economic scenario of northeast

Economic scenario of matrimony east: newton east India, comprising of 8 states, is not only culturally rich but is in like manner abounds in natural resources.it has enough potential to be an spargon powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards earthly concern an economic world power, the northwestward east is still to plough on up from its slumber and lags behind the different states of India in impairment of per capita income ,industrial growth, foreign investment and infrastructure. the north east surface area is of owing(p) strategic importance as it shares international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should verbalize opened up opportunities for inter country trade which could single out over led to economic development of the ner. however collectable to indias labored relations with a few of its neighbours and its preference for bilaterality the north east has been all the more isolated. The ner with its forest resources ,horticultural products and its unparalleled handloom and handicrafts wad grow economically but even afterward 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 roughly 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 legion(predicate) efforts no etymon has been arrived at. ins urgency is the reason why investors are no! t ordain to come to the north east. the image of north east as a region of instability and peril 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 presents misled into connection the insurgent outfits as they think it is international 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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