Tripura Finance Minister presents Budget for 2021-22 financial year

AGARTALA:

Tripura Finance Minister Jishnu Debbarma, on Friday, presented the budget for the 2021-22 financial year in the state assembly.

The total budget allocation for the financial year 2021-22 stood at ₹ 22,724.50 crore, an increase of 118.09 per cent from the 2010-11 financial year.

During the budget presentation, Debbarma stressed on increased outlay in sectors like tourism, information technology, agriculture and allied sector, health and education.

The budget deficit for the year 2021-22 stood at ₹ 773.43 crore rupees.

Debbarma further said that the state is trying to continue its developmental activities despite financial constraints.

“The deficit budget will be met up by better tax compliance and by austerity measures,” Debbarma said.

Announcing a wide range of new schemes, the Finance Minister also proposed new taxation during the budget session.

The new schemes announced by the Minister include Chief Minister’s Model Village scheme, Chief Minister’s Swanirbhar Paribar Yojna, the establishment of School of Excellence, Construction of new Tripura Bhawan at Mumbai, construction of single office building for all departments, the establishment of a new police headquarters building, two thousand per month honorarium to the chiefs of the indigenous tribal communities of Tripura.

The FM also proposed the establishment of a National Law University at Agartala.

During the Budget speech, Debbarma said Bio-Villages will be set up in the state under which 15 thousand hectares will be brought under organic farming.

A National Modern Art Gallery will also be established at Pushpabanta Place with the support of the Ministry of Culture, Government of India, Debbarma said.

(Edited by Shankar Kumar Turha)

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