PM-DevINE Scheme
Recently, the Union Ministry of Development of North Eastern Region has restarted the Prime Minister’s Development Initiative for North Eastern Region (PM-DevINE).
PM-DevINE:
- PM-DevINE Center for the Development of North Eastern Region is a sponsored scheme, which is 100% funded by the Central Government.
- It was launched as part of the Union Budget 2022-23. The cabinet has approved the PM-Divine scheme on October 12, 2022.
- The scheme will be implemented by the Ministry of Development of North Eastern Region.
Objectives of PM-DevINE:
- Infrastructure Development: As per PM GatiShakti, PM-Divine aims to finance infrastructure projects in an integrated manner while ensuring seamless connectivity and access to the entire North Eastern region.
- Supporting Social Development Projects: Recognizing the unique needs and challenges of the North East region, the scheme seeks to support social development projects that address critical issues.
- Empowering youth and women: PM-DevINE seeks to generate livelihood opportunities by specifically targeting the youth and women of NER so that they can become active partners in the development and progress of the region.
- Budget allocation: PM-DevINE was allocated Rs 1500 crore in the Union Budget 2022-23.
- The scheme has a total outlay of Rs 6,600 crore over a period of 4 years from 2022-23 to 2025-26, which aligns with the remaining years of the 15th Finance Commission term.
- A state-wise and project-wise list of projects sanctioned during the financial year 2022-23 has been prepared in which each project has been designed to meet the specific needs of the respective states.
Source – PIB