Tripura's Economic Woes: A Call for Special Financial Support
Tripura Finance Minister Pranajit Singha Roy has urged the 16th Finance Commission to address the state's revenue deficit caused by political instability in Bangladesh. The state's economy, heavily reliant on Indo-Bangla relations, is struggling. Additional funds are sought for infrastructure and special grants for tribal and ecological development.
- Country:
- India
Tripura's economy faces significant challenges due to political instability in neighboring Bangladesh, highlighted by Finance Minister Pranajit Singha Roy.
In a recent meeting with the 16th Finance Commission, he emphasized the state's dire revenue deficit and dependency on Indo-Bangla trade relations.
Roy also requested special grants to improve infrastructure, particularly road and rail connectivity, and support for tribal development councils.
(With inputs from agencies.)
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