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Question : What is the name of the scheme launched to fund infrastructure and social development projects in the northeast for a period of four years from 2022-23 to 2025-26?

Option 1: PM-NERLP

Option 2: PM-DRUV

Option 3: PM-FME

Option 4: PM-DevINE


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: PM-DevINE


Solution : The correct option is PM-DevINE .

In the Union Budget for 2022–23, the Prime Minister's Development Initiative for the Northeastern Region (PM–DevINE) was introduced as a new central sector initiative with 100% central funding, a list of the first seven projects, and an initial budget of Rs. 1500 crore. On October 12, 2022, the Cabinet gave its blessing to the PM-DevINE plan.  For the remaining four years of the 15th Finance Commission, from 2022–2023 to 2025–2026, the plan would cost Rs. 6,600 crore.

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