States » EastPosted at: Mar 18 2025 7:59PM


Mizoram’s debt projected to touch Rs 14,000 crore, says CM Lalduhoma

Aizawl, Mar 18 (UNI) Mizoram’s financial burden continues to mount, with Chief Minister Lalduhoma informing the state legislative assembly on Tuesday that the state’s debt is expected to climb to Rs 14,034.76 crore by the end of the 2024–2025 fiscal year.
Responding to a question from Congress MLA C. Ngunlianchunga, Lalduhoma, who also holds the Finance portfolio, stated that the government’s outstanding debt stood at Rs 12,082.26 crore after the 2023–2024 financial year.
Despite the rising figures, the Chief Minister assured the House that the government was making efforts to bring down the projected debt. "We are targeting to reduce the estimated debt by Rs 1,003.94 crore, which would be the first time in the state's history that such a reduction is made within a fiscal period," he said while replying to supplementary questions.
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