Economy India
News Digest

Cabinet approves Rs.12882.2 cr, for the North Eastern Region

The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi, has approved continuation of Schemes of Ministry of Development of North Eastern Region , with an outlay of ?12882.2 crore, for the balance period of the 15th Finance Commission (2022-23 to 2025-26). Based on the Expendidture Filnance Committee (EFC) recommendations, the outlay for the North East Special Infrastructure Scheme (NESIDS) will be Rs.8139.5 crore including committed liabilities of ongoing projects. The outlay for ‘Schemes of NEC’ will be Rs.3202.7 crore including committed liabilities of ongoing projects. The outlay for Special Packages for BTC, DHATC and KAATC in Assam is Rs.1540 (BTC- Rs 500 crore, KAATC – Rs 750 crore and old packages of BTC, DHATC & KAATC – Rs 290 crore). The NESIDS, a Central Sector Scheme with 100% Central funding, has been restructured having two components – NESIDS (Roads) and NESIDS (Other than Road Infrastructure). The Ministry’s new scheme “Prime Minister’s Development initiative for the north eastern region – PM-Devine” (with an outlay of Rs.6, 600 crore), has been approved earlier in october-2022 separately, under which larger and high impact proposals under infrastructure, social development and livelihood sectors are taken. The objectives of the schemes of the MDoNER is to supplement the efforts of the different Central Ministries & Departments on one hand and the felt needs of the NE Region States on the other, for uncovered development/welfare activities.

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