Shillong, Oct 12 (PTI) Meghalaya Chief Minister Conrad Sangma said on Wednesday that the Union government's new development scheme for the Northeast would ensure holistic development of the region.

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Prime Minister's Development Initiative for North East Region (PM-DevINE), a scheme to support infrastructure, industries and other livelihood projects in the northeastern states, was approved on Wednesday by the Union Cabinet, chaired by Prime Minister Narendra Modi.

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"Union Cabinet's approval of the Prime Minister's Development Initiative for the North East (PM-DevINE) with a financial outlay of ?6600 Crores for 2022-2026 will ensure holistic development of the NE region," Sangma tweeted.

"Meghalaya thanks Hon'ble PM @narendramodi Ji for this landmark decision," he added.

The 100-per-cent centrally-funded scheme will support industries, infrastructure, social development projects and livelihood creation for youth and women, the chief minister said.

It will ensure all-round development of the entire Northeast, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)