Northeast India, once perceived as a 'paradise', has now become a 'problem' in perpetuity due to its badly managed economy and an absolute lack of political vision. Side by side, words like 'alienation', 'exploitation' and 'insecurity' are being 'used' across the region to instigate the dangerous problem of insurgency. This has kept the region continuously in a state of flux devoid of political or economic stability so crucial for any meaningful development, negating the effects of whatever little economic development has taken place in the region. Centre's continuous development initiatives under the Special Category Status releases huge amount of development funds without creating necessary credit absorption capacity in the economy and consequently has remained unsuccessful in delivering the results woefully dismal have been the half hearted attempts made by the different State Governments in the region from time to time in the name of development. Most of these efforts were directed only towards extracting more assistance and more grants from the Centre. The book revisits these failed initiatives and re-examine the crucial areas while searching for an alternative.