Modi Govt Announces Extra 4,500 cr Funds to NE States
29-03-2018 Thu 14:32
The Centre has approved another Rs. 4,500 cr. grant for the development of projects, to North Eastern states. The grant is in addition to Rs. 3,000 cr granted last week towards tax exemptions. Union cabinet, through the North Eastern Council (NEC), has also decided to give 100 per cent funds to the North Eastern states, instead of the usual 90:10 ratio for special development works. Even road development works will be taken up under this new scheme. Moreover, subsidy on fertilisers will also be provided.
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