Thursday, March 26, 2026
News

North East emerges as investment hub with Rs 6.75 lakh crore boost in a decade: Scindia

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | May 23, 2025 11:43:54 AM IST
Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, on Thursday highlighted the transformative progress of the North Eastern states over the last decade under the leadership of Prime Minister Narendra Modi.

Speaking at the inaugural session of the Rising North East Investors Summit at Bharat Mandapam in New Delhi, the minister emphasized the government's commitment to the region's development.

Scindia announced that gross budgetary support for the north-eastern region has seen a dramatic rise, from a mere 10 per cent to enabling an investment of nearly Rs 6.75 lakh crore in the last ten years.

This significant allocation, he noted, has been a game changer in redefining the growth trajectory of the region, turning it into a land of opportunity.

He said, "It is our very own Prime Minister who, over the past ten years, has increased the gross budgetary support from 10 per cent to enable an investment of nearly Rs 6.75 lakh crore in the North Eastern region".

The summit, aimed at attracting both global and domestic investors, sought to spotlight the immense economic potential of the North East.

The minister remarked that the region of the Brahmaputra and Barak rivers, has for thousands of years been a cradle of India's ancient culture and commercial vibrancy.

"There was a time when these eight states served as South Asia's global trading hubs, making a significant contribution in connecting the East to the West through both land and water routes," he stated.

However, Scindia lamented that in the seventy years following India's independence, the region had remained neglected and in the shadows.

"In the past ten years, the destiny and story of this entire region have transformed. And the architect of that transformation stands before us today in the form of our esteemed Prime Minister, Narendra Modi ji," he said, praising PM Modi as the architect of this transformation.Recounting past infrastructure gaps, the minister shared that N-E region once had only nine airports, and two states lacked any airports at all.

Under PM Modi's leadership, the number of airports in N-E has risen to seventeen, giving the region a new thrust in connectivity and economic integration.

The Rising North East Investors Summit is a step toward harnessing this renewed momentum and showcasing the North East as an emerging investment destination on the global stage. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Fuel supply stable, petrol pumps operati...
Best Eye Hospitals for Cataract Surgery ...
Italian Fashion Leader OVS Opens Its Fir...
Commerce Secretary Rajesh Agrawal engage...
Indian Data Centre capacity set to reach...
Fuel supply stable, petrol pumps operati...
More...
 
INDIA WORLD ASIA
Kite string causes minor blast at Jafrab...
'Planned, systemic attack; initiated by ...
'Entire nation knows AIMIM chief Owaisi ...
Amit Shah to visit West Bengal on March ...
Assam: 300 women-led polling stations, r...
'Situation on the ground is very bad...p...
More...    
 
 Top Stories
India defeat Pakistan in SAFF U20 C... 
"We want to be a team that consiste... 
Pakistan faces global heat at UNHRC... 
PM Modi to attend G7 summit in Fran... 
Telangana: K T Rama Rao visits inju... 
Jindal Panther clinch 10-9 extra-ti... 
Indian spinner Rahul Chahar returns... 
"No better sector than tourism to c...