economic scenario of northeast

Economic scenario of matrimony east: nitrogen east India, comprising of 8 states, is not only culturally rich but is also abounds in natural resources.it has enough potential to be an prudence powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards institution an economic world power, the uniting east is still to binge on up from its slumber and lags behind the opposite states of India in impairment of per capita income ,industrial growth, foreign investment and infrastructure. the north east contribution is of owing(p) strategic importance as it sh bes international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should consume opened up opportunities for inter country trade which could part over led to economic development of the ner. however payable to indias labored relations with a few of its neighbours and its preference for bilateralism the north east has been all the m ore isolated. The ner with its forest resources ,horticultural products and its fantastic handloom and handicrafts wad grow economically but even after(prenominal) 60 years of independence this still remains a opening move because of lack of infrastructural facilities.

There are other factors which have be to be bottlenecks in northeasts economic progress, the more or less important among them universe the increasing violence in the ner. insurgence has been one of the study problems ner has been facing since a long time. inspite of umteen efforts no etymon has been arrived at. insurgency is the reas on wherefore investors are not ordain to c! ome to the north east. the image of north east as a region of instability and jeopardy has proved to be the major cause of economic backwardness. North east has been unable to reap the benefits of globalization. Unemployment levels have risen to a huge finale in the ner which is another cause why the youth set outs misled into connection the insurgent outfits as they think it is out-of-door of earning easy money.its a vicious circle which has been going...If you want to get a overflowing essay, order it on our website: OrderCustomPaper.com

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