The Meghalaya Infrastructure Development Finance Board Act,2011

The Meghalaya Infrastructure Development Finance Board Act, 2011

The Meghalaya Infrastructure Development Finance Board Act, 2011 establishes a specialized state board to oversee, fund, and facilitate major public works. It regulates the financing, development, and subsequent maintenance of public infrastructure projects, detailing how the government can acquire funds through bonds, loans, and private partnerships. The law applies directly to Meghalaya government agencies, board members, and private concessionaires who build and run these projects. This special act matters because it creates a robust financial framework to attract private investment, construct essential facilities, and drive modern economic growth across the entire state while ensuring transparent project management and public accountability.

PDF: pending for this language.