Mizoram MPs meet Nirmala Sitharaman; urge to waive loan liabilities to HUDCO

Two Members of Parliament from Mizoram – C Lalrosanga and K Vanlalvena called on the Union Finance minister Nirmala Sitharaman urging her to write off loan liabilities to Housing and

Two Members of Parliament from Mizoram – C Lalrosanga and K Vanlalvena called on the Union Finance minister Nirmala Sitharaman urging her to write off loan liabilities to Housing and Urban Development Corporation amounting to Rs 39.29 crore.

According to official sources, C Lalrosanga and K Vanlalvena met with Union Finance Minister Nirmala Sitharaman on Wednesday in New Delhi and placed the matter.

The loan was extended by Housing and Urban Development Corporation to the Mizoram government in 1992 for the rehabilitation of former cadres of the erstwhile underground Mizo National Front, who came over ground following the historic Mizo peace accord in 1986 and as housing assistance for the poor.

Chief Minister Zoramthanga has also earlier discussed the matter with the Union Minister.

During an interaction, the two Mizoram MPs discussed with Sitharaman a wide range of issues, including writing off loan interest, equal distribution of Non-Lapsable Central Pool of Resources among states and immediate release of the second installment of MP Local Area Development fund.

Meanwhile, Sitharaman assured the two MPs to settle the issue as soon as possible and also assured them to look into their request for even distribution of NLCPR among the states.

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