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Finer Profile 

 

FINER has played and continues to play a proactive role in the economic development of the Northeast through information and analysis based inputs in policy formulation. FINER is a member of many advisory committees in the areas of Power, Central Excise, Customs, Banking, Export, Industry, Public sector reforms, etc. FINER’s view is frequently sought by the government as well as by the media. The credibility that FINER has built up over the past 11 years of existence ensures that its voice is always heard. 

FINER had played a very important role in formulation and subsequent amendments to the Northeast Industrial Policy, introduction of international flights from Guwahati airport, formulation of industrial policies of the states of the region, fixation of reasonable power tariff, transport subsidy on tea exported from ICD, Amingaon etc. FINER has contributed significantly in the legislation of Assam Value Added Tax Act, 2003 and Assam Power Act, 2003. Increase in credit flow to the Northeast is another area where FINER has made positive and tangible contribution. 

FINER maintains regular interactions with foreign embassies and high commissions. FINER has been invited for participating in various programmes abroad in countries like USA and UK. A business delegation of the organization had visited Bangladesh for exploring trade opportunities. FINER participated in business delegation to Egypt led by Smti Vasundhara Raje, then Minister of State for SSI, Govt. of India in 2002. 

At the national level FINER is affiliated to FICCI and CII and is represented in several of their committees. Joint programmes are held with them from time to time. FINER has a MoU with the government of Assam and the FICCI for the promotion of industrial investment in Assam. An international investment meet named ‘Guwahati Initiative’ was organized very successfully in February 2001 in association with FICCI, NEC, Assam Government and Ministry of Commerce. 

In a rapidly changing business environment, FINER has been at the forefront, helping industry find new solutions and enhance its competitiveness. FINER regularly arranges seminars, workshops, conferences on subjects relevant to the members. Under FINER’s initiative 10 entrepreneurs from the Northeast underwent a two week programme at IIM, Ahmedabad on “Small & Medium Enterprises”

Tourism in the Northeast has huge potentials  which has not yet been tapped. FINER is working in tandem with the State Governments of the region to open up the vistas to the yet unexplored virgin terrains of the region.

One of the primary aims of FINER is the dissemination of information to its members. FINER is on the mailing list of many government departments/agencies and foreign embassies/consulates. Information collected from various sources is published in a monthly ‘FINER Bulletin’. This is circulated not only to all members, but also to concerned central govt. departments, northeastern state govt. departments/agencies, banks, MPs, Governors, Chief Ministers, etc.

FINER recognizes that social responsibility must be integrated into strategic planning of corporate. FINER plays its role in socially useful projects including one on marketing of hand made traditional ‘gamochas’. As a conscious citizen it has even filed a PIL at the Gauhati High Court to make the Consumer Courts functional to enforce consumer rights. It recently published a Report on the “Impact of Bandhs on the economy of Assam” to highlight the losses incurred

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