Mizoram CM Lalduhoma Emphasises Agriculture Development, Urges Banks to Expand in Rural Areas

Mizoram Chief Minister Lalduhoma on Monday said agriculture development remains central to the state’s overall growth, as nearly 80 per cent of the population depends on the sector for its livelihood. Addressing a state credit seminar organised by the National Bank for Agriculture and Rural Development (NABARD) here, he urged commercial banks to expand their presence in rural and remote areas to ensure inclusive development.

Lalduhoma said Mizoram has 278 bank branches, with 180 located in Aizawl, Lunglei and Kolasib districts, while the remaining eight districts together have only 95 branches.

He also stressed the need for a more equitable distribution of banking services across the state.

The chief minister said the state government has been implementing several welfare initiatives in collaboration with NABARD, which he described as a key catalyst in Mizoram’s development.