Explanation:

A Special Development Package of Rs. 1000 crores over five years will be given by the Union Government and Assam Government to undertake specific projects for the development of Karbi areas. The Karbi armed groups have agreed to abjure violence and join the peaceful democratic process as established by law of the land. The Agreement also provides for the rehabilitation of cadres of the armed groups. The Government of Assam shall set up a Karbi Welfare Council for the focussed development of Karbi people living outside the KAAC area. The Consolidated Fund of the State will be augmented to supplement the resources of KAAC. Overall, the present settlement proposes to give more legislative, executive, administrative and financial powers to KAAC.