What is the objective of the Central Government in creating the “Non-lapsable Central Pool of Resources”?

Answer: [D] To provide development funding to North East and Sikkim


The broad objective of the Non-Lapsable Central Pool of Resources (NLCPR) is to ensure speedy development of infrastructure in the North Eastern Region and Sikkim by increasing the flow of budgetary financing for specific viable infrastructure projects/schemes in the region. The provision is for funding these projects. The outlay includes a provision of Rs. 50 crore for funding special projects/schemes for the economic development of the Karbi Anglong Autonomous Territorial Council (KAATC) area in Assam

This question is a part of GKToday's Integrated IAS General Studies Module