Context: Recently, Finance minister of India launched Prime Minister's Development Initiative for North-Eas (PM-DevINE) scheme as a part of Union Budget for 2022-23. 

PM-DevINE

• It will be implemented through the North-Eastern Council.
• Initial funding allocation: Rs. 1,500 crore.
• It will fund infrastructure, in the spirit of PM GatiShakti, and social development projects based on felt needs of the northeast.
• While the Central Ministries may also pose their candidate projects, priority will be given to those posed by the States.

Objectives

• To fund infrastructure and need-based social development.
• To help transport bamboo from forests and management of paediatric and adult hematolymphoid cancers in the region.
• To Enable livelihood activities for youth and women.
• To fill gaps in various sectors

Some of the projects to be implemented are

• Dedicated Services for the Management of Paediatric and Adult Haemotolymphoid Cancers in North East India, Guwahati.
• Construction of Aizawl bypass on western side, gap funding for passenger ropeway system for Pelling to Sanga-Choeling in West Sikkim.
• Gap funding for eco-friendly Ropeway (Cable Car) from Dhapper to Bhaleydhunga in South Sikkim.
• Pilot project for the construction of Bamboo Link Road at different locations in various districts in Mizoram.