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Union Minister Shri Jyotiraditya Scindia announced that the Centre has invested INR 5 lakh crore in the North East over 11 years, aiming to make it a key player in India's economic transformation. Covering all eight northeastern states, the funds support infrastructure, welfare, and industry. Scindia highlighted that the region's annual growth rate of 11-13% outpaces the national average of 6-7%. At the 'Rising North East' summit, private sector proposals worth INR 4 lakh crore were received, indicating strong investor confidence. Scindia emphasized the region's potential to shape both national and global development, as the government works to foster inclusive, sustainable growth across India's historically underserved states.
Union Minister for Development of the North Eastern Region, Jyotiraditya Scindia, has said that the Central government is actively pushing to establish the North East as a leading force in India's economic transformation. While speaking to reporters in Indore, Scindia said the Union government, under the leadership of Prime Minister Shri Narendra Modi, had invested a cumulative sum of INR 5 lakh crore across the North East in the past 11 years. Advertisement
This financial commitment spans the eight states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, and Sikkim. According to Scindia, this strategic investment is intended to stimulate progress in infrastructure development, social welfare, connectivity, and regional industry, aligning with the Prime Minister's long-standing resolution to integrate the North East more firmly into the national growth framework.
Scindia explained that this extensive funding has translated into visible momentum on the ground. He remarked that the region has been advancing with new energy, driven by both public expenditure and rising private interest. He added that the economic performance of the region has surpassed the national average, noting that while India's GDP growth rate currently stands between 6-7%, the eight North Eastern states have been expanding at an annual rate of 11-13%.
He also referred to the recently held 'Rising North East' investor summit, which generated significant traction from the private sector. Investment proposals worth over INR 4 lakh crore were received during the event, reflecting investor confidence in the region's economic potential. Scindia expressed optimism that the North East would not only contribute meaningfully to India's development but also to the broader aspirations of the Global South, particularly as emerging markets seek new hubs of sustainable growth.
During the interaction, Scindia also commented on the upcoming elections in Bihar. He asserted that the Bharatiya Janata Party (BJP), along with its alliance partners, would retain power in the state. However, when asked about the ongoing dispute involving the use of Hindi and Marathi languages in Maharashtra, he refrained from commenting, choosing not to engage on the matter.
By injecting capital into historically underserved states and drawing in private investment, the government appears to be laying the groundwork for a more balanced and inclusive economic model. The North East's rapid growth, exceeding national averages, presents a compelling case for continued focus on the region-not just as a developmental catch-up zone, but as a dynamic contributor to India's evolving economic identity. With investor interest mounting and policy backing in place, the region is being repositioned as an indispensable link in India's growth chain.
Source - PTI
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