Cabinet approves continuation of Schemes of Ministry of Development of NER: The Govt has approved continuation of schemes of the Ministry of Development of North Eastern Region, with an outlay of 12,882 crore rupees for the balance period of the 15th Finance Commission (2022-23 to 2025-26).
January 2023 Current Affairs Quiz
The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi, has approved continuation of Schemes of Ministry of Development of North Eastern Region , with an outlay of ₹12882.2 crore, for the balance period of the 15th Finance Commission (2022-23 to 2025-26).
Based on the Expendidture Filnance Committee (EFC) recommendations, the outlay for the North East Special Infrastructure Scheme (NESIDS) will be Rs.8139.5 crore including committed liabilities of ongoing projects. The outlay for ‘Schemes of NEC’ will be Rs.3202.7 crore including committed liabilities of ongoing projects. The outlay for Special Packages for BTC, DHATC and KAATC in Assam is Rs.1540 (BTC- Rs 500 crore, KAATC – Rs 750 crore and old packages of BTC, DHATC & KAATC – Rs 290 crore). The NESIDS, a Central Sector Scheme with 100% Central funding, has been restructured having two components – NESIDS (Roads) and NESIDS (Other than Road Infrastructure). Outlay for Special Packages for BTC, DHATC and KAATC in Assam is Rs.1540.
