Prime Minister’s Development Initiative for North East Region (PM-DevINE), announced as a new Central Sector scheme, with 100% Central funding, in the Union Budget 2022-23 and approved by the Union Cabinet on 12 October, 2022 with a total outlay of Rs.6,600 crore for the 4-year period from 2022-23 to 2025-26, aims at rapid and holistic development of NER by funding infrastructure and social development projects based on felt needs of the States.
The objectives of PM-DevINE scheme are to:
(i) fund infrastructure convergently, in the spirit of PM GatiShakti;
(ii) support social development projects based on felt needs of the NER;
(iii) enable livelihood activities for youth and women; and
(iv) fill the development gaps in various sectors.
Keeping in view the scheme objectives, following 17 projects worth Rs.2806.65 crore have been sanctioned for NER including Tripura as on 05.02.2024 under PM-DevINE
