Current Affairs - State - Discussion

The Union Finance Minister launched several developmental initiatives in Nagaland, reflecting the government's focus on strengthening infrastructure and financial inclusion in the Northeast. A new Industrial Training Institute was inaugurated in Kiphire to enhance local skill development. Additionally, ₹9 lakh was released under SBI’s CSR initiatives to support training programmes. During a Credit Outreach Programme, nine new bank branches were virtually launched across the region, and sanction letters were issued to beneficiaries. Loans totalling ₹28.02 crore were distributed to 350 individuals, demonstrating a significant push toward economic empowerment and improved access to banking services in the state.