Tripura tables Rs 34,212 crore budget for 2026–27, no new taxes proposed

The Tripura government on Monday presented a deficit budget of ₹34,212.31 crore for the financial year 2026–27 in the state Assembly, with Finance Minister Pranajit Singha Roy announcing that no new taxes would be imposed on the people.While presenting the budget, Singha Roy said the total outlay for the coming financial year stands at ₹34,212.31 crore, with an estimated deficit of ₹240 crore. The budget marks an increase of about 5.52 per cent compared to the previous financial year.The minister said the budget has been prepared keeping in mind the needs of all major sectors of the state’s economy. According to him, the government has tried to maintain a balance between development spending and financial discipline.Speaking after presenting the budget, Singha Roy said the state government has aligned its economic planning with the development vision of the central government.

He referred to the Union budget presented earlier by Union Finance Minister Nirmala Sitharaman and said Tripura’s budget also follows a similar development approach under the vision of “Viksit Tripura”. A major focus of the budget is on capital expenditure, which has been set at ₹8,945.92 crore. This represents an increase of about 13.19 per cent compared to the previous year. The minister said the higher capital spending is aimed at strengthening infrastructure and supporting long-term economic growth in the state.Several key sectors have received higher allocations in the new budget. The health sector has been allocated ₹2,441.50 crore, marking a rise of 25.29 per cent from the previous year. Rural development has received ₹4,094 crore, reflecting an increase of 17.50 per cent. Agriculture has been allotted ₹1,985.61 crore, showing a 5.31 per cent increase, while the education sector has been allocated ₹6,439.56 crore, which is about 4.43 per cent higher than last year.

The minister also announced increased funding for the Tripura Tribal Areas Autonomous District Council (TTAADC). The council has been allocated ₹918 crore in the new budget, compared to ₹860.28 crore in the previous financial year.Singha Roy emphasised that the government has avoided placing any additional tax burden on the people of the state. He said the government is relying on central assistance and ongoing economic reforms to support the state’s financial growth.“Every year the size of the budget increases. This year also we have not imposed any new taxes on the public,” the minister said.