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Over Rs 16K cr pooled under fund for NE development

Over Rs 16,000 crore has been pooled under the special fund of Non-lapsable Central Pool of Resources (NLCPR) for development of the northeastern states, the Rajya Sabha was informed today.



New Delhi: Over Rs 16,000 crore has been
pooled under the special fund of Non-lapsable Central Pool of
Resources (NLCPR) for development of the northeastern states,
the Rajya Sabha was informed today.

In a written reply, Minister for Development of
Northeastern Region B K Handique said Rs 16,155 crore have
been accrued to the NLCPR during 1998-99 to 2008-09.

The NLCPR was created to pool unspent money allocated
under various schemes by central ministries and departments in
the annual budget.

The Central ministries need to earmark at least 10 per
cent of their budget for developmental programmes in the
northeastern region and the unspent portion of the money goes
to the NLCPR.

The funds from NLCPR are allocated to various states
by DoNER ministry for developmental schemes.

The broad objective of the NLCPR scheme is to ensure
speedy development of infrastructure in the northeastern
region.

-PTI

From Zee News

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