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Business
Mizoram aims for Rs 16 lakh per‑capita income by 2047
✍️ The Times of India
🗓 04 Nov 2026, 12:01 AM
👁 18
The Mizoram government has announced a goal to raise the state's per‑capita income to Rs 16 lakh by 2047.
Mizoram's state administration disclosed a long‑term economic target, aiming to lift the per‑capita income of its residents to Rs 16 lakh by the year 2047. The announcement was made through an official statement released earlier this week.
The target forms part of the government's broader development agenda, which seeks to improve living standards across the hilly state. Officials indicated that achieving the goal will require sustained growth, increased investment in infrastructure, and diversification of key sectors such as tourism, agriculture and small‑scale industry.
While the state has made steady progress in recent years, policymakers acknowledge that reaching the Rs 16 lakh benchmark will demand coordinated efforts between the state and central governments, as well as private sector participation. The target will be reviewed periodically as part of Mizoram's five‑year development plans.
If realized, the per‑capita income level would place Mizoram among the higher‑earning states in the Northeast, reflecting the administration's ambition to accelerate economic transformation over the next two decades.
The target forms part of the government's broader development agenda, which seeks to improve living standards across the hilly state. Officials indicated that achieving the goal will require sustained growth, increased investment in infrastructure, and diversification of key sectors such as tourism, agriculture and small‑scale industry.
While the state has made steady progress in recent years, policymakers acknowledge that reaching the Rs 16 lakh benchmark will demand coordinated efforts between the state and central governments, as well as private sector participation. The target will be reviewed periodically as part of Mizoram's five‑year development plans.
If realized, the per‑capita income level would place Mizoram among the higher‑earning states in the Northeast, reflecting the administration's ambition to accelerate economic transformation over the next two decades.