HomeBusinessMarketTrade between Tripura, Bangladesh rise to 94.04% in 5 years: Minister

Trade between Tripura, Bangladesh rise to 94.04% in 5 years: Minister

Agartala, March 1 (IANS) Trade between bordering Tripura and Bangladesh increased to a whooping over 94.04 per cent in five years, Tripura Finance Minister Pranajit Singha Roy said on Friday.

Presenting the state budget for 2024-25 on the first day of the 3-day budget session of the Tripura assembly, the Finance Minister said that the volume of trade between Tripura and Bangladesh has increased substantially from Rs 390.68 crore in 2017-18 to Rs 758.09 crore in 2022-23.

The value of exports from Tripura to Bangladesh has gone up to Rs 121.37 crore in 2023-24.

Singha Roy told the house that the Tripura State Electricity Corporation has been implementing three major power projects under Asian Development Bank (ADB) funding, World Bank funding and funding from the Central government.

He said that two externally aided projects — Japan International Cooperation Agency (JICA) and Indo-German Development Cooperation (IGDC) — are being implemented in the forest and livelihood sectors and one new project named Enhancing Landscape and Ecosystem Management Project (ELEMENT) funded by World Bank will be launched soon with project cost of Rs 1764.94 crore.

The Minister told the house that since 2018-19, at least 2,46,339 farmers have benefited from ‘Pradhan Mantri Kisan Samman Nidhi Yojana’ in the state.

An amount of Rs 640.40 crore has been deposited in the bank accounts of 2,46,339 beneficiary farmers.

He said that over 12.46 lakh farmers’ crop of the state has been covered under the ‘Pradhan Mantri Fasal Bima Yojana’ and 3,29,860 Kisan Credit Cards have been distributed among the farmers of the state with the farmers so far have received total loan of Rs 1649 crore under Kisan Credit Card.

He said that under the ‘Chief Minister’s Rubber Mission’, 600 hectares of rubber plantation has been done during 2023-24 and 916 tribal families have been benefited under various income generating activities.

The ‘Third International buyer-seller meet’ for Agar tree products was held at Agartala in October last year Agarwood growers’ conclave was held at Dharmanagar, the Minister told the members.

He said that the Union Ministry of Environment, Forest and Climate Change has given clearance for first time for export of Agar oil to Dubai from Tripura.

In the last 5 years, 47,600 women Self Help Groups (SHGs) have been formed under Tripura Rural Livelihood Mission in the state with 4.66 lakhs rural women are associated with 51,254 SHGs in the state.

Till January this year, 83,000 women associated with various SHGs in the state have become ‘Lakhpati Didis’ and the state government has set a target for making 1.14 lakh more women in different SHGs to improve their annual income more than Rs one lakh.

The target will be achieved within 2025-26, Singha Roy stated.

He said that during 2024-25, the state government would provide a total amount of Rs 698.68 crore to the Tripura Tribal Areas Autonomous District Council (TTAADC).

–IANS

sc/dan

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

RELATED ARTICLES
- Advertisment -

Latest News