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Rs 9066.56 crore approved under Votes on Account for first 4 months of 2023-24 FY: Pranajit

Date:

BY TC News Desk

Agartala, March 27, 2023: Finance minister Pranajit Singha Roy on Monday said that the total amount of supplementary grant for the financial year 2022-23 is Rs 3065.37 crores and the votes on account for the first four months of the financial year 2023-24 is Rs 9066.56 crores.

Addressing a press conference at the premises of the State Legislative Assembly on Monday afternoon, Singha Roy said “India’s GDP growth rate is 7% in FY 2022-23 while Tripura’s GSDP growth rate is 8.80% in FY 2022-23 which is higher than the national growth rate. Tripura’s GSDP is projected to grow by 8.95% in FY 2023-24. The state’s own tax revenue growth rate is 14.67% in FY 2022-23 and state’s tax revenue is expected to be around Rs 3000 crore in FY 2022-23.”

The Revised Expenditure (RE) increase of the departments in FY 2022-23 depicts 911 percent increase in Skill Development department from Budget Estimate (BE) of Rs 1.22 crore to RE of Rs 12.34 crore, Election department from BE of 45.02 crore to RE of 97.32 crore, Power department from BE of Rs 214.88 crore to RE of Rs 377.52 crore, Transport department from BE of Rs 38.83 crore to 55.88 crore, etc.

The capital expenditure in Road Sector was Rs 443 crore in the financial year 2021-22. Capital expenditure on Road Sector is estimated to be Rs 647 crore in FY 2022-23 which will be 46% more than the 2021-22 financial year. A total of 169 projects totaling Rs 596 crore have been sanctioned under Suvarna Jayanti Tripura Nirman Yojana and similarly 115 projects totaling Rs 699 crore have been sanctioned under Special Assistance Capital in the current financial year (FY 2022-23), he added.

Finance minister said “The state government has fulfilled most of the commitments announced in the Vision Documents. Some of the instances are- Social allowance has been increased from Rs.700 to Rs.2000 per person, Pay Commission given as per Central Pay Scale and moreover, the state government has so far provided 20% DA, and wages of Anganwadi, Asha, mid-day meal, DRW and PTW, etc workers have been increased.”

He also added that the central government has sanctioned 7 Externally Aided Projects worth Rs 8174 crore and 7 more projects are in the pipeline worth Rs 3025 crore to increase investment in capital and socio-economic sectors. Moreover, the state government has introduced Online Salary Billing System. No paper bill is submitted for salary of government employees.

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