Minister: NEDP to transform Mizoram into market economy

AIZAWL: Mizoram finance minister Lalsawta on Tuesday said the New Economic Development Policy (NEDP) of the state government would uplift Mizoram from subsistence economy to market economy within a few years.
The new policy would concentrate on increase in produce in agriculture and allied services and processing facilities, Lalsawta told a press conference.
Also, the emphasis would be on cluster farming as well as contract farming, he said.He added that the latest technology would be introduced in farming and processing of the products.
He said the state government has allocated Rs 250 crore for NEDP during the current fiscal and other thrusts would include construction of link roads, irrigation, market yards, cold storage and ware houses.
Entrepreneurs, especially educated young people, would be encouraged to take up projects under the NEDP, he added.