Prime Minister’s Development Initiative for North East Region (PM-DevINE), a Rs 6,600 crore scheme to support infrastructure, industries and other livelihood projects in the Northeastern states, was approved on Wednesday by the Union Cabinet, chaired by Prime Minister Narendra Modi.
The new scheme, to be implemented during the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26, is a 100 per cent Central government-funded plan and will be administered by the Ministry of Development of North Eastern Region (DoNER), an official statement said.
Efforts will be made to complete the PM-DevINE projects by 2025-26 so that there are no committed liabilities beyond this year and this implies front-loading of the sanctions under the scheme in 2022-23 and 2023-24 primarily, it said.
