North-East Special Infrastructure Development Scheme
December 17 , 2017 2451 days 999 0
The Union Cabinet has approved the introduction of a new Central Sector Scheme - 'North East Special Infrastructure Development Scheme’ (NESIDS) from 2017-18.
The scheme is being introduced to fill up the gaps in the creation of infrastructure in specified sectors till March 2020 and it will be fully funded by the central government.
The NESIDS will broadly cover the creation of infrastructure under following sectors,
Physical infrastructure relating to water supply, power, connectivity and especially the projects promoting tourism.
The infrastructure of social sectors of education and health.
The assets to be created under the new scheme will not only strengthen health care and education facilities in the region but will also encourage tourism thereby the employment opportunities for local youth.
Non-Lapsable Central Pool of Resources (NLCPR) scheme
The Cabinet also approved the continuation of the existing Non-Lapsable Central Pool of Resources (NLCPR) scheme till March 2020.
The funding of the scheme would be done by both centre and state in a ratio of 90: 10 with the total outlay being Rs.5300 crores. The scheme is aimed at enabling speedy completion of the ongoing projects.
The Ministry for Development of Northeastern Region (DoNER) allocates funds from NLCPR to various Northeast states for infrastructure projects.
The ministry allocates funds under two schemes viz. NLCPR (State) and NLCPR-Central for which annual budgetary allocations are provided in normal budgetary process.