Tripura Receives ₹1,225.04 Crore from Central Tax Revenue to Boost Development

Investments Indian Investments

Posted by NewAdmin on 2025-02-07 08:53:53 |

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The central government has disbursed a total of ₹1,73,030 crore in tax revenue to states, aiming to enhance capital expenditure, infrastructure projects, and welfare initiatives. As part of this allocation, the eight Northeastern states collectively received ₹19,220.79 crore, with Tripura securing ₹1,225.04 crore. This funding is expected to accelerate the state’s economic growth by supporting key development projects in sectors like healthcare, education, infrastructure, and rural development.

Tripura, which has been focusing on industrial growth and connectivity improvements, is likely to utilize the funds to strengthen its road networks, power infrastructure, and public services. The state government has also been emphasizing skill development programs and entrepreneurship initiatives, which could receive a boost from this financial support.

Additionally, with Tripura emerging as a key trade gateway to Southeast Asia through the India-Bangladesh trade corridor, the infusion of central funds could further accelerate investments in border trade infrastructure. Experts believe that the funds will help the state bridge development gaps, particularly in rural and tribal areas, ensuring inclusive economic progress.

With the central government’s focus on regional development, this tax revenue allocation marks a significant step in strengthening Tripura’s economic resilience. As the state continues to attract investments and expand its industrial base, the additional funds will likely play a crucial role in long-term growth and job creation, making Tripura a key player in the Northeast’s economic landscape.

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