Real-time Stock quotes, portfolio, LIVE TV and more.
Jun 07, 2012, 07.43 PM IST
Planning Commission and the Union Ministry of Finance would work out a plan soon to provide financial assistance to the north eastern states facing financial crunch, Tripura Finance Minister Badal Chowdhury said today.
Chowdhury, who attended the meeting of chief ministers of the north eastern states in New Delhi on June 5, said the assurance was given by the Union Finance Minister Pranab Mukherjee regarding formation of the 14th Finance Commission this year to address the financial problems of the region.
He quoted Mukherjee as telling the meeting that the central government was committed in implementing the 'Look East Policy' which would not be possible without development of the north east states.
"Mukherjee also said the north eastern region would be included to achieve the second green revolution in the 12th Five Year Plan period and the North East Industrial and Investment Promotion Policy 2007 would be implemented to boost investment in the region," Chowdhury said.
Deputy Chairman of Planning Commission Montek Singh Ahluwalia, who was present in the meeting, said another meeting with the north eastern states would be held within three to four months.
May 20 2013, 15:05
- in MARKET OUTLOOK
May 20 2013, 12:21
- in Commodities