Assam Cabinet Focuses on Infrastructure, Semiconductor Investment, and NABARD Loan
Desk Report, March 02, 2024: In a pivotal weekly Assam cabinet meeting in Guwahati, discussions revolved around a groundbreaking semiconductor project and a strategic flyover in Jorhat. Health Minister Keshab Mahanta, after the Lok Sewa Bhawan gathering, highlighted key decisions and expressed gratitude to Prime Minister Narendra Modi for a massive Rs 27,000 crore investment in a semiconductor ATMP in Morigaon.
The Tata Group spearheads this ambitious semiconductor plant, set to occupy 500 bighas of land, formerly the Jagiroad paper mill. Keshab Mahanta underscored its potential to generate 15,000 jobs directly, with four other conglomerates eyeing investments that could contribute Rs 1612 crores and create an additional 4,000 jobs.
Transitioning to infrastructure, Mahanta unveiled plans for a Rs 164 crore flyover in Jorhat at Baruah Chariali. Connecting Baruah Chariali to Bhogdoi Bridge, this project promises enhanced connectivity and economic growth.
Further financial moves were approved as the Assam cabinet gave the green light to borrow Rs 4,546 crores and 74 lakhs from the National Bank for Agriculture and Rural Development (NABARD). This strategic loan is expected to fuel various developmental initiatives.
Also read: BJP’s Strategic Moves Unveiled Ahead of Lok Sabha Elections 2024 in Assam
In a significant administrative decision, the cabinet allowed ADCs, COs, and BDOs to sustain panchayat-level activities until the Panchayat elections, scheduled post the Lok Sabha elections. Minister Ranjeet Kumar Dass had earlier conveyed this timeline.
This week’s Assam cabinet meeting encapsulates a forward-looking approach, aligning resources with developmental priorities, from high-tech semiconductor advancements to crucial infrastructure enhancements.
