Guwahati: Assam government, NABARD and Assam Infrastructure Financing Authority (AIFA) have signed a Memorandum of Understanding (MoU) to boost the execution of development projects in the state.
The MoU was signed in presence of Chief Minister Himanta Biswa Sarma on Wednesday. The MoU, with a stake involving Rs 13,200 crore will essentially be used for infrastructural development from NABARD Infrastructure Development Assistance (NIDA) and Rural Infrastructure Assistance to state government (RIAS) in rural and semi urban areas across the state.
The chief minister said on the occasion that the ‘day was historic’ and he hoped that it would usher in a new era of development in the state.
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