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Tripura govt aims to increase GSDP, per capita income

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AGARTALA, March 1 - The BJP-IPFT government in Tripura has set a target to increase Gross State Domestic Product (GSDP), a yardstick to measure the State�s overall development, from Rs 63,466 crore to Rs 95,463 crore by 2022-23, said State Education Minister Ratan Lal Nath.

Likewise, per capita income, which is now at Rs 1.58 lakh would be increased to Rs 2.26 lakh by 2022-23 as the government is working hard to ensure all-round development in the State, he told reporters at the Civil Secretariat here today.

Nath said the GSDP was at Rs 44,161 crore and per capital income was Rs 1.05 lakh in 2017-18 when the Left Front suffered a crushing defeat in the Assembly elections.

�The new government has taken several steps to improve the State�s economy by mobilising available resources. And, the efforts paid off so far,� he said.

According to Nath, Tripura�s was ranked 26th in terms of per capital income in 2017-18, but now the State�s position is 16th among the 33 States. �It shows, the State is developing during the BJP-IPFT rule,� he claimed.

In the last 23 months, tax collection has also increased in the State. The total tax collection has gone up from Rs 1,915 crore in 2017-18 to Rs 2,338 crore in the current fiscal (2019-20), which was a net increase of 21.82 per cent.

�It doesn�t mean that the government is putting additional tax burden on the people. The government has stepped up efforts to improve tax collection, which was not done during the previous Marxist regime,� he alleged.

Besides, the government is also focusing on austerity measures.

Nath further said the Left Front had left a huge debt burden of Rs 12,902 crore and the present dispensation is now repaying the loan along with interest.

�The pace of development would have been far better had there not been any debt burden on the new government. Despite all odds, the new government is doing an excellent job for the welfare of people,� he added.

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Tripura govt aims to increase GSDP, per capita income

AGARTALA, March 1 - The BJP-IPFT government in Tripura has set a target to increase Gross State Domestic Product (GSDP), a yardstick to measure the State�s overall development, from Rs 63,466 crore to Rs 95,463 crore by 2022-23, said State Education Minister Ratan Lal Nath.

Likewise, per capita income, which is now at Rs 1.58 lakh would be increased to Rs 2.26 lakh by 2022-23 as the government is working hard to ensure all-round development in the State, he told reporters at the Civil Secretariat here today.

Nath said the GSDP was at Rs 44,161 crore and per capital income was Rs 1.05 lakh in 2017-18 when the Left Front suffered a crushing defeat in the Assembly elections.

�The new government has taken several steps to improve the State�s economy by mobilising available resources. And, the efforts paid off so far,� he said.

According to Nath, Tripura�s was ranked 26th in terms of per capital income in 2017-18, but now the State�s position is 16th among the 33 States. �It shows, the State is developing during the BJP-IPFT rule,� he claimed.

In the last 23 months, tax collection has also increased in the State. The total tax collection has gone up from Rs 1,915 crore in 2017-18 to Rs 2,338 crore in the current fiscal (2019-20), which was a net increase of 21.82 per cent.

�It doesn�t mean that the government is putting additional tax burden on the people. The government has stepped up efforts to improve tax collection, which was not done during the previous Marxist regime,� he alleged.

Besides, the government is also focusing on austerity measures.

Nath further said the Left Front had left a huge debt burden of Rs 12,902 crore and the present dispensation is now repaying the loan along with interest.

�The pace of development would have been far better had there not been any debt burden on the new government. Despite all odds, the new government is doing an excellent job for the welfare of people,� he added.

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