The government of Assam, the National Bank for Agriculture and Rural Development (NABARD) and the Assam Infrastructure Financing Authority (AIFA) has signed a Memorandum of Understanding(MoU) to assist the execution of various development projects in Assam.
The MoU was signed in the presence of Himanta Biswa Sarma, Chief Minister of Assam and Ajanta Neog, Finance Minister of Assam.
Features of the MoU:
i.Under this MoU, a series of capital intensive projects to improve the development of Assam will be launched.
ii.The MoU will facilitate Rs 13,200 crore investment for infrastructure development across various sectors including the education sector.
iii.The funding will be used for the development of infrastructure from the NABARD Infrastructure Development Assistance (NIDA) and Rural Infrastructure Assistance to the state government (RIAS) in rural and semi-urban regions across Assam.
iv.Engineering and Medical Colleges, Universities, schools, Stadia, Tourism centres, cold storage will be built across the state in the next 3 years.
Recent Related News:
Assam Government & Survey of India (SoI), the National Mapping Agency (NMA) of India have signed a Memorandum of Understanding (MoU) for implementation of the SVAMITVA scheme (Survey of Villages and Mapping with Improvised Technology in Village Areas) in Assam.
- The Ministry of Panchayati Raj (MoPR), Government of India & Department of Revenue and disaster management, Government of Assam will implement the scheme with the support of the Panchayat & Rural Development of Assam.
About Assam:
Governor– Jagadish Mukhi
National Park– Kaziranga National Park; Dibru-Saikhowa National Park
Wildlife Sanctuary– Manas Wildlife Sanctuary; Garampani Wildlife Sanctuary
About National Bank for Agriculture and Rural Development (NABARD):
Chairman– Dr. G.R. Chintala
Headquarters– Mumbai, Maharashtra
Established on 12th July 1982
