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India Gazette
6 days ago
- Business
- India Gazette
Union Minister Jyotiraditya Scindia highlights 'rapid growth' of Northeastern states fulfilling PM's resolve
Indore (Madhya Pradesh) [India] July 8 (ANI): Union Minister for Development of the North Eastern Region (DoNER), Jyotiraditya Scindia, on Monday highlighted the rapid progress being made in India's Northeastern states and reiterated Prime Minister Narendra Modi's 'resolve' to make the Northeastern region the 'growth engine' of India. Interacting with media on Monday in Indore, Scindia said, 'The Prime Minister's resolve is to make the Northeastern region the growth engine of India. The Government of India is working with that same resolve, based on which, whether it be social development or infrastructure, all eight states are moving forward with renewed enthusiasm.' Scindia noted that while the national GDP growth rate currently hovers around '6-7%', the eight Northeastern states are witnessing an impressive growth rate of '11-13%', reflecting the impact of sustained government efforts and targeted investments. He also cited the success of a major Northeast Investment Summit held on May 23. 'On May 23, an investment summit was organised for the Northeastern states. In that, an investment of Rs 4.18 lakh crore was secured for all eight states... There is full hope that our eight states will not only bring a new dawn for India but also for the Global South,' he mentioned. Meanwhile, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Monday announced multiple initiatives by the government to boost the waterways and maritime sector in the Northeast region. 'With an investment of Rs 5,000 crore earmarked, the Union Government has drawn up major initiatives in this regard,' Sonowal said. He said that, over the past 11 years, the Ministry of Ports, Shipping and Waterways (MoPSW) has transformed India's maritime sector with record growth in cargo handling, capacity and coastal shipping. Major ports have nearly doubled their capacity, cruise tourism is rising with ambitious new terminals, and 50,000 youth from the Northeast will be trained for maritime jobs. 'Key legislative and digital reforms, green shipping initiatives, and projects like the Kaladan Multi-Modal Transit Transport Project are strengthening regional connectivity and trade. India's ports are now globally competitive, with nine ranking in the World Bank's top 100, and Visakhapatnam Port reaching the top 20,' Sonowal said. Addressing a press conference in Guwahati, Sonowal said, 'Under the visionary leadership of Prime Minister Narendra Modi, we have revitalised India's maritime sector as never before. From historic growth in port capacity and cargo handling to pioneering green shipping, cruise tourism and skill development for our youth -- these achievements reflect the Modi government's unwavering commitment to make India a global maritime powerhouse and drive inclusive development across every coastal and riverine region.' (ANI)
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Business Standard
04-05-2025
- Business
- Business Standard
Northeast has tremendous capabilities, launch pad for global South: Scindia
India's northeastern states -- growing at between 11-12 per cent -- present "tremendous opportunity" as launch pad for all of global South, Union Minister Jyotiraditya Scindia has said underlining its historic and "fundamental" significance in the economies and trade networks of the entire South-East Asian region. Scindia, who is Minister for Development of the North Eastern Region (MDoNER) and of Communications, has been actively driving initiatives to enhance connectivity, infrastructure and ecosystems across the northeast, positioning the region as India's next economic powerhouse, integrating all the eight states into a unified growth vision. Earlier this week, the minister met top honchos of India Inc., including Reliance Industries Chairman Mukesh Ambani, Aditya Birla Group Chairman Kumar Mangalam Birla as well as Tata Sons' Chairman N Chandrasekaran in Mumbai, ahead of the Rising Northeast Investment Summit 2025 scheduled to be held in New Delhi this month. Discussions focused on region-specific growth sectors including agro-based industries, textiles, and tourism. In a recent interview to PTI, Scindia noted that the northeast has historically been a very fundamental part of economies and trade for the whole of South-East Asia. "It is important to keep in mind the history of the North is through the North-East that goods and services used to travel all the way up to Europe. I believe that the North-East Prime Minister's leadership, the concept of what used to be the last state has become today the first state," Scindia said. Scindia noted that the northeast, endowed with rich natural and human resources, is experiencing growth rates exceeding the national average by over 300 basis points, with each of the eight states growing at around 11-12 per cent. He emphasised that this positions the region as a strong launch pad for the entire 'Global South'. "I believe that today, as they grow, and their growth rates are in excess of 300 basis points of the national average... that each one of our eight states are growing at between 11-12 per cent. They present a tremendous opportunity for a launch pad for all of the global south. And that has been the Prime Minister's vision, which is what we are actualising on by the tremendous amount of investment into infrastructure, be it railways, highways, airports, waterways per cent of Gross Budget Support (GBS), which is close to one lakh crore, going into the North-East every single year," Scindia said. The northeast is undergoing a transformation, he said outlining the tremendous capabilities the region has. "So I think the capability of the northeast today is paramount. And we need to be able to actualise and make sure that we give them that launch pad, if you will, to be able to contribute to the nation's progress," he said.
