Mizoram Signs MoU with SBI for Digital Village Revenue Collection | November 2026 Current Affairs

Which Northeastern state became the first in the region and third in India to sign an MoU with the State Bank of India (SBI) for digital Own Source Revenue (OSR) collection by Village Councils through the SAMARTH Panchayat Portal?

Answer: Mizoram.

On 10 November 2026, the Mizoram Government signed a Memorandum of Understanding (MoU) with SBI to enable Village Councils to collect taxes and other revenues through digital payments.

Important Facts:

State: Mizoram

Banking Partner: State Bank of India (SBI)

Portal: SAMARTH Panchayat Portal

Initiative: Digital Own Source Revenue (OSR) Collection

Achievement: First state in Northeast India and third in the country to sign such an agreement with SBI.

Objective: Promote digital governance, transparency and financial self-reliance of Village Councils.

Significance: Better-performing Village Councils may become eligible for performance grants under the 16th Finance Commission.

This important development is relevant for UPSC, SSC, Banking, Railway, State PSC and other competitive examinations.

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