Mizoram signs agreements with eight banks to strengthen public fund management

The state of Mizoram has formalised pacts with eight banking institutions to improve the handling of public money. The agreements focus on tightening oversight, enhancing transparency and ensuring more efficient use of state funds. Officials said the move will help streamline cash management and reduce the risk of financial irregularities. By aligning with multiple banks, the government aims to create a robust framework for treasury operations across the state. The pacts are expected to be implemented in the coming weeks, with regular monitoring mechanisms put in place.