The 3-day Budget session of the Tripura Legislative Assembly began from Friday just ahead of the ensuing Lok Sabha elections with the state finance minister Pranajit Singha Roy tabling a budget of Rs 27,804.67 crore outlays with a deficit of Rs 410.69 crore for the 2024-25 Financial Year.
“The total budget allocation in the 2024-25 financial year is Rs. 27,894.67 crores. The capital expenditure is predicted at Rs 6,633.80 crore with an increase of 24.26 percent over the revised estimate of 2023-24. The budget proposal has a deficit of Rs 410.69 crore,” he said.
Tabling the budget here in the state legislative assembly house on Friday the minister laid emphasis on education, skill development and infrastructural development.
He said, “As part of the development for our people’s full potential to propel the state towards the direction of prosperity and sustained growth, the government recognized three thrust areas- education, skill development and infrastructural development.”
“The state is under debt of Rs. 21,687.07 crores which was Rs. 12,902.73 crores in 2017-18, the last year of the erstwhile Left Front government’s rule,” he said, adding that his government would tackle the deficit from its tax collection system.
Meanwhile, Chief Minister Dr Manik Saha hailed the budget and termed it as ‘inclusive’ and said, “This budget aimed at building ‘Ek-Tripura, Srestha Tripura, Unnata-Tripura’. It highlights the State Government's commitment for overall development of all sections of people.”
“The proposed budget contemplates the welfare of people from all sections of the society including women, students, youth, and other sections including minorities, employees, pensioners,” he said, adding that the budget has been prepared with importance to every sector of the state.
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