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Government Of Assam Finance Assam Infrastructure Financing Authority

Sanction Projects under AIFA Funding

Checklist:

  • As prescribed by the Assam Public Works Departments and the Finance Department. 

Overview

AIFA sanctions various infrastructure projects to have a support base for all-round economic growth of the State.

Process Flow

Infrastructure Project proposals in the form of ‘Project Concept Paper’ or ‘Detailed Project Report’ received from various departments are scrutinised in the AIFA office.

If the proposal is found satisfactory, it is placed before the Executive Committee, AIFA for deliberation and approval.

If approved, ‘In-principle’ approval is communicated to the Administrative Department concerned and the Administrative Department will submit Detailed Project Report resolving all issues if not submitted earlier.

On receipt of satisfactory DPR, ‘Go-ahead’ is given to the Administrative Department for according Administrative Approval and other sanctions following all Financial Rules and taking up the project for execution. 

Eligibility Criteria

  • Infrastructure Project whose cost is minimum Rs.50.00 crore and above would be eligible for funding by AIFA.
  • Land for the project should be free from all encumbrances and with clear title/ possession with the Administrative Department. 
  • All necessary clearances from the statutory bodies should be obtained before submitting the DPR.
  • There should be a clear maintenance plan for the asset so created. 

Guidelines for filling the form

There is no such form 

Fees

There are no such fees 

Documents Required

As prescribed by the Assam Public Works Departments and the Finance Department.

Important Timeline

A clear timeline should be mentioned in the project proposal. 

How to apply

A Department should submit a project proposal in the form of Concept Paper or Detailed Project Report resolving all issues to the Project Director, AIFA.

Type of Service

Offline: Yes

Forms to be filled

There is no such form 

Whom to Contact

Shyam Jagannathan, IAS
Project Director, Assam Infrastructure Financing Authority
F-Block, Janata Bhawan, Dispur, Guwahati-781006
e-mail: jshyam@ias.nic.in
Phone: 0361-2237455, Fax :  0361-2237400

 
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