The Mizoram Pradesh Congress Committee (MPCC) has launched a scathing attack on the ruling Zoram People’s Movement (ZPM) government, accusing it of severe financial mismanagement and pushing the northeastern state into a dangerous “debt trap”. Addressing a press conference in Aizawl, MPCC Publicity Chairman PC Laltlansanga revealed that Mizoram’s total outstanding debt has escalated to approximately ₹19,085.15 crore, significantly outpacing the state’s current annual budget of ₹17,076.92 crore. Highlighting the real-world impact of this fiscal imbalance, Laltlansanga pointed out that the public liability translates into a heavy financial burden of nearly ₹1.45 lakh for every Mizoram citizen, spanning from newborns to the elderly. Describing the current administration as the worst at handling finances among all governments that have held power in Mizoram, the Congress leader highlighted that the ZPM regime borrowed around ₹6,119.8 crore within just the first seven months of the ongoing financial year, comfortably surpassing the ₹5,308 crore borrowed during the entire preceding fiscal period. Expressing alarm over the state’s debt exceeding its total annual budget by roughly ₹2,008.23 crore—a situation he termed completely unprecedented in Mizoram’s political history—Laltlansanga warned that the government’s growing over-reliance on fresh market loans is actively indebting the populace. Beyond the broader debt figures, the Congress party strongly criticized the state administration’s questionable practice of awarding lucrative developmental and departmental contracts through restricted tenders, alleging that borrowed public funds are being funneled to favored individuals and select entities. Demanding immediate and corrective financial interventions, the MPCC has urged the state government to halt its cycle of excessive borrowing, curb favoritism, and adopt sustainable fiscal measures aimed at stabilizing Mizoram’s deteriorating economy. In response to the allegations, ZPM leadership declined to issue an immediate reaction, stating that the ruling party would provide a detailed response when deemed necessary.
