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  • Tripura Budget Analysis 2025-26

The Finance Minister of Tripura, Mr. Pranajit Singha Roy, presented the Budget for the state for the financial year 2025-26 on March 21, 2025.

Budget Highlights

  • The Gross State Domestic Product (GSDP) of Tripura for 2025-26 (at current prices) is projected to be Rs 1,00,795 crore, amounting to growth of 10% over the revised estimates of 2024-25 (Rs 91,224).

  • Expenditure (excluding debt repayment) in 2025-26 is estimated to be Rs 31,412 crore, an increase of 6% from the revised estimates of 2024-25 (Rs 29,751 crore).   In addition, debt of Rs 1,012 crore will be repaid by the state.

  • Receipts (excluding borrowings) for 2025-26 are estimated to be Rs 26,450 crore, an increase of 8% over the revised estimates of 2024-25 (Rs 24,525 crore).  

  • Revenue surplus in 2025-26 is estimated to be Rs 1,896 crore (1.9% of GSDP), 3% lower than the revenue surplus of Rs 1,945 crore (2.1% of GSDP) as per the revised estimates of 2024-25.  

  • Fiscal deficit for 2025-26 is targeted at Rs 4,962 crore (4.9% of GSDP).   In 2024-25, as per the revised estimates, fiscal deficit is expected to be at Rs 5,226  crore (5.7% of GSDP), 23% higher than the budget estimates for 2024-25 (Rs 4,255 crore).

Policy Highlights

  • Financial assistance for persons with intellectual disabilities:  Under the Chief Minister’s Scheme for Mentally Challenged Persons, beneficiaries will be given monthly pension of Rs 5,000.  Beneficiaries already receiving Rs 3,000 per month as disability pension will receive an additional Rs 3,000 per month.

  • Mukhyamantri Balika Samriddhi Yojana:  Under this scheme, an investment of Rs 50,000 will be made for each newborn girl child from an Antodyaya family.  The amount can be encashed along with its maturity value when the girl attains 18 years of age.  Rs 15 crore has been allocated for the scheme in 2025-26.

  • Flyover projects:  Multiple flyover projects will be initiated in Agartala and Udaipur at an estimated cost of Rs 492 crore and Rs 355 crore.

Tripura’s Economy

  • GSDP:     In 2023-24, Tripura’s GSDP (at constant prices) grew at 8.6%, compared to 8.2% in 2022-23.  In comparison, India’s GDP is estimated to grow at 9.2% in 2023-24. 

  • Sectors:  In 2023-24, agriculture, manufacturing, and services sectors grew by 9.2%, 6.2%, and 9% respectively (at constant prices).  Agriculture, manufacturing, and services sector contributed 48%, 9% and 43% respectively in 2023-24 (at current prices).

  • Per capita GSDP:  In 2023-24, Tripura’s per capita GSDP (at current prices) is estimated to be Rs 1,98,379, an increase of 13% over 2022-23 (Rs 1,75,261).  India’s per capita GDP in 2023-24 is estimated to be Rs 2,15,935, an increase of 11% over the previous year.

Figure 1: Growth in Tripura’s GSDP at constant prices (2011-12) 
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Note: These numbers are as per constant prices (2011-12) which implies that the growth rate is adjusted for inflation.
Sources: MoSPI; PRS.

Budget Estimates for 2025-26

  • Total expenditure (excluding debt repayment) in 2025-26 is targeted at Rs 31,412 crore.  This is an increase of 6% from the revised estimate of 2024-25.   This expenditure is proposed to be met through receipts (excluding borrowings) of Rs 26,450 crore and net borrowings of Rs 3,582 crore.  Total receipts for 2025-26 (other than borrowings) are expected to register an increase of 8% over the revised estimate of 2024-25 (Rs 24,525 crore).

  • Revenue surplus is estimated at Rs 1,896 crore (1.9% of GSDP) in 2025-26, as compared to a revenue surplus of Rs 1,945 at the revised estimates stage of 2024-25.  ;

  • Fiscal deficit for 2025-26 is targeted at Rs 4,962 crore (4.9% of GSDP), lower than the revised estimates for 2024-25 (5.7% of GSDP).  In 2025-26, states’ fiscal deficit has been fixed at 3.5% of GSDP, of which 0.5% of GSDP will be linked to states undertaking power sector reforms.

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