Centre approves additional fund of Rs 400 cr for rail projects in NE

Taking note of the time overrun of national projects in the northeast, Prime Minister Manmohan Singh on Thursday asked Power Minister Jyotiraditya Madhavrao Scindia to take steps to expeditiously complete the hydropower projects in the region.

GUWAHATI: The State government has signed a loan agreement with World Bank and Government of India for 320 million US Dollars in New Delhi on Monday.

Sources said the loan is for improvement of State highways and district roads under the Assam State Road Project. The project would be implemented over a period of six years, sources added. The objective of the project is to enhance the road connectivity in Assam by assisting the Public Works Department (PWD) to improve and effectively manage its road network.