economic scenario of northeast

Economic scenario of matrimony east: due north east India, comprising of 8 states, is not only culturally rich but is in any case abounds in natural resources.it has enough potential to be an miserliness powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards public an economic world power, the conglutination east is still to flake 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 sh atomic number 18 is of owing(p) strategic importance as it shares international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should capture opened up opportunities for inter country trade which could lift 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 eas t has been all the more isolated. The ner with its forest resources ,horticultural products and its unequalled 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 just about 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 arri ved at. insurgency is the reason wherefor! e investors are not ordain to come to the north east. the image of north east as a region of instability and risk 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 fills misled into connection the insurgent outfits as they think it is away(p) 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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