nena OT
Headlines       Vol. 2 Issue 3-4        May 22-June 6 , 1999

Zoramthanga urges Finance Commission to write off loans


Mizoram had suffered immensely due to insurgency during the period 1996 to 1986 as no developmental work could take place. This view was expressed by State Chief Minister Zoramthanga while holding a meeting with the Finance Commission.
During the course of the meeting the Chief Minister also informed the commission about the increasing shortage of funds being faced by the State over the past many years ever since its inception.     zoramthnaga.jpg (9708 bytes)

He said, that unlike other states, Mizoram is suffering badly from lack of natural resources, remote location and poor communication network which are retarding its economic development to a great extent. Above all more than half the population is living below the poverty line. The Chief Minister pointed out that the clauses to the Mizo Peace Accord implied that the Government of India would write off previous loans, fully meet he non-plan gap and provide sufficient funds to remove the infrastructure bottlenecks. He requested the commission to invoke its power to write-off all the pending loans, clears liabilities and past commitments so that Mizoram could enter the millennium on a fresh note. In his presentation before the commission Zoramthanga also underlined the necessity for strengthening of district administration and others developmental aspects in which the state is facing extreme difficulties and asked the commissioner to go into these issue before announcing its award for the State.

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