Assam Govt, NABARD and AIFA sign MoU for infrastructure development projects

Terming it a historic day, Assam CM said that he hopes the MoU would usher in a new era of development in the state.
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DIBRUGARH: 

In a move to give a boost to developmental projects in the state, the Assam government, NABARD, and AIFA (Assam Infrastructure Financing Authority) inked an MoU at the Assam Administrative Staff College, Khanapara on Wednesday.

The MoU worth Rs 13,200 crore 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.

Terming it a historic day, Assam Chief Minister, Himanta Biswa Sarma said that he hopes the MoU would usher in a new era of development in the state.

“The MoU would launch a series of capital-intensive projects to bring about a paradigm shift in the development narrative of the state,” he said.

Giving a snapshot of all the infrastructural works which will be an offshoot of the MoU, Chief Minister Sarma said that engineering and medical colleges, universities, schools, stadiums, tourism centres, cold storage would be built in the state over the next three years.

Deputy managing director, NABARD, PVS Suryakumar thanked the Chief Minister for accepting the proposal and setting the stage for signing the MoU within a brief period.

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