04
Apr
In a significant boost to Mizoram’s financial position, Chief Minister Lalduhoma on Thursday announced that the state’s cash balance has more than doubled over the past year, reaching Rs 1,093 crore with the Reserve Bank of India (RBI) as of April 1, 2025. Speaking at an event in Aizawl, Lalduhoma attributed the surge in reserves to strict austerity measures adopted by his government. The state had a closing cash balance of Rs 520 crore at the end of the 2023-24 fiscal year, which itself was an improvement over earlier years when balances typically hovered around Rs 100–200 crore. “In spite…
