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
Tag: Assam government
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Centre agrees to pay Rs 6,320 crore as oil royalty to Assam
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.
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Indo-Bhutan highway planned
The Assam government is in talks with the Union Ministry of Highways, Road Transport and Shipping to draw up a roadmap for connecting India with Bhutan by constructing an international highway via Assam´s BTAD area
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Assams New indl policy
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
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Assam prohibits oil and gas workers’ strike
Upholding the public interest, the Assam government on December 21 prohibited strike by workers of the oil and gas sectors in the state.
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Centre, Assam sign pact with World Bank for road project
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.