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Tripura Government unveils tax-free ₹27.8K crore budget for 2024-25

  • Tripura government presents tax-free budget of ₹27,804.67 crores for 2024-25, focusing on education and infrastructure
  • Emphasis on education, skill development, and infrastructural development to propel state towards prosperity
  • Budget allocations made for various sectors including agriculture, healthcare, tribal welfare, and international trade initiatives

01 Mar 2024

The Tripura government has introduced a tax-free budget amounting to ₹27,804.67 crores for the financial year 2024-25, with a deficit of ₹410.69 crores, emphasizing priorities such as education, skill development, and infrastructure. Finance Minister Pranajit Singha Roy announced the budget allocation, highlighting key areas of expenditure during the presentation at the Assembly in Agartala.

The budget allocates 27.94 percent for salaries and wages, 21.82 percent for capital expenditure, and 11.55 percent for pensions and other retirement benefits, with the remaining percentage designated for developmental activities. Singha Roy emphasized the government's commitment to education, skill development, and infrastructure, aiming to propel the state towards prosperity and sustained growth. The budget also includes provisions for various sections of society, including women, students, youths, transgenders, and minority communities. Additionally, significant allocations have been made for agriculture, healthcare, tribal welfare, and international trade initiatives,

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