Despite being a late starter on the growth trajectory, Mizoram is registering development on various fronts, most especially with regard to certain parameters, courtesy the New Economic Development Policy (NEDP). In spite of all the inherent disadvantages that the State experiences owing to its remoteness and geographical isolation, Mizoram has become one of the best performing small States in the country in terms of infrastructure development and good governance, says Lal Thanhawla, Chief Minister of Mizoram. However, despite the best efforts of the State Government through its various programmes including the flagship New Land Use Policy, a lot more needs to be done. It is needed to bring the State at par with the rest of the country.
Today, the global, regional as well as national scenarios have changed. Erstwhile economic powerhouses have now been replaced with new ones, with Asia now becoming the centre of action and India being one of the main actors and with the ‘Look East’ and ‘Act East’ policies becoming one of the most important scripts in this saga of economic growth.
Mizoram, being very much part and parcel of this new narrative, has a key role to play in this new era. The remote geographical location of the State in the far eastern corner of the country which was once an impediment now has the potential to become a boon with the right kind of development initiatives. Various factors such as a highly literate population, peaceful atmosphere and physical proximity to Bangladesh and Myanmar offer great opportunities to the State.
In recognition of these potentials and in realising the need to have a crucial paradigm shift in economic policy to fully exploit these potentials, the Government of Mizoram has decided to introduce this “New Economic Development Policy”. Its main objective is to bring about a sea change in the way priorities are placed in matters of economic development and governance so as to ensure that the State fully capitalises on the new opportunities placed before it, with the end goal being to attain a robust and self -sustaining economy in the long-run. Though immediate benefits are ideal, the main purpose of this policy is focused on the long-term advantages for one and all in the State.