Mizoram's Flagship Loan Scheme Attracts Over 5,000 Applicants, Minister Confirms

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Mizoram's 'Bana Kaih' Scheme: 5,000+ Loan Applications Received, 176 Approved

Representational image (Image: News18)

N

News18•06-03-2026, 20:45

Mizoram's 'Bana Kaih' Scheme: 5,000+ Loan Applications Received, 176 Approved

•Over 5,000 people applied for loans under Mizoram's flagship 'Bana Kaih' (handholding) scheme, Minister F Rodingliana informed the Assembly.
•To date, 176 applications have been approved for credit, with Rs 6.84 crore disbursed to 91 beneficiaries by partner banks.
•Launched by CM Lalduhoma, the scheme facilitates loans up to Rs 50 lakh, with the government acting as a guarantor.
•Beneficiaries receive up to 100% interest subvention for timely loan repayment and grants up to Rs 50,000 under a special category.
•The scheme includes market support with Minimum Support Price (MSP) for five key local crops and has Rs 350 crore allocated for 2026-27.

Read Full Article on News18 in English

✦

More like this

✦

More like this

Representational image (Image: News18)

AIADMK Unveils Third Phase of Poll Promises: Rs 10,000 Ex-Gratia, Stipends, Free Power

Representational image (Image: News18)

Goa CM reviews 131 rural development projects, boosts funding

EPFO के 10,900 करोड़ रुपये लौटाने की तैयारी, 31 लाख खाताधारकों को राहत. (Image:AI)

Government to Return Dormant PF Funds Directly to Accounts: 7 Lakh Beneficiaries in Phase 1

Representational image (Image: News18)

Gujarat Disempowers 49 Hospitals for PM-JAY Irregularities, Recovers Funds

Representational image (Image: News18)

Maharashtra Procures 106 Lakh Quintals of Cotton at MSP, Minister Dismisses Malpractice Claims

Representational image (Image: News18)

Punjab disburses Rs 395 crore subsidy for CRM machinery to curb stubble burning