Assam chief minister Himanta Biswa Sarma reviewed the requirements for rural infrastructure in the state with chairman NABARD GR Chintala and deputy managing director PVS Suryakumar through video conference on July 13.
During the discussion, the chief minister stressed on leveraging cooperation between the state government and National Bank for Agriculture and Rural Development to give a major push to building infrastructure in the state.
The officials highlighted that the potential for growth in Assam and expressed strong willingness to further its partnership with the state government.
They also apprised the Assam CM about funding modalities of Rural Infrastructure Development Fund (RIDF), NABARD Infrastructure Development Fund (NIDA) and Rural Infrastructure Assistance Scheme (RIAS).
Chief minister Sarma said that the state government has a long association with NABARD which has played a key role in the state’s infrastructure sector.
He informed that the government plans to take up infrastructure projects in a big way and support from the organization would go a long way in this regard.
NABARD is an apex regulatory body for overall regulation and licensing of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India.