Itanagar, August 30, 2014: Arunachal Pradesh has signed a memorandum of understanding (MoU) with Guwahati-based North East Development Finance Corporation Ltd (NEDFi) for physical monitoring of Special Plan Assistance (SPA) projects for the year 2011-12 and 2012-13.

State Planning Secretary Sonam Chombay signed the MoU on Friday on behalf of the State Government while Deputy General Manager of NEDFi Manoj Das represented the financial institution, joint director (Programme monitoring unit) Mokir Ori said here.

According to the MoU, the total SPA projects for field and physical monitoring by the NEDFi are 266 with a total sanctioned cost of Rs 62,635.05 lakh in the eastern zone covering nine districts from Longding to Upper Siang.

The MoU for monitoring of 2011-12 and 2012-13 SPA projects in the western zone of the State could not be signed and finalised due to unavoidable circumstances. A final date and time would be fixed with the NABConS for signing of the MoU, the release informed.

Source: Assam Tribune

Post a Comment

 
Top