Sign In
Learn bits
Economy
Mahesh

15/03/22 12:37 PM IST

PM-DevINE

In News 
  • PM-DevINE scheme was announced in the Budget 2022-23 by the Finance Minister under PM Gati Shakti Plan. 
About the Scheme 
  • Prime Minister’s Development Initiative for North East (or PM-DevINE) has been announced in Union Budget 2022-23, which will fund infrastructure in the spirit of PM Gati Shakti, and social development projects based on felt needs of the North-East.
  • PM-DevINE will enable livelihood activities for youth and women by filling the gaps in various sectors, but it will not be a substitute for existing Central or State schemes.
  • An initial allocation of Rs.1,500 crore has been made, as per Budget speech for 2022-23.
  • The scheme aims to fund infrastructure and need-based social development, including one-of-a-kind ‘Bamboo Link Roads’ in Mizoram.
  • The PM-DevINE scheme will be implemented through North Eastern Council (NEC). 
  • Bamboo Link Roads will be constructed in Mizoram, under the PM-DevINE scheme.
  • These roads will help in transporting bamboo from forests.
  • It will also help in management of paediatric and adult hematolymphoid (head and neck) cancers in north-east region.

Source- PIB  

More Related Current Affairs View All

24 Sep

Leveraging transit-oriented development to build productive cities

'Indian cities are on the brink of a transportation revolution, with a projected expenditure of ?3 trillion (between 2022–2027) set to be spent on approved metro rail project

Read More

24 Sep

Section 107 of BNSS

'The Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, introduced Section 107, which deals with properties which are “proceeds of crime”.' Until recently, this term w

Read More

24 Sep

Supreme Court strengthened child pornography law

'Tightening the law on child pornography, the Supreme Court recently said that even viewing, possessing, and not reporting such content is punishable under the Protection of Childr

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps