Mizoram Aims for Rs 650 Crore in Central Capital Investment Incentives

Photo Courtesy: northeasttoday

Aizawl: Mizoram Chief Minister Lalduhoma has directed government departments to improve their financial management systems to secure Rs 650 crore in reform-linked incentives under the Special Assistance to States for Capital Investment (SASCI) programme for 2026-27. Speaking at a workshop in Aizawl, the Chief Minister emphasized the need for all departments to master the SNA SPARSH platform, which serves as the primary system for managing central funds.

Technology has made the receipt and usage of government funds more transparent, yet success depends on the collective performance of individual departments. Last year, the state successfully secured Rs 350 crore in incentives for financial management efficiency, a benchmark the administration intends to build upon by claiming all available funds in the current cycle.

To accelerate project approvals and spending, the government has delegated financial powers to all administrative heads. Officials must now focus on the prompt closure of SNA SPARSH accounts and the timely submission of utilization certificates. The Chief Minister also highlighted that upcoming schemes under the SASCI framework must transition to Direct Benefit Transfer (DBT) modes, a requirement that will eventually extend to state-run welfare initiatives.

The training workshop, organized by the Finance Department alongside the Institute of Government Accounts and Finance, provided staff with technical guidance to meet these central mandates. Commissioner of Finance Vanlaldina Fanai chaired the session, which aimed to streamline administrative processes and ensure full compliance with national financial protocols.

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