Business

Union Minister Sarbananda Sonowal Highlights 300% Surge in Northeast Budget for 2023-24

In a significant announcement, Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, revealed that the Northeast region has experienced a remarkable increase of over 300 percent in its budget outlay since 2014. The budget for the region has surged to Rs 94,680 crore for the fiscal year 2023-24, up from Rs 36,108 crore nearly a decade ago.

Infrastructure Expansion and Development

Sonowal highlighted the impressive growth in infrastructure, noting a 28 percent increase in the expansion of National Highways (NHs). The number of NHs in the region has risen from 80 in 2014 to 103 by 2023. Additionally, the outlay for infrastructure development schemes has seen a staggering 26-fold increase, jumping from a mere Rs 94 crore to Rs 2,491 crore.

The railway sector has also witnessed significant advancements, with over 193 km of rail lines being commissioned annually. The railway budget for the Northeast has increased by 370 percent, and the region has achieved 100 percent electrification of broad gauge lines.

Aviation and Education Growth

Under the leadership of Prime Minister Narendra Modi, the Northeast now boasts 17 operational airports, leading to a 113 percent increase in weekly flights. The region has also seen a healthy growth of 39 percent in the number of universities, contributing to enhanced educational opportunities.

In an effort to promote sustainable practices, more than 1.55 lakh hectares of land have been allocated for organic farming. Ongoing road projects span over 4,016 km, and 4G connectivity has reached nearly all areas of the Northeast, improving communication and access.

Sonowal emphasized the government’s commitment to rejuvenating inland waterways as an economical and ecologically friendly mode of transportation. The Northeast, with its extensive riverine systems, stands as a success story in this initiative, showcasing the potential of inland waterways for enhancing regional connectivity.

The Union Minister’s remarks underscore the transformative changes taking place in the Northeast, driven by substantial investments and a focus on infrastructure development under the current government. 

Anjali Singh

Anjali Singh is a journalist with expertise in health, environment, science, civic issues, and business. She works as a sub-editor for The Sunday Guardian and The Daily Guardian. Anjali has earned a Post Graduate Diploma from the Asian College of Journalism and completed her undergraduate studies at Delhi University.

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