The union cabinet chaired by Prime Minister Narendra Modi approved a new scheme, Prime Minister’s Development Initiative(PM-DevINE) for North East Region. The scheme is for the remaining four years of the 15th Financial Commission from 2022-23 to 2025-26.
The PM-DevINE scheme is a Central Sector Scheme with 100% Central funding and will be implemented by the Ministry of Development of the North Eastern Region (DoNER). The scheme will have an outlay of Rs 6,600 crore from 2022-23 to 2-25-26. PM-DevINE will be executed by the Ministry of DoNER through North Eastern Council or Central Ministries/ agencies.
Cabinet approves 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: Union Minister Anurag Thakur pic.twitter.com/na0K5DDPDW
— ANI (@ANI) October 12, 2022
Prime Minister’s Development Initiative PM-DevINE- Objectives
- PM-DevINE will promote the creation of infrastructure, support industries, and promote activities leading to employment generation.
- It will boost fund infrastructure convergently, in the spirit of PM Gati Shakti.
- The scheme will also support social development projects based on the felt needs of the NER.
- It will also promote livelihood activities for youth and women;
- PM-DevINE will focus to fill the development gaps in various sectors.
- The new Scheme, PM-DevINE has been introduced to address these BMS shortfalls and development gaps.
Prime Minister’s Development Initiative PM-DevINE- Key details
- PM-DevINE will provide support to infrastructure and huge social development projects and will also provide an end-to-end development solution instead of isolated projects.
- PM-DevINE is an addition to the resources available for NER development. It will not be a substitute for existing Central and State Schemes.
- PM-DevINE was announced in the Union Budget 2022-23 to acknowledge development gaps in the North Eastern Region (NER).
- Steps would be taken to ensure proper operation and maintenance of the projects sanctioned under PM-DevINE so that they are sustainable.
- It’ll be tried to complete the PM-DevINE projects by 2025-26 so that there are no committed liabilities beyond this year. This implies front-loading of the measures under the Scheme in 2022-23 and 2023-24 primarily.
- There are various other MDoNER Schemes for the development of the North Eastern Region. The average size of these projects is about Rs.12 crore only.
- It will be confirmed that there is no duplication of project support under PM-DevINE with any of the other schemes of MDoNER or those of any other Ministry/Department.
Background
While some of the projects under PM-DevINE to be approved for 2022-23 are part of the Budget announcement, projects with substantial socio-economic impact or sustainable livelihood opportunities for the general public may be considered in the future.
Read More
Comments
All Comments (0)
Join the conversation