New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Recently Union Cabinet has approved a which new Scheme

    for North East Region (PM-DevINE) for the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26?
    A PM NERI Correct Answer Incorrect Answer
    B PM NERM Correct Answer Incorrect Answer
    C PM-DevINE Correct Answer Incorrect Answer
    D PM-VineNE Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Union Cabinet has approved a new Scheme, Prime Minister’s Development Initiative for North East Region (PM-DevINE) for the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26. The new Scheme, PM-DevINE, is a Central Sector Scheme with 100% Central funding and will be implemented by Ministry of Development of North Eastern Region (DoNER). The PM-DevINE Scheme will have an outlay of Rs.6,600 crore for the four year period from 2022-23 to 2025-26 (remaining years of 15th Finance Commission period). While expenditure would continue to be incurred during 2024-25 and 2025-26, focused attention will be given to complete the sanctioned PM-DevINE projects.PM-DevINE will lead to creation of infrastructure, support industries, social development projects and create livelihood activities for youth and women, thus leading to employment generation.

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