What is PM-DevINE?
The Union Cabinet has recently approved a new scheme called Prime Minister’s Development Initiative for North East Region (PM-DevINE).
Key facts
- PM-DevINE scheme was announced by the Central Government during Union Budget 2022-23 to remove the developmental gaps in the North Eastern Region (NER).
- The recently launched scheme will be implemented for the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26.
- It was announced to address the shortfalls in Basic Minimum Services (BMS) in the North Eastern Region.
- It will be fully funded by the central government and implemented by the Union Ministry of Development of North Eastern Region (DoNER).
- The government has allocated Rs.6,600 crore for the implementation of this scheme.
- The scheme provides funding for infrastructure projects and social development projects that will help remove developmental gaps in various sectors in Northeastern region.
- The ultimate aim of this initiative is to boost livelihood opportunities in Northeastern region, especially for women and youth.
- To minimise the risk of delays and cash crunch, the projects under this scheme will be implemented on engineering-procurement-construction (EPC) basis as much as possible.
- The PM-DevINE scheme will not be a substitute to the existing central and state schemes.
- The new scheme is unique from the other existing MDoNER schemes that are implemented for the development of North Eastern Region.
- The average size of projects under other schemes is about Rs.12 crore. The PM-DevINE scheme aids infrastructure and social development projects that are larger in size. It will also provide end-to-end development solutions rather than focusing on just isolated projects.
- For 2022-23, the scheme will cover all projects that were introduced during recent Union Budget.
- In the future, it will focus on projects that promises to create substantial socio-economic impact or sustainable job opportunities for the general public. These may include basic infrastructure in all Primary Healthcare Centres, comprehensive facilities in government schools etc.
Month: Current Affairs - October, 2022
Category: Government Schemes Current Affairs