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

11 Aug

New rules on chemically contaminated sites

 'The Environment Ministry has notified new rules under the Environment Protection Act that lays out a process for addressing sites with chemical contamination. ' Called th

Read More

11 Aug

The ECI’s lack of transparency is worrying

'Recently,the Election Commission of India (ECI) announced the commencement of the Special Intensive Revision (SIR) of electoral rolls of Bihar, entailing the verification of nearl

Read More

11 Aug

S-400 hailed for Operation Sindoor role

'S-400  Missile system, also known as “Sudarshana Chakra”, is one of the world’s most advanced long-range surface-to-air missile (SAM) systems, developed by

Read More

India’s First Ai-Driven Magazine Generator

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