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Friday, July 11, 2014

Rs. 100 cr for Organic Farming and Rs. 1000 cr for rail connectivity in NER

New Delhi, 10 July [PIB]: Finance Minister Arun Jaitley announced some major initiatives for North Eastern states while presenting the General Budget for 2014-15 in Lok Sabha today.
In his maiden budget speech, FM Mr. Jaitley said Rs. 100 crore is being provided for development of organic farming in North Eastern States in the current financial year. With a growing global demand for organic food, North Eastern States will benefit from development of commercial organic farming, the Minister added.
The Finance Minister proposed a sum of Rs. 1000 crore for development of rail connectivity in the North Eastern Region over and above the amount provided for in the interim budget.
Mr. Jaitley said that in order to provide a strong platform to rich cultural and linguistic identity of the North-East, a new 24x7 channel called “ArunPrabha” will be launched for the expression of cultural identity and for creating greater awareness of the richness of the diversity of our country.

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