Tripura Governor Highlights Investment Push and Connectivity Plans

Tripura Governor Highlights Investment Push and Connectivity Plans.webp

Agartala, March 13 Tripura Governor N. Indrasena Reddy emphasized the need to transform challenges into opportunities to foster inclusive growth in key sectors such as agriculture, industry, and information technology.

Addressing the first day of the Assembly's budget session, the governor said the vision of a resurgent Tripura was reflected in initiatives such as the development of satellite townships, promoting spiritual tourism at the Tripureswari Temple, and an economic conclave aimed at attracting global investment.

"The government hosted the 'Destination Tripura' business conclave in 2025, attracting over 120 investors who signed 87 MoUs worth approximately Rs 3,800 crore across education, tourism, healthcare, and IT sectors," he said.

Reddy also said the state government organized the first-ever "Prabashi Tripurabashi Summit" virtually, engaging over 60 NRIs to generate ideas on infrastructure, investment, and innovation.

"With unwavering resolve, we will transform challenges into opportunities, fostering inclusive growth in agriculture, industries, and digital empowerment, ensuring that the state becomes a shining beacon of development," he said.

Highlighting improvements in connectivity, the governor said that railway track electrification had been completed up to Sabroom, marking a significant milestone in rail infrastructure.

He also said that a comprehensive plan had been prepared to four-lane the National Highway 8 stretch from Mungiakami in Khowai district to Agartala to boost road connectivity.

The governor also mentioned the government's plan to establish homeopathic and ayurvedic medical colleges and set up three universities, including a medical and technical university.

"Tripura has secured the top rank based on parameters set by NITI Aayog and the Department for Promotion of Industry and Internal Trade for strategic reforms aimed at improving ease of doing business," he said.

Lauding the state's tax performance, Reddy said that Tripura recorded robust collections in 2025–26 until October 2025, with GST revenue at Rs 994.23 crore, VAT at Rs 281.40 crore, excise duty at Rs 271.48 crore, and professional tax at Rs 26.85 crore.

"This reflects strong economic activity and compliance," he said, adding that the state has established the Institute of Tax Administration and Research, Tripura, for tax research and training related to GST and other levies.

Reacting to the governor's speech, senior Congress MLA Sudip Roy Barman expressed shock over Reddy's silence on the Tripura Tribal Areas Autonomous District Council (TTAADC).

"The council comprises around 70 per cent of the state's total geographical area, but there was no mention of it in his marathon speech," he said.
 
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agartala agriculture assembly budget session economic conclave gst revenue industry information technology investment medical colleges mous n. indrasena reddy national highway 8 railway electrification tax administration tripura universities
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