Meghalaya Chief Minister Conrad K. Sangma said funding for externally aided projects in the State has increased to ₹12,500 crore from ₹2,500 crore in the last five years, on a par with bigger States.
The Chief Minister credited this to the strong manpower that can prepare detailed project reports and adhere to the requirements of externally aided projects (EAPs) in a very short period of time.
"The State's EAP funding demand has increased to ₹12,500 crore from ₹2,500 crore in just five years. Meghalaya has come up to the level of larger States in terms of EAP funding requirement due to the fact that there is strong manpower that can prepare detailed project reports and adhere to the requirements of EAPs in a very short period of time," the CM said while addressing an award ceremony on January 19.