AGARTALA: The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, emphasized the Union Budget 2025-26 as a visionary roadmap for the development of the Northeast region, positioning it as a key player in India's journey to becoming the world’s third-largest economy. Highlighting the budget’s strategic focus, Sonowal underscored its role in unlocking the region’s economic potential and driving sustainable growth. The Union Minister also took a sharp dig at the opposition by highlighting how the PM Narendra Modi-led government has raised the tax devolution for Tripura by 430% at Rs 471.69 billion since 2014 (up to 2024) when compared to the previous decade (2004-2014) at Rs 89 billion under the governments of the Congress and the Left parties.
Addressing a press conference in Agartala, the Union Minister, Sarbananda Sonowal, said, “Under the visionary leadership of Prime Minister Shri Narendra Modi ji, the Union Budget 2025-26 reaffirms the government’s commitment to the Northeast region with a significant capital expenditure rise of 9%, from Rs 256.77 billion to Rs 279.80 billion. This increased outlay will drive infrastructure growth, enhance connectivity, and integrate the region into India’s journey towards becoming the world’s third-largest economy. With successive developmental and inclusive budgets, the PM Narendra Modi ji-led NDA government has been undoing the injustice and the neglect that the Northeast region endured under the Congress and the Left governments.”
"Under the leadership of PM Narendra Modi, the government has significantly increased tax devolution for Tripura by 430%—rising from Rs 89 billion during 2004-2014 under Congress and Left governments to Rs 471.69 billion between 2014-2024,” Sonowal said.
Emphasizing the Union Budget’s role as a catalyst for social welfare and sustainable development, Sarbananda Sonowal further stated, “Prime Minister Narendra Modi ji envisions an inclusive and self-reliant Atmanirbhar Bharat by 2047. In line with this vision, the budget strengthens the middle class by increasing the income tax limit to Rs 12 lakh, boosting disposable income, and expanding the economy's overall spending capacity.” Highlighting Tripura’s ascendency since 2014 under Prime Minister Narendra Modi ji, the Union Minister said, “Under the inspiring leadership of Prime Minister Shri Narendra Modi ji, Tripura’s growth story has been transformative, with tax devolution surging by 430% to Rs 471.69 billion since 2014. Special Assistance for Capital Investment has risen to Rs 8.13 billion, while strategic initiatives like Smart Cities Mission and NESIDS projects are driving infrastructure development. With the International Internet Gateway, Tripura is now a digital gateway for the Northeast.”
In Assam, the Union Minister Sarbananda Sonowal said, “Since 2014, the PM Narendra Modi ji-led Union Government has prioritised infrastructure development as a key driver of progress in every state, especially for the states from the Northeast region. From the Rs 10,037 crore UNNATI-2024 scheme to the Rs 27,000 crore semiconductor ATMP unit in Assam, transformative investments are fuelling industrial growth, education, and healthcare. With AIIMS Guwahati, new medical colleges, and South Asia’s largest cancer hospital network, the Northeast is emerging as a hub of opportunity and development.”
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