Prime Minister’s Development Initiative for North East Region (PM-DevINE)
26-08-2023
12:08 PM
1 min read
Overview:
Union Cabinet recently approved a new Scheme “Prime Minister’s Development Initiative for North East Region (PM-DevINE) for the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26.
About Prime Minister’s Development Initiative for North East Region (PM-DevINE):
- It is a Central Sector Scheme with 100% central funding.
- It will be implemented by Ministry of Development of North Eastern Region (DoNER).
- It will have an outlay of Rs.6,600 crore for the four year period from 2022-23 to 2025-26.
- The infrastructure projects will be funded in line with the priorities laid down under the PM Gati Shakti program.
- The objectives of PM-DevINE are to:
- Fund infrastructure convergently, in the spirit of PM Gati Shakti;
- Support social development projects based on felt needs of the NER;
- Enable livelihood activities for youth and women;
- Fill the development gaps in various sectors.
Source : PIB