Mizoram SEDP Scheme – The Chief Minister of Mizoram launched a new initiative on August 19, 2024. This program, known as the Socio-Economic Development Policy (SEDP), is a flagship scheme aimed at providing financial assistance to families in need. The financial support will be distributed in phases, aimed at improving the social wellbeing and quality of life of the residents of Mizoram. In this article, we will explore all the details regarding the SEDP Scheme, including its objectives, benefits, eligibility criteria, required documents, and the application procedure.
Overview of the Mizoram SEDP Scheme 2025
In response to prevailing economic challenges, the state government has introduced the Mizoram SEDP Scheme to provide much-needed financial support to families. The program aims to reach 300,000 families over the years, with the initial disbursement being Rs 50,000 per family. The Mizoram government has allocated 700 crore rupees for the execution of this scheme, with 350 crore rupees specifically set aside for family development initiatives. An estimated 60,000 individuals will benefit from this program statewide. Eligible applicants will need to submit their applications to a local SEDP committee as outlined in the policy guidelines.
On the day of the launch, checks totaling 152.99 billion rupees were distributed to 9 departments by the Chief Minister. Assistance under this scheme will be provided across various sectors, including agriculture, animal husbandry, fisheries, land resources, irrigation, trade, urban development, poverty alleviation, and tourism among others.
The scheme encompasses 11 districts and covers over 70 livelihoods. This gives participants the opportunity to choose from multiple professions across nine different sectors. To ensure the economic upliftment of around 60,000 beneficiaries, each eligible family will receive a financial grant of Rs 50,000, with an aim of supporting 1,500 beneficiaries from each of the 40 Assembly Constituencies.
“The flagship program of SEDP was officially launched by Hon’ble Pu @ZoramthangaCM today. The unit cost per family remains Rs 300,000 under SEDP. The first instalment of Rs 25,000 per family will precede another instalment to complete Rs 300,000 or more,” said the Hon’ble CM. pic.twitter.com/tEv06S5DCm — Robert Romawia Royte (@robertroyte) August 19, 2024
Details of Mizoram Socio-Economic Development Policy
| Scheme Name | Socio-Economic Development Policy |
| Launched By | Mr. Zoramthanga, Chief Minister of Mizoram |
| Date of Announcement | August 19, 2024 |
| Objectives | To Provide Financial Aid |
| Benefits | Rs 50,000 to Rs 3 lakh in the first year |
| Website Link | Not Yet Released |
Objectives of the Mizoram SEDP Scheme
This program aims to define targeted goals for development and livelihood creation. The SEDP is a critical initiative of the ruling Mizo National Front (MNF) and was included in the party’s election manifesto in 2018. The financial disruptions caused by the COVID-19 pandemic made the timely execution of this policy essential, and it took three years for the government to initiate this family-friendly program. The state government has committed to providing beneficiaries with financial support of Rs 3 lakh to help them engage in productive ventures.
Key Benefits of the Mizoram SEDP Scheme
- The SEDP was part of the MNF’s 2018 election manifesto.
- This fiscal year, the state government will assist 60,000 households.
- Financial aid will aim to reach Rs 3 lakh through a disbursement of Rs 50,000 initially.
- The initial support of Rs 3 lakh per family will be issued in installments.
- In the second year of the scheme, additional financial aid exceeding Rs 3 lakh will be provided.
- Total beneficiaries covered in the initial year will be limited to 60,000 households.
- Financial assistance will be distributed in two installments of Rs 25,000 each.
- It is expected that the first installment will directly deposit into beneficiaries’ accounts between September 1, 2024, and October 31, 2024, with the second installment expected between December 1, 2024, and mid-February 2025.
- Beneficiary allocations will include specific sectors: Agriculture (9,161 households), Veterinary (2,539), Urban Development & Planning Authorities (828), Land and Water Conservation (5,680), Horticulture (4,078), and Commerce & Industry (13,266).
Application Process for the Mizoram SEDP Scheme
- Eligible candidates must submit their application forms to the village-level SEDP committee.
- Applicants can choose from over 70 different professions and indicate the type of financial assistance needed from one of those sectors.
- Once the applications are submitted, they will be processed by relevant authorities, and the funds will be transferred electronically and directly to the beneficiaries’ accounts.