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Economy, National Importance
Mahesh

30/04/22 08:22 AM IST

Conclave on Investment Potential and Future Energy Needs of North East' in Shillong

In News 
  • Minister of State for the Ministry of Development of North Eastern Region (DoNER) Shri B.L Verma, while addressing the 'Conclave on Investment Potential and Future Energy Needs of North East' in Shillong, Meghalaya highlighted the central government’s efforts in realizing the potential of the North Eastern Region (NER).
About Conclave 
  • The NER has the potential of generating more than 128,000 megawatt of renewable energy.
  • The conclave is part of MDoNER’s week-long North East Festival to commemorate Azadi Ka Amrit Mahotsav.
  • The aim is to leverage discussions on various aspects fundamental to the development of the North East region.
  • The North East Festival will be celebrated from 28th April 2022 till 4th May 2022.
  • Each of the seven days will be based on separate themes.
PM-DevINE Scheme
  • Prime Minister’s Development Initiative for North-East, PM-DevINE was announced by the Union Minister for Finance & Corporate Affairs, while presenting the Union Budget 2022-23.
  • 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.
  • This will enable livelihood activities for youth and women, filling the gaps in various sectors.
    Source-PIB 

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