The Gross State Domestic Product (GSDP) of Tripura is higher than national growth rate and is expected to grow at 8.95% in Financial Year 2023-24, said Finance Minister Pranajit Singha Roy.
Speaking in a press conference this afternoon, Minister Singha Roy said, “India's GDP is growing at 7% in FY 2022-23 whereas GSDP of Tripura State is growing at 8.80% in FY 2022-23 which is higher than national growth rate. Tripura's GSDP is expected to grow at 8.95% in FY 2023-24”.
He further said that the total amount of Supplementary Grant is Rs. 3065.37 Crore for FY 2022-23 while Votes-on-Account is taken for an amount of Rs. 9066.56 Cr for 1st four months of Financial Year 2023-24.
“State's Own Tax Revenue is expected to grow at 14.67% in FY 2022- 23. It is expected to get an amount of Rs. 3000 Cr in FY 2022-23”, the minister told reporters.
Singha Roy said that under Suvarna Jayanti Tripura Nirman Yojana 169 projects worth of Rs. 596 Crore were sanctioned and similarly under Special Assistance Capital, 115 projects worth of Rs. 699 Cr were sanctioned during current year (FY 2022-23). All projects are in different stages of implementation.
The minister further informed that the state government has fulfilled most of the commitments mentioned in Vision document and said that for increase of investment in Capital and Socioeconomic Sector, 7 (seven) Externally Aided Projects have been cleared by GOI (Rs. 8174 Cr) and those are at stages of implementation and 7 (seven) more are in the pipeline (Rs.3025 Cr).
The state government also introduced online salary billing system. No paper bill is submitted for salary of State Government Employees.
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