This will expedite strategic hydrocarbons projects, generate premium revenue for the State, strengthen national energy security while promoting ease of doing business.
For oil exploration projects undertaken by companies such as Oil India Limited (OIL), Oil and Natural Gas Corporation (ONGC) and other similar entities, it was also decided that the State Government shall not initiate acquisition of land by default. Oil exploration companies Central/ State owned or Private Sector agencies duly authorized by Government of India have been permitted to purchase or lease the required land directly from landowners through negotiated settlement, as per prevailing market rates and applicable guidelines.
Companies may also opt to take land on lease for the purposes of exploration and related activities, through mutually agreed terms with the landowners. Lease agreements should be duly registered and should specify the period of lease, compensation, and restoration obligations, if any. An online portal shall be developed and hosted by the Revenue Department for facilitating hydrocarbon companies to apply for auto-reclassification of land and for making payment of premium at rates as applicable.
TheState Cabinet has approved the issuance of concurrence for Financial Sanction of Rs. 342 crores for implementation of Mukhya Mantri Eti Koli Duti Paat (Assam Tea Garden Workers’ Financial Assistance Scheme-2025) Flagship scheme in Budget 2025-26.
This initiative marks the 200th year celebration of Assam Tea and aims to provide one-time financial assistance to tea garden workers in recognition of their invaluable contribution. The main objective of the scheme is to promote financial inclusion by ensuring all beneficiaries have active, Aadhaar-linked Bank accounts.The amount of Rs. 342 crores will be disbursed in a single instalment of Rs. 5000 per eligible beneficiary for around 7 lakh workers (both temporary and permanent) and employees (excluding tea garden management).The cabinet has decided to provide land measuring 3.5 acres on long term lease to Global Health Ltd. in lieu of customised incentives with the aim of incentivising the creation of advanced healthcare infrastructure in Assam, committed under Advantage Assam 2.0.The cabinet has also decided to provide land measuring 1 acre on long term lease to Lineage Healthcare Ltd. in lieu of customised incentives with the aim of incentivising the creation of women and child healthcare infrastructure in Assam, committed under Advantage Assam 2.0.
The meeting has decided to provide land measuring 1.75 acres on long term lease to RJ Corp Ltd. for facilitating the setting up of hotel projects committed under Advantage Assam 2.0, and to provide other incentives to RJ Corp (Hotel project) under the Investment and Industrial Policy, i.e. IIPA 2019 committed under Advantage Assam 2.0.