Chief Minister Pu Lalduhoma Launches Mizoram Flagship 'Handholding Scheme' at Vanapa Hall

Daily Current Affairs / Chief Minister Pu Lalduhoma Launches Mizoram Flagship 'Handholding Scheme' at Vanapa Hall

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Category : National Published on: September 28 2024

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Mizoram Chief Minister Pu Lalduhoma launched the Handholding Scheme (Bana Kaih) to promote economic development and self-reliance, in which financial assistance will be given to entrepreneurs and farmers.
Under this scheme, the beneficiaries will get collateral-free and interest-free bank loans up to Rs 50 lakh, as well as the benefit of interest rebate up to 100% on timely repayment.
The handholding scheme offers Minimum Support Prices (MSPs) for four major crops such as ginger, broom, turmeric, and Mizo bird-eye chili, which will provide stability and support to farmers.