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Budget 2022 | Rs 1,500 Crore For Development Initiatives In North-East In Coming Year: FM Sitharaman

Budget 2022: The new reforms "will enable livelihood activities for youth and women" in the Northeast said the Finance Minister in her speech.

Finance Minister Nirmala Sitharaman presented the Union Budget 2022 in Parliament today. She announced the allocation of Rs 1,500 crore for development initiatives in the northeast. 

The new reforms "will enable livelihood activities for youth and women" in the Northeast. 

"PM development initiatives for North East will be implemented for the North Eastern Council... This will enable livelihood activities for youth and women... This scheme is not a substitute for the existing Centre or State schemes," FM Nirmala Sitharaman said while presenting the Budget 2022

President Ram Nath Kovind, in the pre-budget parliament session, said that the government is committed to provide better infrastructure and connectivity in the North-eastern states. 

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura are slated to be benefited. 

"Rail and air connectivity are no longer a dream for the people of the Northeast, they are now able to experience them in reality. It is a matter of pride for the country that all the capitals of the Northeastern states are now being brought on the railway map with the efforts of my government," President Kovind said in the Parliament on Monday.

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