Mizoram partners with banks to boost economic growth through handholding scheme
Mizoram government on Wednesday signed agreements with the partner banks to provide banking loans under the state's flagship initiative, the handholding scheme – 'Bana Kaih', designed to promote economic growth and self-sufficiency.
The 'Bana Kaih' scheme, launched in September this year, is the state government's flagship programme aimed at fostering self-reliance and inclusive economic development in the state.
The primary objective of the scheme is to contribute to the realisation of 'Viksit Bharat' (developed India) and the achievement of the United Nations Sustainable Development Goals (SDGs).
On Wednesday, in the presence of Chief Minister Lalduhoma, a Memorandum of Agreement (MoA) was signed between the Mizoram government and three partner banks — State Bank of India (SBI), Mizoram Rural Bank (MRB), and Mizoram Cooperative Apex Bank Ltd. (MCAB).
The MoA was signed for loan disbursement under the 'Bana Kaih' scheme.
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