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Home Tripura News

Tripura Finance Minister tables ₹32,423 Crore State Budget with 13 New Schemes

State Budget 2025-26: Government Boosts Infrastructure, Welfare & Agriculture

IANS by IANS
March 21, 2025
in Tripura News
Tripura-Finance-Minister-tables-₹32423-Crore-State-Budget-with-13-New-Schemes

Tripura Finance Minister tables ₹32,423 Crore State Budget in Assembly on Mar 21, 2025

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Tripura Finance Minister Pranajit Singha Roy, while presenting the annual Budget for the 2025-26 fiscal year on the first day of the Budget session of the state Assembly on Friday, announced 13 new schemes for the welfare of farmers, girls, women, youth, and the poor.

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Tripura Finance Minister Highlights Holistic Development

Roy presented a ₹32,423.44 crore Budget for FY 2025-26, focusing on inclusive development, women empowerment, strengthening of roads, education, and health infrastructure, besides addressing various social welfare issues. Roy did not propose to impose any new taxes.

The second Budget of the BJP-led government’s second term shows a deficit of ₹429.56 crore, and the budget for the year 2025-26 sees an increase of 16.61 per cent.

Schemes for Girls, Women and Agriculture

The finance minister announced a new scheme, ‘Mukhyamantri Kanya Bibaha Yojana’. Under this scheme, the state government would cover the cost of marriage for a girl child from an ‘Antyodaya’ (poor) family, and an amount of ₹50,000 would be spent by the state government.

“Mass marriage would be conducted at the Subdivision level. An amount of ₹10 crore is allocated for this purpose.”

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He also announced another scheme, ‘Mukhyamantri Balika Samriddhi Yojana’, under which an investment of ₹50,000 would be made against a newborn girl child of an ‘Antyodaya’ (poor) family. The amount can be encashed at maturity after the girl attains 18 years of age.

A budget provision of ₹15 crore is allocated for this scheme for the year 2025-26.

In his Budget speech, Roy proposed to launch ‘Mukhyamantri Sashya Shyamala Yojana’ during 2025-26 to promote high-yielding varieties of crops.

A budget provision of ₹5 crore is allocated initially for the scheme for the year 2025-26.

Affordable Night Shelter and Subsidized Food

“To make sure that people from other parts of the state who get stuck due to various reasons get accommodation at night in Agartala city and also get subsidized food at night,” the finance minister said, proposing the establishment of ‘Bharat Mata Canteen cum Night Shelter’ in Agartala.

A budget provision of ₹2 crore is allocated for the project.

Tripura-Finance-Minister-tables-₹32423-Crore-State-Budget-with-13-New-Schemes
Tripura Finance Minister tables ₹32,423 Crore State Budget in Assembly on Mar 21, 2025

Support for Mentally Challenged Persons

Roy announced that the government would launch the ‘Chief Minister’s Scheme for Mentally Challenged Persons’, under which mentally challenged individuals would receive a monthly pension of ₹5,000.

Those who are already receiving ₹2,000 per month as a disability pension will get an additional ₹3,000 per month.

An amount of ₹40 crore has been allocated for this scheme.

The finance minister stated that during 2025-26, at least 20,745 hectares of rubber plantation would be taken up under the ‘Chief Minister’s Rubber Mission’.

Additionally, at least 10 rubber processing units would be constructed.

| Also Read: Tripura announce 3 percent hike in DA for State Employees and pensioners |

Measures for Enhancing Tax Collection

Roy said that the state government has taken up different initiatives for improving tax revenue collection.

These include: Opening of GST Gyan Kendra, Use of analytical tools for identifying fraud and Deployment of the Tax Intelligence Unit among others.

Tags: Tripura

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