Economics • Indian EconomyMedium
What does the 'PM-DevINE' (Prime Minister's Development Initiative for North-East Region) scheme aim to achieve?
A. To fund infrastructure projects and social sector initiatives in the North-East region based on felt needs.✓ Correct Answer
B. To provide specialized skill training exclusively for handloom weavers in northeastern states.
C. To establish organic farming export zones along international borders.
D. To offer tax holidays for manufacturing units relocating to hilly terrains.
💡 Solution & Explanation
The PM-DevINE scheme was launched as a central sector initiative to fund infrastructure projects and address social sector deficits across the North-Eastern states based on local requirements. It does not focus exclusively on handloom weavers or tax holidays for manufacturing units. This financial mechanism helps bridge critical developmental gaps in connectivity and social infrastructure in the region.
More Economics Indian Economy questions
- Which organization in India calculates and releases the multi-dimensional poverty index (MPI) baselines and…
- Which organization in India is statutorily responsible for conducting employment and unemployment surveys,…
- What is the primary constitutional mandate of the Finance Commission of India constituted under Article 280…
- What was the primary focus and objective of the Green Revolution initiated in Indian agriculture during the…
- What is the primary purpose of the 'Index of Eight Core Industries' compiled in India?