The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle. The amount will be paid by the Central government to the Assam government over a
A new industrial policy is in the offing to enhance the economic development of Assam, said the State Chief Minister Tarun Gogoi. The policy is to be implemented from October, he added. Gogoi said that the Assam government is focusing on employment generation through rapid economic development and industrialisation
The Union and Assam governments on November 5 entered into a $320 million agreement with the World Bank for State roads project. The loan and project agreements were signed by the Centre, Assam government and World Bank in New Delhi, an official statement here said.