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Tripura's Fiscal Health Stable Despite Funding Cuts, Says Finance Minister
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News18•23-09-2026, 17:15
Tripura's Fiscal Health Stable Despite Funding Cuts, Says Finance Minister
- •Tripura Finance Minister Pranajit Singha Roy asserts the state's financial condition remains stable, with its annual budget significantly expanding over the years.
- •The state's annual budget has grown from below Rs 15,000 crore in 2017-18 to Rs 34,000 crore, with capital expenditure on infrastructure also seeing a major boost.
- •Despite a Rs 4,000 crore curtailment in gap funding, the Centre allocated Rs 3,450 crore under the new 'Pride of Hills' scheme, with the state exploring other avenues to manage the situation.
- •The state's debt burden has increased due to a preference for long-term loans on favorable terms to accelerate development activities.
- •A pay commission for government employees and pensioners is under active consideration, and a festival grant of Rs 2,400 each has been announced for 1.48 lakh Group C, Group D, and contractual employees, and 85,916 pensioners for Durga Puja.
Key Questions Answered
Tripura Finance Minister Pranajit Singha Roy asserted that the state's financial condition remains stable, citing an expanding annual budget that grew from under Rs 15,000 crore in 2017-18 to over Rs 34,000 crore in the 2026-27 fiscal year.
The Tripura government announced a festival grant of Rs 2,400 each for Group C, Group D, and other contractual employees, along with pensioners, ahead of Durga Puja.
The formation of a pay commission to revise the pay structure for government employees and pensioners is under active consideration and is likely to be constituted after Durga Puja.
