What is the News ?

The revised guidelines were issued for the Prime Minister’s Development Initiative for the North East Region (PM-DevINE).

Facts About:

• PM-DevINE, was announced in the Union Budget 2022-23 to address development gaps in the North Eastern Region (NER).It was approved by the Cabinet for the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26.
• The new Scheme is a Central Sector Scheme and will be implemented by the 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.
• An Empowered Inter-Ministerial Committee (EIMC) will be established, tasked with various functions under the scheme.

Objectives of PM-DevINE 

• Fund infrastructure convergently, in the spirit of PM Gati Shakti;
• Support social development projects based on felt needs of the NER;
• Enable livelihood activities for youth and women;
• Fill the development gaps in various sectors.

Functions of Empowered Inter-Ministerial Committee (EIMC)

• It assesses initial project proposals based on quality, viability, and socio-economic impact, working alongside representatives from relevant Indian Government Ministries/Departments and State Governments.It then recommends project selection from among these proposals.
• The EIMC proposes effective monitoring and evaluation methods, which may involve on-site inspections through third-party agencies. 
• The committee also devises mechanisms for the operation and maintenance of PM-DevINEprojects, aiming to ensure their sustainability.

Source: https://pib.gov.in/PressReleasePage.aspx?PRID=194206