Tuesday, September 28, 2021

Assam Govt, National Bank for Agriculture and Rural Development & Assam Infrastructure Financing Authority inked MoU in Guwahati

In a move to give a boost to execute development projects in Assam, the State Government, National Bank for Agriculture and Rural Development and Assam Infrastructure Financing Authority inked a Memorandum of understanding in Guwahati yesterday.

As per the MoU, 13 thousand 200 crore rupees will be used for infrastructural development for NABARD Infrastructure Development Assistance (NIDA) and Rural Infrastructure Assistance to State Government (RIAS) in rural and semi-urban areas across the state.

Speaking on the occasion, Chief Minister Himanta Biswa Sarma termed the day historic as he hoped that it would usher in new era of development in the state. He also said that the MoU would launch a series of capital-intensive projects to bring about paradigm shift in the development narrative of the state.

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