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2019-02-02

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Indian Economy
www.pib.nic.in

Ministry of Development of North-East Region

Allocation for the North Eastern Areas is being proposed to be increased by 21% to Rs 58,166 crore in 2019-20 BE over 2018-19 BE: Finance Minister

Posted On: 01 FEB 2019 1:50PM by PIB Delhi

While presenting the Interim Budget 2019-20 in Parliament today the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said that the allocation for the North Eastern Areas is being proposed to be increased by 21% to Rs 58,166 crore in 2019-20 Budget Estimates over 2018-19 BE. The people of North East have also received significant benefits of infrastructure development. Arunachal Pradesh came on the air map recently and Meghalaya, Tripura and Mizoram have come on India’s rail map for the first time, he said.

The Finance Minister said that the Government will introduce container cargo movement to the North East by improving the navigation capacity of the Brahmaputra river. Shri Goyal said that the projects stuck for decades like the Bogibeel rail-cum-road bridge in Assam and Arunachal Pradesh have been completed. With the commissioning of the Pakyong airport in Sikkim, the number of operational airports in the country has crossed 100, he added.

Given below is the budget allocation for some of the major schemes being implemented in the North Eastern Region:

 

(Rs in crore)

 

Scheme

2017-18

Actuals

2018-19

BE

2018-19

RE

2019-20

BE

Schemes of North Eastern Council

335

380

607

580

Central Pool of Resources for North East and Sikkim

861

1000

781

931

Other subsidy payable including for North Eastern Region

282

608

513

674

Refund of Central and Integrated GST to Industrial Units in North Eastern Region and Himalayan States

 

169

1500

1500

1700

 

 

 

******

BB/NK/PK

 



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