Tripura Records Strong Tax Growth, Attracts Investors
- By Thetripurapost Desk, Agartala
- Mar 13, 2026
- 15
Govornor Indrasena Reddy Nallu on Friday announced that Tripura has successfully attracted more than 120 investors, culminating in the signing of 87 Memorandums of Understanding (MoUs) worth nearly ₹3,800 crore across key sectors such as education, tourism, healthcare and information technology.
Addressing the inaugural day of the ninth session of the 13th Tripura Legislative Assembly, the Governor stated that these investment commitments were secured during the Destination Tripura Business Conclave 2025 held in Agartala, reflecting growing investor confidence in the state’s economic prospects.
Highlighting the state’s strong fiscal performance, he noted that tax collections in the 2025–26 financial year up to October 2025 reached ₹994.23 crore in GST, ₹281.40 crore in VAT, ₹271.48 crore in Excise Duty and ₹26.85 crore in Professional Tax—figures that underscore improved economic momentum and enhanced tax compliance.
The Governor also drew attention to several forward-looking policy initiatives, including the Tripura Women Entrepreneurship Policy 2025, aimed at broadening market opportunities and facilitating easier access to credit for women entrepreneurs. He further mentioned the enactment of the Tripura Jan Vishwas Act, designed to strengthen trust-based and citizen-centric governance.
On the education front, the state achieved a landmark milestone on June 23, 2025, when Tripura was declared a fully literate state with a literacy rate of 95.6 per cent under the ULLAS Nav Bharat Saaksharta Karyakram, becoming the third state in India to reach this benchmark in alignment with the National Education Policy 2020.
Tripura has also garnered national recognition in the renewable energy sector, earning the distinction of Best Performing State for installing the highest number of solar pumps under the PM-KUSUM Scheme.
Looking ahead, the state government plans to upgrade Women’s College into a Women’s University, transform the Tripura Institute of Technology into a State Technical University, and establish three new competitive examination centres in Agartala, Udaipur and Ambassa.
The Governor further noted that Tripura currently maintains a road network spanning 10,617 kilometres, encompassing national highways, district roads, urban routes and rural connectivity corridors, thereby significantly strengthening the state’s infrastructure and regional accessibility.