In the Budget 2024, Finance Minister Nirmala Sitharaman formulated a plan, Purvodaya, for the all-round development of the eastern region of India. Under this plan, 5 Indian states will be provided assistance to generate economic opportunities to attain the vision of Viksit Bharat 2047.
Read more to know all about the Purvodaya scheme details and its benefits.
Initially, Prime Minister Narendra Modi announced the idea of ‘Purvodaya’ in 2015 when he dedicated an Indian Oil Corporation Limited refinery in Paradip. He had stated that the eastern parts of the country needed to develop for India to become a developed nation.
In the Union Budget 2024, the Finance Minister announced that the Centre is formulating the Purvodaya plan for the all-round development of five states in the eastern region, i.e., Odisha, Bihar, West Bengal, Jharkhand and Andhra Pradesh.
The Purvoyada scheme will provide new energy to infrastructure, employment, human resources, and economic development opportunities in these regions in India. The eastern regions will play an essential role in building a self-reliant and developed India, which will be an engine to attain the idea of Viksit Bharat 2047.
The development of the eastern region of India will get new energy and momentum through the Purvodaya plan. The government will provide new impetus for developing important infrastructure such as water projects, highways, and power projects.
The eastern states of India, namely Odisha, Bihar, West Bengal, Jharkhand and Andhra Pradesh, are rich in cultural heritage and resources. The Purvodaya scheme focuses on capturing the rich cultural traditions and heritage of these states to transform them into economic hubs and fasten the government’s aim of Viksit Bharat.
The Purvodaya scheme will focus on infrastructure, human resource development, and the generation of economic opportunities in the country’s eastern region. The Purvodaya scheme aims to transform these regions into a growth engine for the nation through the following initiates:
Industrial Development
The Amritsar Kolkata Industrial Corridor will support the development of the industrial node at Gaya. This initiative focuses on blending modern economic growth with cultural heritage, showcasing the ‘Vikas bhi Virasat bhi’ model.
Road Connectivity Projects
The government will undertake various road connectivity projects to facilitate economic activities and improve infrastructure in the region, which include the following:
States from the eastern region of India are covered under the Purvodaya scheme, which is as follows:
Purvodaya scheme plays a vital role in attaining the vision of Vikist Bharat 2047 as it focuses on the overall development of the eastern region of India. It mainly focuses on development in three areas: human resource development, economic opportunity generation, and infrastructure development.
This scheme will help in the overall development of the country’s eastern regions and lead to building a self-reliant India. It will advance critical infrastructure projects and industrial and economic growth. It will help to harness the full potential of naturally endowed and resource-rich states of the eastern region of the country.