guwahati at a time when suspension of the north east industrial and investment promotion policy neiipp 2007 has evoked strong reactions against the nda government union minister of state for home affairs kiren rijiju said the centre is currently working on a fresh policy to promote industrial development in the region there were loopholes in the neipp 2007 there were also instances of subsidies provided under the policy being not utilized properly our government is working on a fresh policy which will be able to ensure that assistances provided for industrial development is better utilized in the region said rijiju several trade bodies including the state governments of the northeast had demanded resumption of neiipp 2007 arguing that the suspension was a big blow at a time when investment in the region was picking up rijiju and union minister of state for sports sarbananda sonowal were here on wednesday to speak on narendra modis contribution and vision for northeasts development rijiju said with modi governments thrust on act east policy the new approach to the earlier look east policy emphasis is being put on developing trade with countries bordering the northeast all the eight states of the northeast including sikkim will have integrated checkposts icp to facilitate border trade with neighbouring countries last year we opened one icp in agartala and in coming days there will be more icps in other states of the region these icps will be an integral part of act east policy to promote the northeast as a trading hub with south and southeast asian countries said rijiju sonowal said the northeast is on the high priority list of the modi government for development of the region the union budget proposed allocation of rs 53000 crore for the development of the northeast this time this speaks a lot about the emphasis being given to the regions development said sonowal he added that holding of south asian federation saf games in guwahati and shillong is a big step taken by the centre for the region