TODAY -
Central govt to 100% fund development projects in NE
Nagaland Post | IANS | New Delhi, Mar 29 (
Central government will now 100% fund the development projects in the North Eastern region - unlike 90% as per previous policy while the remaining had to be done by the state, it was announced on Thursday.
Briefing the media after Cabinet meet, Union Minister of State for Development of North Eastern Region (DoNER), Dr. Jitendra Singh called the decision as “historic”. Central government has allocated Rs 4,500 crore for the purpose. The ongoing projects would be as per the older formula of 90:10 but the new projects would be completely funded by the Centre, he said, adding that the ongoing projects would be completed by 2020.
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* This Post is uploaded on 30 March 2018
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