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NDA Govt’s high fund allocation propelled Mizoram economy: Nirmala Sitharaman at campaign rally

Union Finance Minister Nirmala Sitharaman, during her one-day visit to the Northeastern State, asserted on the transformative impact of the BJP-led Government’s fiscal policies on Mizoram’s development. Campaigning for BJP candidate Vanlalhmuaka, Sitharaman highlighted the substantial increase in tax devolution and grants-in-aid to strengthen Mizoram’s economy.

Editor Ritam English by Editor Ritam English
Apr 18, 2024, 11:27 am IST
Union Finance Minister Nirmala Sitharaman, during her one-day visit to the Northeastern State, asserted on the transformative impact of the BJP-led Government’s fiscal policies on Mizoram’s development. Campaigning for BJP candidate Vanlalhmuaka, Sitharaman highlighted the substantial increase in tax devolution and grants-in-aid to strengthen Mizoram’s economy.

Union Finance Minister Nirmala Sitharaman, during her one-day visit to the Northeastern State, asserted on the transformative impact of the BJP-led Government’s fiscal policies on Mizoram’s development. Campaigning for BJP candidate Vanlalhmuaka, Sitharaman highlighted the substantial increase in tax devolution and grants-in-aid to strengthen Mizoram’s economy.

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Union Finance Minister Nirmala Sitharaman, during her one-day visit to the Northeastern State, asserted on the transformative impact of the BJP-led Government’s fiscal policies on Mizoram’s development. Campaigning for BJP candidate Vanlalhmuaka, Sitharaman highlighted the substantial increase in tax devolution and grants-in-aid to strengthen Mizoram’s economy.

Nirmala Sitharaman accorded warm welcome by Mizoram BJP president Vanlalhmuaka and others upon her arrival at Lengpui Airport. Addressing a press conference in Lengpui, Sitharaman highlighted Mizoram’s remarkable growth trajectory under the NDA Government’s tenure. She revealed while Mizoram received Rs 4,734 crore in the 10 years of the UPA regime, the NDA government allocated a significantly higher sum of Rs 32,823 crore between 2014 and 2024. This surge in funding reflects the government’s commitment to empower Mizoram and expand its progress.

She further said grants-in-aid to Mizoram have seen a remarkable rise of 102 % in the last 10 years. The Union Minister said Mizoram had received Rs 21,358 crore in grants during the 10-year period of the UPA Government. This figure rose to Rs 43,101 crore during the 10 years regime of the NDA Government.

Furthermore, Sitharaman noted that the Centre has implemented numerous schemes and projects aimed at developing the State and enhancing connectivity. It shows Prime Minister Narendra Modi accords high priority to the Northeast region. In the last 10 years, he visited the region at least 65 times, mentioned Sitharaman further highlighting central ministers’ total visit to the region on more than 850 occasions.

Moreover, Sitharaman listed about the significant benefits the Northeastern States, including Mizoram, have gained from the Goods and Services Tax or GST. Besides, she announced plans to facilitate and formalise cross-border trade between Myanmar and Mizoram.

Earlier in the day, she addressed a public meeting in Siaha town, located in south Mizoram, where she discussed similar issues concerning the region’s development and progress.

Tags: Nirmala SitharamanNortheastern StateSitharaman
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