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Union Cabinet okayed Rs 4,500 cr for development projects: NEC secy

Press Trust of India  |  Shillong 

The has sanctioned Rs 4,500 crore for the ongoing development projects in northeast states for a period of three years, beginning financial year 2017-18, an of the (NEC) said today.

The has to ensure "maximum utilisation" of existing funds for completion of the ongoing schemes, its said at a plenary session here.

"As against a demand for Rs 7,500 crore, the has approved Rs 4,500 crore for a period of three years. The optimum use of the existing funds would enable the to approach the for additional funds during the FY 2018-19," he said.

The two-day plenary, with as the chairperson, has been organised here to discuss development work with chief ministers and governors of northeast states, in the presence of of State for Development of North Eastern Region (DoNER)

Muivah, while talking about the status of the NEC-funded schemes, said around 200 development projects, sanctioned in the past one year, have been put on hold for a review by a secretary-level committee.

The NEC-funded projects in the region have to abide by a set of new rules prescribed by the before their execution, he said.

secretary, however, clarified that sectors like power, irrigation, flood control, water supply, school education and have been left out of the purview of the council.

"The state governments (in the northeast) were requested to keep in abeyance 197 new projects which were sanctioned after March 2017," Muivah said.

A panel, comprising secretaries of the and the NEC, along with chief secretaries of northeast states, would examine the projects, he said, while presenting a report at the plenary.

"All projects funded by from 60 per cent of its budget will have to be identified by the project implementation committee (PIC), in a departure from the earlier norm when the projects were selected by the NEC, based on the priority lists of the state governments," he said.

also said that projects that are already lagging by two years from the target date of completion should be completed at the earliest with due formalities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 21:10 IST
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