Question
Download Solution PDFWhich of the following schemes has been announced in Union Budget 2022-23 for the development of the North-East region?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is PM's Development Initiative for North-East (PM-DevINE).
Key Points
- A new scheme, Prime Minister's Development Initiative for North-East, PM-DevINE has been announced by the Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2022-23 on 01 February 2022.
- The PM-DevINE will be implemented through the North-Eastern Council.
- An initial allocation of Rs 1,500 crore will be made for the new scheme.
- It will fund infrastructure, in the spirit of PM GatiShakti, and social development projects based on felt needs of the North-East
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