logo
Tripura CM urges Centre to increase upper loan cap in externally aided projects

Tripura CM urges Centre to increase upper loan cap in externally aided projects

News184 days ago
Agartala, Jul 25 (PTI) Tripura Chief Minister Manik Saha on Friday said the state has urged the Centre to increase the upper cap of loans under externally aided development projects.
According to existing guidelines, the northeastern state can take a maximum loan amounting to Rs 4,000 crore under externally aided projects in a financial year.
While speaking at a government programme in Kashba in Sepahijala district, the chief minister said that with the state spending a huge amount of money on infrastructure building, the upper limit of loans under externally aided schemes often falls short for undertaking new projects.
'At present, we are allowed to receive loans amounting to Rs 4,000 crore under externally aided projects in a financial year, which is not sufficient for the state. I have already written to the Centre to increase the upper cap of receiving loans to speed up development," he said.
Asserting that tourism can boost the state's socio-economic condition, the chief minister said the government has increased the annual budget substantially to develop infrastructure as much as possible.
'The state's budget has increased from Rs 27,000 crore in 2024-25 FY to Rs 32,000 crore during the fiscal 2025-26, and Rs 7,000 crore has been earmarked for capital expenditure. If we spend more on infrastructure, the GSDP will increase," he said.
'Despite being a small state, Sikkim, with a population of 7 lakh, has the highest gross state domestic product (GSDP) among the eight northeastern states, banking on tourism. If we develop tourism-related infrastructures, Tripura can surpass Sikkim," he said.
Currently, Tripura has the second-highest GSDP.Saha said the Tourism department has taken several initiatives to promote the state's spiritual and eco tourism globally.
'Tata Group is set to convert the iconic Ujjayanta Palace in Agartala into a five-star hotel. Once the project is completed, tourists from foreign nations will visit the northeastern state to see temples, iconic structures and eco tourism sites," he said.
Taking a dig at the erstwhile government, the chief minister said the previous dispensation did not try to develop the royal family's historic buildings.
'We have begun to restore and develop the royal structures, including the Ujjayanta Palace, to present their creations before the world," he said. PTI PS SBN SBN
view comments
First Published:
July 25, 2025, 16:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PM Modi lauds Shah's ‘remarkable' speech in Lok Sabha
PM Modi lauds Shah's ‘remarkable' speech in Lok Sabha

The Print

time15 minutes ago

  • The Print

PM Modi lauds Shah's ‘remarkable' speech in Lok Sabha

New Delhi, Jul 29 (PTI) Prime Minister Narendra Modi on Tuesday lauded Home Minister Amit Shah's speech on Operation Sindoor in the Lok Sabha, and said his address focuses on the government's efforts towards keeping the country secure. Modi said on X, 'In this remarkable speech in the Lok Sabha, Home Minister Amit Shah Ji gives important details about Operation Sindoor and Operation Mahadev, which have played a vital role in eliminating cowardly terrorists. His address also focuses on our Government's efforts towards keeping our nation secure.' Three of the terrorists who carried out the Pahalgam massacre have been eliminated by security forces in a joint operation by the Army, CRPF and Jammu and Kashmir Police near Srinagar, Shah announced in the Lok Sabha.

Committed to protecting Arunachal's rich wildlife: Khandu
Committed to protecting Arunachal's rich wildlife: Khandu

The Print

time15 minutes ago

  • The Print

Committed to protecting Arunachal's rich wildlife: Khandu

'Tigers are not just apex predators, they are vital indicators of a healthy ecosystem and proud emblems of our national heritage. On #InternationalTigerDay, we reaffirm our commitment to safeguarding them and their habitats,' Khandu said in a post on X. He highlighted the crucial role of tigers in maintaining ecological balance. Itanagar, July 29 (PTI) Arunachal Pradesh Chief Minister Pema Khandu on Tuesday said his government was committed to protecting the state's rich wildlife, especially tigers and their natural habitat. 'Let's unite in action and awareness to protect them, so future generations may continue to marvel at their grace in the wild,' he added. Arunachal Pradesh, with its vast forest cover and ecological wealth, is home to two key tiger reserves, Namdapha in Changlang district and Pakke in Pakke Kessang, where significant conservation efforts are underway. These protected areas not only serve as critical tiger habitats but also support rich biodiversity, making them essential to India's natural heritage. PTI UPL UPL SOM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Three terrorists who carried out Pahalgam attack killed: Rajnath Singh in RS
Three terrorists who carried out Pahalgam attack killed: Rajnath Singh in RS

The Print

time15 minutes ago

  • The Print

Three terrorists who carried out Pahalgam attack killed: Rajnath Singh in RS

'I congratulate the forces for killing three terrorists who carried out Pahalgam terror attack in April. These are the terrorists who killed people in Pahalgam,' the Defence Minister said. Initiating a debate on Operation Sindoor in the Rajya Sabha, Singh congratulated the forces for killing three terrorists who were involved in the attack in which 26 people were killed. New Delhi, Jul 29 (PTI) Three terrorists involved in the Pahalgam attack have been killed by Indian forces, Defence Minister Rajnath Singh informed Parliament on Tuesday. He said Home Minister Amit Shah has provided details of the joint operation by the forces in the Lok Sabha. Singh said post the Pahalgam attack, Prime Minister Narendra Modi held a meeting with the service chiefs, and gave them freehand to use their wisdom, strategic understanding and regional security situation to decide on the response. He said the military leadership also showed maturity, and stressed that India's response – Operation Sindoor – was aimed at giving a clear message that India will take strong action and go to any extent against terror. 'Our action was in self defence, it was not expansionist…The aim was to destroy terror infrastructure and give the message of zero tolerance for terror,' Singh said. 'The politic-military objective was to punish Pakistan for using terrorism as a proxy war,' he added. Singh said Pakistan's Director General of Military Operations (DGMO) urged India to stop the hostilities, and India accepted it on the condition that the operation would be suspended, not ended. 'If Pakistan commits any terror incidents in future, we will relaunch Operation Sindoor without hesitation,' he said. Earlier, as the Upper House reassembled at 2 pm, after it was adjourned around 11 am, Deputy Chairman Harivansh said the discussion on Operation Sindoor would be taken up, and urged the members to be mindful of the sensitive nature of the issue. Trinamool Congress leader Derek O'Brien tried to raise a point of order. Harivansh however did not allow it stating that it was not related to the topic of discussion. TMC MPs raised slogans against the SIR, and some MPs also trooped into the Well. As the Chair did not allow the Opposition MPs to speak, MPs from TMC and some other INDIA bloc parties staged a walkout from the House. PTI AO MJH NKD SKC ANU This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store