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Tripura Budget prioritizes growth, welfare & fiscal responsibility: CM

National Spectrum by National Spectrum
1 year ago
in Political, Regional
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Tripura Budget prioritizes growth, welfare & fiscal responsibility: CM
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Agartala: Mar 28: In a speech on March 28, 2025, Tripura Chief Minister Prof. Dr. Manik Saha expressed strong support for the state’s budget for the financial year 2025-26, calling it a people-oriented budget aimed at benefiting all sections of society. He emphasized that the budget aligns with Prime Minister Narendra Modi’s vision of building a Viksit Bharat (Developed India) and will play a key role in Tripura’s development.

Dr. Saha highlighted that the budget prioritizes the welfare of diverse groups, including women, students, youth, minorities, tribals, Scheduled Castes, OBCs, employees, pensioners, ex-servicemen, and the general public. He acknowledged the Finance Department’s efforts in crafting this inclusive budget and pointed out that India, under PM Modi’s leadership, has moved from 11th to 5th in global economic rankings, aiming to become the third-largest economy by 2030.

He underscored the state’s progress in economic stability, noting a significant rise in revenue collection—from Rs. 1,915 crore in 2017-18 to an anticipated Rs. 4,514 crore in 2025-26. Dr. Saha assured that the state government is committed to fiscal responsibility, keeping the debt within the permissible limit of 3% of GSDP, and focusing on external aided projects to minimize debt.

Dr. Saha also emphasized the government’s focus on tribal development, health services, and overall infrastructure, with a notable increase in the budget allocation—from Rs. 15,956 crore in 2017-18 to Rs. 32,423 crore in 2025-26, marking a 103% increase. He concluded by expressing full support for the budget and opposing retrenchment proposals brought by the opposition, calling for unanimous adoption in the assembly.

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