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Have asked Centre to lift cap on borrowing for big projects: Tripura CM

Business Standard LogoBusiness Standard3d ago

Have asked Centre to lift cap on borrowing for big projects: Tripura CM - Business Standard

Quick Summary:

While speaking at a programme in Udaipur, the chief minister said the state's budget was pegged at Rs 27,800 crore for the current fiscal (2024-25) and only Rs 10,000 crore remain left after meeting non-plan expenditures like salary, pension, loan and interest on loan.

Tripura Chief Minister Manik Saha on Tuesday said the state government has approached the Centre to lift the cap on borrowing as it will take up big projects.

"Of the Rs 10,000 crore, the state needs to provide 25 per cent to Tripura Tribal Areas Autonomous District Council (TTAADCA) and 10 per cent to urban local bodies," he said.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 18:01:19 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26891576

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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