Will Tripura’s per capita income reach $23,000 by 2047?

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Will Tripura’s per capita income reach $23,000 by 2047?

Synopsis

Tripura's Chief Minister, Manik Saha, sets an ambitious goal to boost the state's per capita income from $2,300 to $23,000 by 2047. This announcement came during a crucial meeting with Prime Minister Narendra Modi, highlighting key areas for growth and development in Tripura's economy and society.

Key Takeaways

  • Ambitious income goal: Tripura aims to raise per capita income to $23,000 by 2047.
  • Focus on diverse sectors: Emphasis on medical wellness, eco-tourism, and IT.
  • Strong growth: State's GDP has grown over 15% in recent years.
  • Support for MSMEs: 86,117 MSMEs are operational in Tripura.
  • Green economy initiatives: Development of a green policy framework is underway.

New Delhi/Agartala, May 25 (NationPress) Tripura's Chief Minister Manik Saha announced on Saturday that the government aims to elevate the state's per capita income from the current $2,300 to $23,000 by the year 2047.

While speaking at the 10th NITI Aayog Governing Council meeting led by Prime Minister Narendra Modi at Bharat Mandapam in Delhi, the Chief Minister emphasized the focus on sectors like medical wellness, eco-tourism, IT knowledge, resilient agriculture, rich history, cultural heritage, and sports.

In a recent meeting in Agartala, CM Saha stated, "Tripura ranks second in the northeastern region in terms of GDP after Assam and in per capita income after Sikkim. The state's abundant natural resources and stunning environmental beauty are invaluable, and the government is committed to utilizing them effectively for our development."

During the NITI Aayog meeting, he noted that the state's GDP has grown by over 15 percent in the last three years, indicating a promising start to this journey.

Highlighting the role of MSMEs and informal employment, he mentioned that Tripura boasts 86,117 Micro Small and Medium Enterprises.

Additionally, the state supports a robust base of 60,318 Self-Help Groups with 5,49,559 members and 94,723 Lakhpati Didis, according to Saha.

The Chief Minister pointed out the potential in the green economy and circular economy, stating that the government is working on a state-specific green economy policy with a holistic approach that includes youth and women, fostering a strong green startup ecosystem.

Saha reiterated Tripura's steadfast commitment to the vision of 'Viksit Rajya for Viksit Bharat' under the dynamic leadership of the Prime Minister and the strategic guidance of NITI Aayog.

Point of View

It is essential to recognize Tripura's ambitious goals in the context of national development. The commitment of the state government to uplift its economy and improve living standards aligns with the broader vision of a prosperous India. The focus on sustainable practices and inclusive growth, particularly in the green economy, signifies a forward-thinking approach that can serve as a model for other regions.
NationPress
01/06/2025

Frequently Asked Questions

What is the current per capita income of Tripura?
The current per capita income of Tripura is $2,300.
What is the target per capita income for Tripura by 2047?
The target per capita income for Tripura by 2047 is $23,000.
What sectors is the Tripura government focusing on for growth?
The government is focusing on medical wellness, eco-tourism, IT, resilient agriculture, and cultural heritage.
How has Tripura's GDP performed in recent years?
Tripura's GDP has seen a growth of over 15% in the last three years.
What initiatives are in place for MSMEs in Tripura?
Tripura has 86,117 Micro Small and Medium Enterprises (MSMEs) contributing to the economy.