Assam unveils ₹12,000-cr Infrastructure Projects

The state government in Assam has announced projects worth ₹12,000 crore. PWD & Finance Minister Himanta Biswa Sarma informed that the construction work on the projects is being undertaken on a fast-track basis with government's funds and external loans. 12 other road projects worth ₹6,000 crore funded by Asian Development Bank and Asian Infrastructure Investment Bank would also begin. The newest infra building target is going to be the highest capital investment for infrastructure in the state. The new projects include two flyovers, various road corridors and construction of four new medical colleges, nine women colleges, six-degree colleges and ten law colleges. The minister also announced the lifting of several austerity measures that had been enforced in April this year due to the Covid-19 pandemic. They include lifting of the limit of 10 per cent spending of establishment expenditures by departments, resumption of tax exemption granted to industries and spending of money from MLA development funds.