Centre allocates Rs.10000 Crore in Rail projects in North-East India

NEW DELHI: President Pranab Mukherjee on Tuesday said the government is taking special initiatives to develop the North East region, including developing railway projects worth Rs 10,000 crore.

“My government is taking all special initiatives to develop the North East region. Special attention is being given to provide financial assistance with the ratio of 90:10 for the centrally Sponsored Schemes. For the railways related development, the government has already poured in Rs 10,000 crore,” said President Shri Pranab Mukherjee addressing the joint session of Parliament.

For the first time in India the Union Budget will be presented on February 1.

Talking about other initiatives for the North East region, Mukherjee said: “Arunachal Pradesh has been brought in the Railway map.”

On the setting up of various new organisations in North East, Mukherjee said: “Organisations like Brahmaputra Cracker and Polymer Limited, Numaligarh Refinery and others are new projects which will create tremendous job opportunities in the region.”