Economics • Indian EconomyHard
Analyze the features of the 'PM-DevINE' (Prime Minister's Development Initiative for North-East Region) scheme. What is its core structural objective regarding regional infrastructure?
A. To fund social development projects and bridge infrastructure deficits across Northeastern states through central financial support✓ Correct Answer
B. To provide direct cash transfers to rural households for agricultural mechanization
C. To establish tax-free industrial export processing zones along international borders
D. To construct national highways connecting state capitals exclusively through private public partnerships
💡 Solution & Explanation
The PM-DevINE scheme is a central sector scheme designed to fund infrastructure projects, support social development initiatives, and address felt needs in the Northeastern region by plugging critical gaps through dedicated central financial outlays. Announced as part of the Union Budget, the scheme enables the Ministry of Development of North Eastern Region to implement transformative projects that foster connectivity and livelihood opportunities. It operates in tandem with existing central schemes to accelerate regional development. A related regional institution is the North Eastern Council, which coordinates developmental planning for the region.
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