 financial memorandumclause 2 of the bill seeks to insert a new article 371j in the constitution of india to provide for the establishment of a development board with respect to the north eastern region clause 5 of the proposed new article 371) of the constitution further provides that the central government would make available adequate funds for implementation of the various projects of the development board the bill therefore, if enacted would involve an estimated annval recurring expenditure of about rupees four thousand crores from the consolidated fund of india the share of the states to the development projects will be met by the state governments from the respective consolidated funds of the states