya Pradesh Chief Minister Launches `Bhavantar Bhugtan Yojana`.
Sagar (Madhya Pradesh) [India], October 16 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday inaugurated the ambitious `Bhavantar Bhugtan Yojna` in the presence of the farmers at the Krishi Upaj Mandi in Khurai, Sagar.
The Chief Minister said that the Yojana is one of the most profound decisions of his life and thus its launch makes this day a historic one for him.
He added that it is a matter of great happiness for him that the Yojana is being launched in his state for the welfare of farmers.
Chouhan added that Madhya Pradesh is the first state to lend money to farmers at zero percent interest.
"A farmer will take Rs. one lakh loan now and return only ninety thousand," he said.
In addition, Chouhan said that his government has approved a web of irrigation projects across the Sagar District which will cover 96-hectare fields.
The Chief Minister also said that farmers deserve suitable prices for their crops instead of loan waiver and therefore, the state government has brought a new formula which will make it possible for them to obtain the Minimum Support Price (MSP) for their crops.
Chouhan added that preparation has been made for the purchase of crops at the MSP.
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He elaborated that an average will be drawn from the market prices of three different states and then the difference between `Model Price` of crops and its `MSP` will be deposited in the bank accounts of farmers.
To get benefits of the scheme, the farmers are required to sell their crops in the mandi and obtain a receipt for the same.
"The MP Government will provide you interest even if you store your grains in the godowns," Chouhan said while adding that droughts have been declared in the places that were deprived of rain.
He added that the government will provide subsidy and loan ranging from Rs 10 lakhs to two crores to the farmers willing to invest in industries.
Besides, the Chief Minister assured proper action against corrupt administrative and police officers, who will attempt to take benefit from the farmers.
"We will not let dishonest officers continue their job. 2 IAS, 2 IFS and 1000 police personnel have already been fired from their work for indulging in corruption. No corrupt officer will be spared in cases related to farmers," Chouhan insisted.
16. Ministry of Women and Child Development launches campaign on `women for women`.
In an attempt to end Gender bias in women against women, the Ministry of Women and Child Development is undertaking an online campaign #IamThatWoman.
Through the campaign, the Ministry seeks to highlight the various aspects of women standing `by` and `for` women. Ministry of WCD has urged people to shun stereotypes associated with women harming other women. Twitter and Facebook users have been encouraged to tag and share stories of women helping women with a photograph and post online with the hashtag #IamThatWoman.
Minister for Women and Child Development, Smt. Maneka Sanjay Gandhi said, "When a woman has the support of her womanhood, she can be unstoppable. Through this campaign, we aim to shed light on the enormous contributions made by women for women. A mother-in-law can be her daughter-in-law`s best companion. It is time we did away with the `in-law` in `daughter-in-law`. A woman manager can easily empathise with her female juniors and help her climb the ladder of success. Likewise, a landlady`s affection towards a female tenant makes a world of difference in making the young girl feel at home, away from home. Join the `#IamThatWoman` campaign and spread the message that a woman can move mountains for another woman."
Posts can be made on the links given below:
- Twitter Minister: @ManekaGandhiBJP;
- Twitter Ministry: @MinistryWCD;
- Facebook Minister: @ManekaGandhiOfficial;
- Facebook Ministry: @MinistryWCD
17. MCX launches first commodity options trading with gold.

The Multi-Commodity Exchange of India Ltd (MCX) on Tuesday launched India’s first commodity options in gold, giving stakeholders a new set of financial instruments to hedge their price risks.
Launched by Union Finance Minister Arun Jaitley in New Delhi on the auspicious day of Dhanteras, the gold options received an encouraging response on Day 1.
The total traded notional value for gold options stood at ?1,259 crore, while the total traded volume totalled 4,220 lots (1 kg each).
MCX has currently launched a Gold Option contract, keeping Gold (1 Kg) futures as the underlying asset, with expiry on November 28, 2017 and January 29, 2018.
The European-styled Gold options are hedge-friendly and physically settled, which means on exercise at expiration the options position develops into a corresponding underlying MCX 1 KG Gold futures position at the strike price of the exercised options.
The options product is unique and the first of its kind, giving buyers the right to buy or sell the underlying asset, but no obligation, at a specified price at the expiry.
Thus, for buyers, the risk is limited only to the premium paid to the option seller (i.e. Option writer).
Saurabh Chandra, Chairman, MCX, told BusinessLine: “The launch denotes one of the most significant reform measures since modern commodity derivatives trading started 14 years ago. There has been a very conscious effort by the government and SEBI to develop and integrate commodity markets in a phased manner.”
As per the MCX data, the November 2017 contract reported a total volume of 4,218 lots, with a value of 12.17 crore and notional value of 1,258.39 crore.
18. Andhra CM Chandrababu Naidu lays foundation stone for TU142M aircraft museum.

Andhra Pradesh Chief Minister Chandrababu Naidu on Tuesday laid the foundation stone for the TU142M aircraft museum in Visakhapatnam.
The chief minister along with Eastern naval command chief Vice Admiral H. C. S. Bisht laid the foundation stone of the museum, being built at the Beach Road.
Speaking at the event, Naidu said: "I have seen TU 142M aircraft and can proudly say that it is going to inspire the future generations."
The Russian aircraft, which was decommissioned in March at INS Rajali in Tamil Nadu after 29 years, was brought to the city on April 8 to be converted into a Museum.
Naidu also heaped praises on Prime Minister Narendra Modi, saying it was due to the latter`s effort that the Indian Navy had become one of the most prominent powers in the world.
The aircraft museum will be inaugurated by President Ram Nath Kovind in December.
"President Ramanath Kovind will be coming to Visakhapatnam in the month of December and the TU 142M will be inaugurated by him," Naidu said.
19. Chhattisgarh government reduces interest on loan under Saksham Yojna.

Chhattisgarh government has reduced the rate of interest on loan given to women and their self help groups (SHGs) under `Saksham Yojna` from 6.5 per cent to 5 per cent.
State`s Women and Child Development Minister Ramsheela Sahu took decision in this regard today while chairing a meeting ofthe governing body of `Chhattisgarh Mahila Kosh` (CMK) here at Mantralaya, a government official said.
To benefit more and more women and women`s SHGs under Saksham Yojna, the rate of interest on loans given to them has been cut from 6.5 per cent to 5 per cent, he said.
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The initiative will allow the women and SHGs to easily avail the loan facility for self-employment and thereby become self-dependent, he added.
The Chhattisgarh Mahila Kosh is operated by states women and child development department to disburse easy term loans to women and SHGs.
An amount of Rs 1.04 crore loans had been disbursed to about 279 SHGs in the current fiscal 2017-2018 till September under various schemes of CMK, the official said.
Under Saksham Yojna of the Kosh,loan to the tune of Rs 72 lakh had been distributed to about 111 SHGs during the same period while in the previous fiscal, Rs 2.44 crore loan was sanctioned to 407 SHGs under this scheme, he added.
Several other decisions were also taken during the meeting to encourage hard-working SHGs while the minister also reviewed the progress under various related projects, he said.
Besides, the district programme and projects officers of the department have been instructed to support women and SHGs for their training under different schemes of CMK and motivate them to avail the loan facility for commercial and business-related activities, he added.
20. IIT Bombay top ranked Indian institute in QS Asia University Rankings 2018.

Indian Institute of Technology (IIT) Bombay emerged the best Indian university in the Quacquarelli Symonds (QS) Asian University Rankings for 2018, which saw most of the top Indian schools slipping in their rankings in Asia.
IIT Bombay was ranked 34th in Asia, followed by IIT Delhi (41), IIT Madras (48) and Indian Institute of Science, Bengaluru (IISc) at 51. The 2018 rankings by QS made available to public on Tuesday showed that IISc, which was the best institution from India in 2016 and 2017, slipped the most among top Indian schools.
Among the top 10 Indian schools, all except IIT Bombay lost their ground. While IISc dropped 18 ranks, Calcutta University dropped 17 places to 125th in Asia. IIT Roorkee slipped 15 places to be ranked at the 93rd position. Top IITs, including Delhi, Madras and Kanpur, slipped between 5th and 11th ranks in the 2018 rankings as against their performance in the previous year.
IIT Bombay said on Tuesday that it has scored an overall 75.7 out of 100 in the Asian rankings. “The Institute has score of 88.1 in academic reputation, 97.5 in employer reputation, 44.5 in faculty student ration, 96.3 in staff with PhD, 89.6 in papers per faculty, 9.7 in international faculty, 6.3 in international students, 10.9 in inbound exchange students, 9.1 in outbound exchange students, and 41.4 in citations per paper. Among these ten parameters, Employer Reputation indicated the strongest one for IIT Bombay with a rank of 21 globally,” the IIT said in a statement.
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“This is a reflection of the excellent work being done by faculty and students of the Institute,” IIT Bombay director Devang Khakhar said.
The Singapore-based Nanyang Technological University (NTU) climbed two places to be the best university in Asia, overtaking the National University of Singapore which has now slipped to the second place. The Hong Kong University of Science and Technology has been ranked third, followed by Korea Advanced Institute of Science & Technology of South Korea and University of Hong Kong (HKU).
This year’s ranking features over 400 universities and was compiled by assessing universities across 10 different indicators, including academic and employer reputation, the proportion of PhD qualified academic staff, and the proportion of inbound and outbound exchange students at the university, the British raking agency said.
Tsinghua University in the sixth place is China’s leading institution and Japan’s top university continues to be the University of Tokyo, ranked 13th, the QS said in a posting in its website.
21. Ministry of Petroleum & Natural Gas conferred with Swachh Bharat Inter-Ministerial Award.

Ministry of Petroleum & Natural Gas (MoPNG) has been awarded with Swachh Bharat Inter-Ministerial Award by Minister of State, Ministry of Drinking Water & Sanitation Shri S.S. Ahluwalia in the presence of Minister of State (I/C), Ministry of Housing and Urban Affairs Shri Hardeep Singh Puri, and Minister of State, Ministry of Drinking Water & Sanitation Shri R.C. Jigajinagi in recently held Swachh Bharat National Award ceremony on Gandhi Jayanti, 02nd October 2017 in New Delhi. The award in the inter-Ministerial category was presented to MoPNG on the basis of the activities undertaken in the past three years and was received by Senior Adviser (PNG). This event was organized to mark the third anniversary of the Swachh Bharat Mission, the Swachh Bharat Diwas, and the conclusion of Swachhata Hi Seva fortnight.
Ministry of Petroleum and Natural Gas has been proactively involved in making India clean mainstreaming Swachhta in our regular activities. The focus of MoPNG has been not only to garner people’s involvement but also to bring about behavioural and attitudinal change through unique/special contribution to the cause of Swachh Bharat Mission, through innovative and unconventional practices/approaches. Some of the innovative activities undertaken by Oil & Gas CPSEs, under the administrative control of MoPNG, inter-alia include, launch of Project Saraswati to tap the ground water resources along the course of Paleo-channel of river Saraswati in Haryana to tide over severe water crisis in summer; construction of unique zero energy based vegetable cellars in Nang village near Leh for helping potato farmers by preventing rotting of farm produce due to extreme temperatures; construction of bio-toilets in Leh (J&K) and Mahanandpur (Bihar), making ODF localities such as Bharatnagar (Maharashtra), Gandhigaon (Assam) etc., cleaning Himalayas in collaboration with Indian Mountaineering Foundation and organizing competitions on Swachhta Apps.
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Under the Swachh Vidyalaya Abhiyan, to reduce the drop-out rate among girl students due to non-availability of separate toilet facilities, Oil CPSEs/JVs have constructed more than 20,187 school toilets. These toilets are used by more than 5 lakh girl students. More than 95% of the toilets have been constructed in rural areas. Under waste to fuel projects, Oil & Gas CPSEs have taken initiatives for implementation of waste to fuel projects on a pilot basis across 7 States.
Tourist/religious iconic places have been earmarked for Oil and Gas CPSEs with focus on special clean up initiative focusing on maintenance and upkeep of tourist/religious places. The best iconic place award was given to Golden temple, Amritsar and Special awards were given to Mata Vaishno Devi temple, J&K and Meenakshi temple, Tamil Nadu, adopted by HPCL, IOCL and BPCL respectively.
MoPNG is fully committed to contribute its best in making Swachh Bharat Abhiyan a Jan Andolan and in building a clean, green, healthy, sustainable and inclusive “New India”.
22. Maharashtra Government releases Rs 4000 crore in phase 1 of Loan Waiver Scheme.

The Maharashtra government has released a sum of Rs 4,000 crore under the first phase of the over Rs 34,000 crore farm loan waiver scheme, Chief Minister Devendra Fadnavis announced today.
Disbursal, in the first phase, will cover more than 8 lakh farmers, Fadnavis said as he listed initiatives taken by his government towards increasing investment in the agriculture sector.
"Today we have released Rs 4,000 crore of which Rs 3,200 crore will be for writing off the loans of 4.62 lakh farmers. The remaining Rs 800 crore will be in the form of incentive for 3.78 lakh farmers who are paying their loans on time," he said.
The release of funds under the scheme, announced in June, will be a continuous process, the chief minister said, adding that by November 15, 75-80 per cent of the disbursement will be completed.
"Farmers have been going through a lot of trouble and year after year we have seen that the agricultural growth rate has been in negative.
"The first decision that we took after coming to power (in 2014) was that we did not keep our work limited to relief and rehabilitation, because that was our job anyway," Fadnavis said at an event organised for disbursement of the loan waiver amount into accounts of farmers.
Fadnavis said that from Rs 21,000 crore in 2011-12, investment in the agriculture sector had increased by almost three times to Rs 63,000 crore now.
He said the BJP-led government`s flagship schemes such as the `Jal Yukt Shivar` (a water conservation programme) have made a big contribution in ensuring a growth rate of up to 12 per cent in the key sector.
"In actual terms, the agriculture sector is seeing production worth Rs 40,000 crore," Fadnavis said.
The chief minister reiterated that loan waiver was not the only solution to farmers` distress and maintained that continuous investments in the sector for the next 5 years will ensure sustainable development.
"Our job has been to get farmers, who had gone out of the institutional credit system, back into the system so that they do not get stuck in the trap of money lenders and that they are able to take more loans from financial institutions, repay them and also earn money," he said.
Fadnavis admitted that he was initially nervous about the financial burden the scheme would put on the state exchequer.
"When banks said Rs 34,000 crore would be needed to waive loans, I was nervous because I did not know how the government would bear this burden.
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"I spoke to Finance Minister Sudhir bhau (Mungantiwar) and he told me to go ahead with the announcement and that his department would somehow manage the herculean task, which he actually did," Fadnavis said.
Responding to the Opposition`s criticism of the online system of filling forms for availing the scheme, he said had that not been done, banks would have mismanaged funds.
"They would have disbursed money in their own way and only banks and those who own banks would have benefited. Farmers know what was done was for their own good."
Fadnavis said only government employees, who also earn income from agriculture, legislators and those who pay income tax are exempted from the scheme.
"Today, we have uploaded a list of 8.4 lakh beneficiaries online and it would be sent to banks. From a single bank account, money will be transferred to banks and they will be asked to deposit the money in farmers` accounts as per the list. The process will be regularised from Monday after the end of the holiday season," he said.
"Some incomplete forms have been sent back to farmers. Once they complete them, we will consider them for the loan waiver if they are eligible. This scheme will not stop until every eligible farmer benefits from it," Fadnavis said.
23. Prime minister Narendra Modi to launch projects in Kedarnath.

Prime Minister Narendra Modi will visit Kedarnath on Friday, a day before the Himalayan shrine dedicated to Shiva is closed for six winter months.
Considering the “incomplete flood protection works and reconstruction of Kedarpuri that needs to be done”, Modi will be laying the foundation stone for projects “worth hundreds of crores of rupees”, Uttarakhand BJP president Ajay Bhatt told The Indian Express. This will be the PM’s second visit to Kedarnath in less than six months.
The town of Kedarpuri, which encompasses the Kedarnath shrine located at an altitude of 3,583 metres, had undergone devastation in June 2013 after a glacier lake breached due to heavy rainfall and caused flash floods in the river Mandakini, which passes through the Kedar valley.
Bhatt said, “Modiji has been thinking about the reconstruction of Kedarnath for quite some time. Over four years after the Kedarnath floods, not much work has been done, so Modiji will be launching projects for reconstruction of Kedarpuri.”
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The projects include construction of houses for purohits of Kedarnath, repair of the bridle path to Kedarnath, construction of ghats in Kedarpuri, flood protection work near Mandakini and Saraswati rivers, and foundation-laying ceremony of a ‘samadhi sthal’ for Adi Sankara.
After offering prayers, amid tight security provided by 500 police personnel, six IPS officers and 10 gazetted officers, Modi will address the public from the shrine premises, Rudraprayag SP Prahlad Meena said. The PM will reach Kedarnath at 10 am and be on the shrine premises for one and a half hours, he added.
At least 4,000 people, including Uttarakhand Chief Minister Trivendra Rawat and state ministers and BJP workers, are expected to be present on the Kedarnath premises.
The PM visited Kedarnath on May 3, when the doors of the shrine were opened after the winter break.
24. Assam Government rolls out new Tourism policy.

Assam government today rolled an ambitious Tourism policy by declaring the sector an industry with an aim to increase tourist inflow by at least two to three times within next five years.
The `Tourism Policy of Assam 2017`, effective from January next year till December 2022, gives special emphasis on making the state a destination of film making by offering a range of incentives to movie producers.
"Tourism shall be accorded industry status in Assam and all facilities and incentives applicable to industries shall be available to Tourism industry also," Assam Tourism Minister Himanta Biswa Sarma said after releasing the policy here.
According to the policy, 45,00,000 domestic and 20,000 foreign tourists visited Assam as per the figures of 2014.
"This Tourism policy paper is aimed at creating a policy framework to move tourism into a major economic sector of Assam increasing the inflow of tourists` by at least two to three fold in the next five years," it added.
Sarma said the `Tourism policy of Assam 2017` was approved by the state Cabinet on October 17 and the key focus of it was to attract the film industry to come and shoot in the state.
"Cash grant of 25 per cent or Rs 1 crore, whichever is less, of expenditure in Assam will be offered as reimbursement to Hindi, English and foreign language cinema makers, who have produced a minimum of five feature films.
The particular film`s 25 per cent shooting must be in Assam and 25 per cent of cast and crew should be from the state," he added.
There will be an additional 10 per cent grant if the film`s storyline is on Assam`s culture, tourism and heritage, while another 10 per cent rebate will be offered if more than 50 per cent of the entire shooting is done in the state, the minister informed.
"The producers, who have produced minimum 10 films in Hindi, English or foreign languages, will be provided free accommodation and transport for their important casts during the period of stay for shooting the films in Assam," he added.
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The policy also offered a host of other subsidies, including 50 per cent reimbursement of net state GST paid for 10 years by a new tourism unit that will start commercial operations by December 2022, subject to maximum of 100 per cent fixed capital investment.
"A capital investment subsidy at the rate of 30 per cent of capital investment, subject to a ceiling of Rs 1 crore, shall be available for tourist lodges, hotels, resorts, houseboats and floating restaurants," it added.
Besides, a subsidy of 25 per cent of cost payable for connecting power line to the eligible tourism units with a ceiling of Rs 10 lakh will be provided.
The Tourism policy also offered a range of financial benefits for constructing approach roads and installing renewable source of energy at the tourist units.
"Private sector will be encouraged to pro-actively participate and invest in tourist places in the tourism sector.
A special incentive will be offered as additional 10 per cent capital grant up to Rs 25 lakh for investment in remote/potential tourist destination of Assam," the document said.