Agartala, March 16 Tripura Finance Minister Pranajit Singha Roy presented a tax-free budget of Rs 34,212.31 crore for the financial year 2026-27 on Monday, emphasizing infrastructure, digital transformation, and rural employment.
The budget reflects a 5.52 per cent growth compared to the previous year's budget estimate of Rs 32,423 crore.
Despite the increase in the overall outlay, the budget anticipates a deficit of Rs 240.72 crore during the year. To promote infrastructure development, the minister proposed a capital expenditure of Rs 8945.92 crore, which is 13.19 per cent more than that of last year's outlay.
Roy said that this year's budget lays a strong foundation for sustainable economic growth, emphasizing infrastructure, digital transformation, rural employment, and connectivity development to achieve "Viksit Tripura" by 2047.
Claiming that the budget is inclusive, Roy said that despite resource constraints in the state, it takes care of all aspects, from infrastructure development to social commitment and skill development.
"I have proposed a capital expenditure of Rs 8945.92 crore, which is 13.19 per cent more than that of last year's outlay, and this will generate additional employment in the state," he said.
Roy said, "Strengthening infrastructure, promoting investment, creating employment, and developing the health and tourism sectors are some of the proactive measures that the government continues for all-round socio-economic development."
The minister said that the government will establish a technical university, a medical university, and a women's university to boost the higher education sector.
"The government is committed to ensuring the welfare of indigenous people living in the state. Out of the total proposed budget of Rs 34,212.31 crore, around Rs 15,000 crore has been earmarked for tribal development," he said.
Roy added that the government has substantially increased the size of the budget, from Rs 15000 crore in 2017-18 FY to Rs 34,212.31 crore in 2026-27, without imposing any new taxes, reflecting the commitment to relief for the common people.
Hailing the budget, Chief Minister Manik Saha said that the government has focused on boosting the economy by spending more on capital expenditure.
"The budget presented by our Finance Minister Pranajit Singha Roy in the Assembly is a balanced one. Apart from other sectors, the budget emphasizes capital expenditure to boost the state's economy," he told reporters.