The Tripura Government has sought Rs 1, 07,714.83 crore from the Fifteenth Finance Commission to give a “big boost” to developmental works in the State. The Chief Minister of Tripura, Biplab Kumar Deb, in a detailed memorandum, said that Tripura is still a “growing economy despite various drawbacks like poverty, unemployment, inadequate infrastructure, poor communication and poor industrial growth”.
A report published in the The Assam Tribune quoted Deb as saying that “despite the State Government putting its best foot forward, developmental works still leave a lot to be desired”.
The report further quoted Deb as saying that the State Government is “effectively trying to play the role of a model employer though unemployment figures are alarmingly high in the State”. The CM said that “fund crunch was proving to be a big cog in the wheels of development”. He said that the Centre will have to give more fund assistance for development to get a leg-up in Tripura”.
He further added that calculating all the developmental factors and parameters, the State Government in its memorandum submitted to the Fifteenth Finance Commission for the period 2020-21 to
2024-25 demanded Rs 1,07,714.83 crore.
He also urged the Finance panel to increase the Central funding from 42 per cent to 50 per cent. The Finance Commission Chairman NK Singh assured that Tripura would get all its dues to become a model State.