FASS NEDFi join hands for development of the North East

A MEMORANDUM OF UNDERSTANDING (MOU) was  entered on 21st day of January, 2008 at Guwahati BETWEEN North Eastern Development Finance Corporation Ltd. (NEDFi), incorporated under the Companies Act, 1956, with its registered office at Guwahati, Assam, for the development of industries, infrastructure, animal husbandry, agri-horticulture plantation, medicinal plantation, sericulture plantation, aquaculture, poultry and dairy in the North Eastern States of India. After the creation of DONER, NEDFi has come under the administrative control of this Ministry AND Friends of Assam & Seven Sisters (FASS), a non-profit, non-Governmental organization, an international think-tank which is aimed at providing an inspirational energy and a motivating force for overall revival and development of the Northeast India in all its spheres. FASS offers a common platform for all friends and well wishers of Northeast to respond and work for the common good of the people of the Northeast and make the Northeast shine in its own glory which is its due. FASS is registered under Societies Registration Act XXI of 1860 with its India HQ at 24 A.K. Azad Road, 2nd Floor, Rehabari, Guwahati 781008, Assam and International Headquarter at 20501 Katy Freeway, Suite 138C, Katy, Texas 77450, USA. FASS has International Directors in many countries across the globe.
The MOU signed by Mr.Kashi Nath Hazarika, CMD of NEDFi and Mr.Rajen Barua, CMD of FASS (not in picture) agrees to pursue the following objectives:

1)      to explore the areas where North East Non Resident Indians (NR-NEIs) and Resident Indians can provide support for development of the North East region.
2)      to identify technologies which are best suited to tap the resource potential available in the North East.
3)       to identify products which has potential for export, refine production process for consistency in quality, standardization and finally to provide export linkage.
4)      to identify new streams of vocational learning which can provide livelihood support for the rural as well as urban poor.
5)      to facilitate visits and exchanges by businessmen / consultants / industry associations of different countries to North Eastern states to attract investment and promote industrialization.
6)      to undertake initiatives for upliftment of weaker sections specially in the field of education, health, sanitation, income generation activities on sustainable basis.
7)      review meetings atleast once in six months.

By Rajen Barua, CMD, FASS