Kamalanagar, October 22, 2026: The Chief Executive Member (CEM) of the Chakma Autonomous District Council (CADC), Dg. Nirupam Chakma, has welcomed the proposal to establish a branch of Mizoram Cooperative Apex Bank Limited (MCAB) at Kamalanagar, expressing hope that it would improve access to banking services and create new opportunities for employment, entrepreneurship and business development in the CADC area.

The proposal was discussed at a meeting held at the CADC Art & Culture Hall, Kamalanagar, on Thursday. The meeting was chaired by Pronit Bikash Chakma, Executive Secretary, CADC, and attended by MCAB Chairman Pu Lalnunsanga as the Chief Guest, along with CADC Councillors, officers and staff, and representatives of cooperative societies.

Addressing the gathering, the CEM said that the existing branches of the State Bank of India (SBI) and Mizoram Rural Bank (MRB) were insufficient to meet the banking needs of the large population in the CADC area. He stressed the need for additional banking facilities not only at Kamalanagar but also in other populous areas, including Longpuighat, Borapansury, New Jagnasury and Parva. He expressed hope that improvement in road connectivity would encourage more banks to expand their services to these areas.

The CEM also emphasised the need to promote self-employment among local youth, noting that employment opportunities within CADC alone could not meet the growing demand for jobs. Referring to the Government of Mizoram’s Bana Kaih policy, he highlighted the potential of agriculture, tourism, veterinary services, fisheries, small-scale industries, handloom and handicrafts to generate livelihood opportunities in the CADC area. He said the Council would encourage young people to take up entrepreneurial activities, provide opportunities for skill development and facilitate access to financial assistance from banks and other institutions. He also expressed CADC’s willingness to extend the necessary cooperation in facilitating the proposed MCAB branch.

MCAB Chairman Pu Lalnunsanga thanked the CADC leadership and participants for the warm reception. Describing the CADC area as an important commercial hub, he said there was considerable scope for cooperation to create more employment and business opportunities. He expressed hope that the proposed branch would make credit facilities more accessible, helping people become self-reliant and enabling existing businesses to expand. He appealed to all concerned to extend their support and cooperation towards the successful establishment of the branch.

Earlier in the day, the MCAB team held an interaction with shareholder members of cooperative societies at the Tourist Lodge, Kamalanagar. The Chairman was accompanied by Pu Lalrinchhana, Vice-Chairman, MCAB; Pu Pu Lalbiakmawia, Vice-Chairman, MAHFED, and Pu K. Vanlalhriata, Assistant Grade-I, Dawrpui Branch.

No. 72/2026-27