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Tripura Finance Minister nowhere seen amid economic slowdown, unemployment problems : Much claimed 'Historical' Zero-Deficit budget formula resulted in Heavy-Taxation
TIWN Oct 13, 2019
Tripura Finance Minister nowhere seen amid economic slowdown, unemployment problems : Much claimed 'Historical' Zero-Deficit budget formula resulted in Heavy-Taxation
PHOTO : Finance Minister Jishnu Deb Barman addressing media after placing budget. He called it 'historical budget' on July 6, 2019

AGARTALA, Oct 13 (TIWN): Deputy CM cum Finance Minister Jishnu Deb Barman who presented a Zero-deficit budget could not explain the reason behind economic slowdown in his state added by scrapping of free medical services, his another dept Power Dept which has decided to hike electricity tariffs at 7.5% and adding of VAT, Cess on the fuel. When BJP has ended with failure to fill up 50,000 vacant posts in the Govt depts, Tripura is topping in unemployment rates among all Indian states. MGNREGA wages pending, loss in the markets which are although alleged by almost all common men everyday before the media, Govt chose to overlook those reports and imposing only one parrot-line ‘Tripura is undergoing growth’. Amid massive economic losses, Tripura’s revenue has gone at 26% from 2017’s 9.7%, but so far no statement came from the Finance Minister of Tripura.

The situations across the markets are so pathetic that sellers to consumers all are complaining “lack of demand” left the Laxmi puja market at down. Market survey shows a sharp fall of profits this year in the Laxmi puja market here in Agartala. At the same time price hikes have hit the fruit markets, whereas in crackers and idol markets amid losses maintained same price tags like the last year.

70% loss in Durga puja’s garment markets : A tight economic condition for businessmen remained in this Durga puja in Northeast state Tripura resulted from moneyless conditions from house to house.

http://পরিবর্তনের ত্রিপুরায়... কি বলছে রাজ্যের ক্ষুদ্র ও মাঝারি ব্যবসায়ীরা?  Situation of garment markets in Agartala, alleged 70% losses

Critical economic situations across markets in Tripura rural and urban bodies, aided by massive business losses at No-Customer, So-Sale like situations generating worries as if an Economic disaster is approaching towards.

On the other side, day after Tripura Govt praised GST, Nirmala Sitaraman accepted that GST might have flaws, however asked the taxpayers not to curse GST as it’s Indian law now.

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