Northeast, India to gear for a new uplift
with sanction of Rs 52k corer for railway and Rs 1040 cr for textile projects
as announced by Smriti Irani, Union Textiles Minister while inaugurating the
1st Edition of North East Investors Summit along with Chief Minister Mukul
Sangma and Minister of State for DoNER Jitendra Singh in Shillong on 29th
January.
Smriti Irani added that apart from this the
Centre propose to invest Rs 820 corer in sericulture projects and Rs 1,040
crore for employment enhancement.
It is major objective to give fruitful
consequences to Pradhan Mantri’s ‘Act East Policy’ a total of Rs 52,000 crore
will be released by the Centre for North East railway development where 20
projects to be implemented for infrastructure improvement.
Under this ‘Act East Policy’ there are 715
development projects in the pipeline to boost international economic
relationship between China, Myanmar, Bhutan and Bangladesh. Northeast is
economically growing where Arvind Panagariya, vice chairman of Niti Aayog
highlighted Meghalaya’s phenomenal performance in GSDP growth with 9.7 score in
2013-14 session.
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