HomeLatestAssam Leads with Largest Share of Rs 3,417 Crore Infrastructure Boost for...

Assam Leads with Largest Share of Rs 3,417 Crore Infrastructure Boost for Northeast Real Estate

The Ministry of Development of North Eastern Region (MDoNER) has sanctioned a total of Rs 3,417.68 crore over the past three financial years (2021-2025). This funding, aimed at advancing key infrastructure projects, underscores the government’s commitment to enhancing connectivity and economic growth in one of the most underserved parts of the country.

The sanctioned amount covers 90 projects, with the lion’s share allocated for road infrastructure. Assam has emerged as the highest beneficiary, receiving an impressive Rs 1,392.43 crore, of which Rs 848.69 crore has been earmarked for road development alone. This funding reflects the government’s focus on strengthening connectivity within the region, which has long faced challenges due to its geographical remoteness and difficult terrain. Under the North East Special Infrastructure Development Scheme (NESIDS), the funding is divided into two primary components: NESIDS (Roads), which focuses on roads and bridges, and NESIDS (OTRI), which includes projects in sectors such as healthcare, education, water supply, waste management, industrial development, and telecommunications. The scheme provides funding for projects in the range of Rs 5 crore to Rs 50 crore and has become a cornerstone of the region’s infrastructural upliftment. The role of the state governments is central to the implementation of these projects. Sukanta Majumdar, Minister of State for MDoNER, emphasized the importance of state-level monitoring and coordination. The ministry also plays a key role in overseeing progress, with regular inspections and the establishment of Field Technical Support Units (FTSUs) in each of the northeastern states to ensure project success.

Beyond roads, the funding is also driving initiatives in sustainable development. Improved infrastructure, particularly in water supply, waste management, and industrial development, is expected to boost the region’s overall economic resilience. Local communities are hopeful that these initiatives will not only enhance daily life but also create sustainable, long-term growth opportunities. As the northeastern states gear up to leverage this funding, the focus remains on improving connectivity, enhancing living standards, and promoting economic independence. The development of smart cities, green infrastructure, and eco-friendly projects is poised to further elevate the region’s potential, creating a ripple effect across the entire country.

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Recent Comments

India NCLT Approves Toshali Cement Merger With JK Cement

India NCLT Approves Toshali Cement Merger With JK Cement

0
India’s cement sector is set to witness a significant structural shift following the National Company Law Tribunal’s (NCLT) approval of the merger between Toshali...
Mumbai Launches Arkis Versova Offering Sustainable Luxury Homes With Modern Amenities

Mumbai Launches Arkis Versova Offering Sustainable Luxury Homes With Modern Amenities

0
Mumbai is witnessing a paradigm shift in urban residential design with the launch of Arkis, a new luxury housing project in Versova that promises...
Delhi NCR Leads India Industrial Logistics Leasing With Record 11.7 Million

Delhi NCR Leads India Industrial Logistics Leasing With Record 11.7 Million

0
India’s industrial and logistics (I&L) real estate sector has recorded unprecedented leasing growth in the first nine months of 2025, driven by surging demand...
MMRDA Launches Landmark Slum Redevelopment Project To House 17000 Mumbai Families

MMRDA Launches Landmark Slum Redevelopment Project To House 17000 Mumbai Families

0
Mumbai Metropolitan Region Development Authority (MMRDA) has commenced a landmark slum redevelopment initiative set to benefit 17,000 families across the city. The Mata Ramabai...
KP Group To Launch Gujarat Green Fuel And Electric Vehicle Station Network

KP Group To Launch Gujarat Green Fuel And Electric Vehicle Station Network

0
KP Group, a leading renewable energy conglomerate, is set to revolutionise Gujarat’s clean mobility landscape with the launch of a comprehensive network of green...