Agartala: Tripura Finance Minister and Deputy Chief Minister Jishnu Dev Varma on Friday presented a Rs 22,724.50 crore tax-free budget for the fiscal year 2021-22 on the first day of the ongoing Tripura Legislative Assembly session.
In terms of percentage, it has increased by 118.09 per cent as compared to last financial year. The fiscal deficit stands at Rs 773.43 crores.
The government has allocated Rs 15.50 crore for the tourism sector, against Rs 7.14 crore in the previous budget, a hike of 217.09 per cent. The education sector received the highest share in the Budget with allocations of Rs 4,152.62 crore.
The Finance Minister added that no new taxes were introduced. The finance minister announced several projects to accelerate the development of Tripura.
The ambitious schemes and projects include Chief Minister’s Self-Reliance Family Scheme, National Law University, Bio-Village to promote organic farming, preservation and promotion of tribal culture and music, 10 Mobile Planetariums, Pushpabanta Palace to be set up as National Modern Art Gallery.