The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 608 crore for different infrastructure projects in rural areas in Assam. The infrastructure projects include 52 rural roads, 21 rural bridges, 19 flood protection projects and 32 soil conservation projects across the state under the Rural Infrastructure Development Fund (RIDF) – XXVII. Once the projects are completed, it is estimated that 17 lakh rural population in 900 villages will be directly benefitted.
NABARD has also recently entered into a memorandum of understanding with the Assam Government for facilitation of Rs 13,200 crore infrastructure projects in the state over a period of three years.