City
Epaper

Tripura CM Saha urges FM Sitharaman to raise loan cap for externally aided projects

By IANS | Updated: October 13, 2025 20:20 IST

New Delhi/Agartala, Oct 13 Tripura Chief Minister Manik Saha on Monday met Union Finance Minister Nirmala Sitharaman in ...

Open in App

New Delhi/Agartala, Oct 13 Tripura Chief Minister Manik Saha on Monday met Union Finance Minister Nirmala Sitharaman in New Delhi and requested her to increase the cap on loan amounts for Externally Aided Projects (EAPs) to undertake many ambitious projects in the state, an official said.

An official of the Chief Minister’s Office (CMO) said that during the meeting, the Chief Minister discussed the necessity of enhancing the ceiling limit of Externally Aided Projects (EAPs).

The Chief Minister also highlighted that several crucial projects under the Urban Development Department, Tourism Department, and Agartala Municipal Corporation are currently awaiting progress due to the existing ceiling restriction on EAPs, the official said.

He said that Saha also urged the Union Finance Minister to consider releasing additional funds to help reduce the Dearness Allowance (DA) gap between the state government and the Central government employees.

While addressing an official function in Agartala recently, the Chief Minister had said that he has requested the Centre to remove the cap on loan amounts for EAPs to undertake many ambitious projects.

“There are many states where such a cap does not exist. But in our case, due to many ongoing development works, we are facing issues because of this cap,” he said.

Meanwhile, Tripura Forest and Environment Minister Animesh Debbarma recently said that the state government has been implementing three EAPs to protect the forests and to provide livelihood for the forest dwellers as well.

He said that of the three externally aided projects, one was funded by the Government of Japan through Japan International Cooperation Agency (JICA) as a soft loan.

The other was a grant from the Federal Republic of Germany through KFW, and the third one is a World Bank-funded Rs 1,764.94 crore project. The World Bank is funding a Rs 1,764.94 crore project called the Enhancing Landscape and Ecosystem Management (ELEMENT) Project in Tripura.

This World Bank-funded project focuses on forest management, community development, and enhancing livelihoods in the state.

The project also aims to create jobs for youth and women by promoting forest-based entrepreneurship, Minister Debbarma had said.

--IANS

sc/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIranian delegation led by Parliament Speaker Qalibaf arrives in Islamabad for talks with US

BusinessCommerce Ministry, Ports Department review packaging and shipping challenges amid West Asia crisis

Other Sports'Vaiball' takes over IPL 2026: 15-yr-old Sooryavanshi stuns cricket world with explosive knock

Cricket"Everyone loves him": RR skipper Riyan Parag on Vaibhav Sooryavanshi after RR's win over RCB

Cricket"I try to play the ball and not the bowler": Orange Cap holder Vaibhav Sooryavanshi after POTM-winning performance against RCB

National Realted Stories

National132 devotees from Ludhiana had come for 'darshan', says DM CP Singh on Mathura boat accident

NationalAI Summit protest case: Court grants interim protection to IYC member, directs him to join investigation

NationalTripura emerges fastest-growing economies in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

NationalUGC secretary Manish Joshi to be relieved; Shyama Rath to take charge

National'Only expert status, no right to conduct technical review': UK regulator responds to families over Air India crash probe