New Delhi, 4 April (MTNews): A total of eleven projects amounting to Rs 1503.44 crore, including the seven projects announced in Budget 2022-23, were selected for sanction in FY 2022-23 under the Prime Minister’s Development Initiative for North East Region (PM-DevINE) Scheme to be implemented in the North East Region. This information was given by Minister for Development of North Eastern Region, G Kishan Reddy in the Lok Sabha in a written reply on Monday.
One of the eleven projects includes “Livelihood projects relating to Special Development of Eastern Nagaland by Department of Under Developed Areas (DUDA), Government of Nagaland” which is worth Rs 180 crore.
PM-DevINE was announced as a new Central Sector Scheme with an initial allocation of Rs 1500 crore in the Union Budget 2022-23. The approval of the Cabinet was accorded for the PM-DevINE Scheme on 12 October, 2022. The scheme will have 100% Central funding, and has an outlay of Rs. 6,600 crore for the 4 year period from 2022-23 to 2025-26 (remaining years of the 15th Finance Commission period).
The objectives of PM-DevINE are to fund infrastructure convergently, in the spirit of PM GatiShakti; support social development projects based on felt needs of the NER; enable livelihood activities for youth and women; and fill the development gaps in various sectors.