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Monday, May 20, 2024

Union Budget forward-looking: Tripura finance minister

He lauded the union finance minister's vision for announcing a scheme of Rs 1500 crore for infrastructure development in the Northeast region, keeping all sectors in mind, and added how it is "the need of the hour".

AGARTALA:

Welcoming the 2022-23 Union Budget, Jishnu Dev Verma, deputy chief minister of Tripura and the state’s finance minister, has termed the budget as a “forward-looking, development-based budget”, on February 1.

“The budget is very forward-looking and for the entire country, based on the principles of Macroeconomics where similar allocations are made for the whole country,” he said.

He lauded the union finance minister’s vision for announcing a scheme of Rs 1500 crore for infrastructure development in the Northeast, keeping all sectors in mind, and added how it is “the need of the hour”.

He said, “The union minister also talked about ‘Gati Shakti’, which I feel translates to government initiatives towards logistics to help the Northeast region,” while referring to the construction of 25,000 km of highways to boost and expand Northeast’s highways.

On Goods and Services Tax (GST) collection, he said how the country has recorded Rs 1,40,000,00 crore, with the Gross Domestic Product (GDP) estimated to be between 8 to 8.5 per cent. “The country is on the right path,” Verma stated.

Among other aspects of the Union Budget, he spoke about solar lighting, aspirational blocks and districts, hinting at how Tripura has already declared Dhalai as an aspirational district and four blocks as aspirational blocks.

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