<span style="color: #222222;">In Tripura, Deputy Chief Minister Jishnu Dev Varma who also holds the finance portfolio today presented a tax-free budget for 2022-23 with the total allocation of Rs. 26,893 crore. The budget deficit is projected at Rs 569.52 crore. The budget has laid more focus on education and health sectors.<br />'' <br />'' Budgetary allocation for the education sector has been proposed at Rs. 5,026 crore, with an increase of 20.66% over 2021-22. For the health sector, allocation has been fixed at Rs. 1,777 crore, an increase by 23% over the budget estimate of the current fiscal. &nbsp;<br />'' <br />'' Amid noisy scenes and walk-out by the opposition members, the budget session began today with the address by the Governor Satyadeo Narain Arya. After a short while of the Governor's address, Deputy Chief Minister Jishnu Dev Varma presented the budget proposal for the next fiscal.<br />'' <br />'' In his budget speech, the Finance Minister announced the Suvarna Jayanti Tripura Nirman Yojana for infrastructure and development projects with an outlay of Rs. 1000 crore. This yojana is a mark to celebrate 50 years of statehood this year. He announced that the state government will set up Satyajit Ray Film &amp; Television Institute in the state at a cost of Rs. 5.76 crore.<br />'' <br />'' Finance Minister Shri Dev Varma remarked that the state government has taken multi-pronged strategies to minimize adverse impacts of Covid19 challenges. As a result, the GSDP is estimated to grow at 12.16% in 2021-22, with a projection to grow at 13.28% in the next fiscal.<br />'' <br />'' Shri Dev Varma said that the budget has focused on to build infrastructure and make investments in welfare programs to boost economic growth, to usher in an era of all-round development and prosperity of the state.<br />'' <br />'' The budget has proposed an allocation of Rs. 100 crore for a new scheme, Tripura Industrial Investment Promotion scheme. For new schemes of Tripura Government health scheme and Tripura Startup Fund, allocations of Rs. 20 crore and Rs. 15 crore respectively have been allocated.&nbsp; The monthly social pension has also been proposed to increase from Rs. 1000 to Rs. 2000 with an allocation of Rs. 645 crore. For the Mahila Shashaktikaran Abhiyan, Rs. 50 crore has been allocated.<br />'' <br />''<br />''For the benefit of the tea garden workers' families to access proper education and health care facilities, Rs. 50 crore has been earmarked in the budget estimate. It has also announced that the retirement age of Tripura State Rifles personnel will be increased to 60 years and ration money to be increased to Rs. 1000 from Rs. 800.</span><br />
News On AIR | March 17, 2022 9:05 PM
Tripura govt presents Rs 26,893 cr tax-free budget