The scheme will act as a catalyst in overall development of the region in the years to come, it said. The Cabinet Committee on Economic Affairs, headed by the prime minister, also approved the capital investment subsidy amounting to Rs 264.67 crore to four industrial units in the North-Eastern Region, including Sikkim, under the Central Capital Investment Subsidy Scheme (CCISS), 2007 of North East Industrial Investment and Promotion Policy (NEIIPP), 2007.
