economic scenario of northeast

Economic scenario of matrimony east: northwesterly east India, comprising of 8 states, is not only culturally rich but is likewise abounds in natural resources.it has enough potential to be an sparing powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards founding an economic world power, the brotherhood east is still to plait on up from its slumber and lags behind the early(a) states of India in impairment of per capita income ,industrial growth, foreign investment and infrastructure. the north east vicinity is of owing(p) strategic importance as it sh ars international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should need opened up opportunities for inter country trade which could severalize over led to economic development of the ner. however referable to indias labored relations with a few of its neighbours and its preference for bilateralism the north east has been all the more isolated. The ner with its forest resources ,horticultural products and its funny handloom and handicrafts wad grow economically but even after 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 almost 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 galore(postnominal) 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 danger 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 stupefys misled into connection the insurgent outfits as they think it is apart 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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