Tripura proposes Rs 9,066.5 cr vote on account fund for next 4 months

BNE News Desk

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Agartala: Tripura has proposed Rs 9,066.56 crore as a vote on account to ensure smooth and uninterrupted development works in the state for the next four months till the full-fledged budget for the new financial year is tabled.

Tripura Finance Minister Pranajit Singha Roy said the government is expecting to see 8.95% Gross State Domestic Product (GSDP) growth in the next financial year. It is also expected to raise its tax revenue to Rs. 3,000 crore.

Speaking to the media, Roy said, "The first session of the 13th state Assembly started on March 24 with the tabling of supplementary grants of Rs. 3,065.37 crore to adjust additional expenditure incurred in the last financial year."
The finance minister also highlighted the government's focus on IT and skill development.

“We have placed the vote on accounts to ensure uninterrupted development works in next four months till July. We shall prepare the full-fledged budget by next three months and place before the Assembly,” he said.

The finance minister added that the estimates for the vote on account were prepared by calculating four months’ equivalent of the last budget estimate and by adding Rs 100 crore additional funds to it.

Roy said that apart from the traditional thrust areas like rural development, power, PWD, social welfare and social education etc, the state government has invested and worked heavily on IT and skill development fronts to match Prime Minister Narendra Modi’s focus on digitisation and skill development.

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BNE News Desk