The Union Cabinet on October 12 approved a 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.
About PM-DevINE
- PM-DevINE is a Central Sector Scheme with 100% Central funding and will be implemented by Ministry of Development of North Eastern Region (DoNER).
- The PM-DevINE Scheme will have an outlay of Rs.6,600 crore for the four year period from 2022-23 to 2025-26 (remaining years of 15th Finance Commission period).
- PM-DevINE will lead to creation of infrastructure, support industries, social development projects and create livelihood activities for youth and women, thus leading to employment generation.
- PM-DevINE will be implemented by Ministry of DoNER through North Eastern Council or Central Ministries/ agencies.
- Measures would be taken to ensure adequate operation and maintenance of the projects sanctioned under PM-DevINE so that they are sustainable.
- To limit construction risks of time and cost overrun, falling on the Government projects would be implemented on Engineering-procurement-Construction (EPC) basis, to the extent possible.
The objectives of PM-DevINE are to:
- Fund infrastructure convergently, in the spirit of PM Gati Shakti;
- Support social development projects based on felt needs of the NER;
- Enable livelihood activities for youth and women;
- Fill the development gaps in various sectors.
