Assam Cabinet clears ₹796.88 crore SWIFT project to restore at least 102 beels

State Focus Assam Project Agriculture & Rural Economy & Banking Environment & Climate

Assam Cabinet clears ₹796.88 crore SWIFT project to restore at least 102 beels

6 October 2026

The Assam Cabinet approved the Assam Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project at a total cost of ₹796.88 crore.
It includes an Asian Development Bank loan of ₹637.504 crore and a state contribution of ₹159.376 crore.
The project will restore at least 102 derelict community beels, the floodplain wetlands of Assam.
ADB's own project page records approval of a US$71.90 million loan on 12 December 2025.
Its aim is to raise the income of beel fishermen through better management and diversified livelihoods.

Total cost: ₹796.88 crore ADB loan: ₹637.504 crore State contribution: ₹159.376 crore Beels to be restored: at least 102

Why it matters for exams: Wetlands, externally aided projects and fisheries policy are common in environment and economy questions.

Kerala PSCUPSC

6 October 2026 Source: ThePrint

In plain words

Beel Floodplain wetland — A beel is a floodplain wetland in Assam that supports fisheries.

ADB Asian Development Bank — A multilateral development bank financing projects in Asia.