MoU for high priority projects
NITI Aayog will be supporting Union Territory of Ladakh’s administration through its key initiative ‘Development Support Services to States for Infrastructure Projects (D3S-i)’.
NITI Aayog has signed a memorandum of understanding (MoU) with the UT’s administration on 17 January 2020.
The partnership, under MoU, lays thrust on the identification of high-impact priority projects, expedited project implementation, addressing structural-level issues and creating unique models of development for Ladakh.
NITI Aayog has committed to assist the UT’s administration in creating a strategic plan for identifying prioritized infrastructure projects and by providing end-to-end transaction-management support for the identified projects.
A dedicated team of professionals is expected to be stationed at Ladakh for identification and development of projects in the UT, especially in tourism, solar energy and basic infrastructure.
The MoU was executed in the presence of NITI Aayog CEO Amitabh Kant and Joint Secretary MC Jauhari. It was signed by NITI Aayog Senior Adviser Dr Yogesh Suri and Adviser to the Lieutenant Governor of Ladakh Umang Narula. fiinews.com