In Union Budget 2022-23, a new “PM-DevINE scheme” was proposed by Finance Minister Nirmala Sitharaman.
What is PM-DevINE scheme?
- Government announced PM-DevINE scheme, with an initial allotment of Rs 1,500 crore.
- It stands for “Prime Minister’s Development Initiative for North-East”.
- The scheme aims to fund infrastructure and need-based social development, including one-of-a-kind ‘Bamboo Link Roads’ in Mizoram.
Bamboo Link Roads
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.
How Mizoram will gain?
Mizoram will gain the maximum with the launch of two projects:
- Pilot project for construction of bamboo link road. Roads will be constructed at different locations in several districts of the state at a tentative cost of Rs 100 crore.
- Construction of Aizawl By-pass for Rs 500 crore, on western side.
Who will implement the PM-DevINE scheme?
The PM-DevINE scheme will be implemented through North Eastern Council (NEC). However, this scheme is not a substitute for existing central or state schemes.