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Tripura the Land of Permanent Spring

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Tripura the Land of Permanent Spring UJJAYANTA PALACE IN AGARTALA, TRIPURA TRIPURA THE LAND OF PERMANENT SPRING For updated information, please visit www.ibef.org May 2018 Table of Content Executive Summary .…………….…….…....3 Introduction ……..………………………...….4 Economic Snapshot ……………….….…….9 Physical Infrastructure ………..……...........14 Social Infrastructure ...................................20 Industrial Infrastructure ……...……….........23 Key Sectors ………….………………..…...25 Key Procedures & Policies………………...31 Annexure.………….……..…........................39 EXECUTIVE SUMMARY Largest bamboo . Tripura is endowed with rich and diverse bamboo resources. It is home to 21 species of bamboo. The state producing hub in India has an area of 7,195 hectares for the production of bamboo. Strong natural rubber . Tripura is the 2nd largest natural rubber producer in the country, after Kerala. As of 2015-16, production of production base rubber in the state stood at 44,245 tonnes as compared to 39,000 tonnes in 2013-14. Fifth largest tea . Tripura holds a strong tea plantation base, with 58 tea gardens covering an area of over 6,400 hectares as of 2014-15. Due to large availability of land along with appropriate climatic conditions gradual boost to the tea producing state production in the state has been witnessed. In 2016-17, tea production in the state stood at 10.5 million kg. Unique cultural mix in . A unique harmonious blend of 3 traditions (tribal, Bengali & Manipuri weaving) can be seen in Tripura’s handicraft art handicrafts. The state is known for its unique cane & bamboo handicrafts. The state has favourable climatic conditions for cultivation of various fruit and horticultural crops. The state’s Food processing hub in pineapples and oranges are known for their unique flavours and organic nature. It has set up a modern food Northeast park near Agartala to boost growth in the food processing sector & an agri-export zone for pineapples. The state also has potential in the meat-processing sector. Treasure of natural . Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns & 45 epiphytes. The pertinent tropical climatic conditions in the state supports the medicine flourishing growth of various types of the medicinal plant & other forest resources scattered all over the state. Source: Ministry of Agriculture, Tripura State Portal 3 TRIPURA For updated information, please visit www.ibef.org TRIPURA INTRODUCTION TRIPURA FACT FILE . Main rivers flowing through Tripura are Gomati, Manu, Khowai, Feni, Doloi, Muhuri and Haora. The prominent hill ranges of the state are Jampui, Sakhantang, Longtharai, Atharamura, Baramura, Deotamura, Belkum and Kalajhari. Parameters Tripura Capital Agartala Geographical area (lakh sq. km) 10,491 Source: Wikimedia Commons Administrative districts (No) 8 . Tripura is bounded on the north, west, south and southeast by Bangladesh; whereas in the east, the state has a common boundary Population density (persons per sq. km) 350 with Assam and Mizoram. Bengali and Kokborok/Tripuri are the official languages of the state. Total population (million) 3.7 The medium of instruction in schools is either Bengali or English. Male population (million) 1.9 . Tripura has eight administrative districts: Dhalai, Gomati, Khowai, North Tripura, Sepahijala, South Tripura, Unnakoti and West Tripura. Female population (million) 1.8 Agartala is the capital of Tripura and the state’s largest city. Key towns in the state are Kailashahar, Udaipur, Khumulwng, Kamalpur, Sex ratio (females per 1,000 males) 947 Ambassa, Khowai and Sabroom. Literacy rate (per cent) 96.8* Source: Government of Tripura website, Census 2011; *As of 08.09.2014 5 TRIPURA For updated information, please visit www.ibef.org ADVANTAGE: TRIPURA Tourism hub in North East Untapped resources and medical plants . With its pleasant climate and scenic landscape, Tripura is a . Tripura has several potential, but unexplored sectors such as favoured tourist destination. organic spices, bio-fuels & eco-tourism. Its blessed with scenic beauty, ancient places, temples, . The state has a wide variety of medical plants. It has 266 breathing taking verdant hills & bio-diversity treasure trove of medicinal plants, 379 species of trees, 581 herbs, 320 shrubs wildlife sanctuaries & 165 climbers. Advantage Tripura Availability of skilled Policy and workforce infrastructure support . Tripura has a large base of skilled labour, making it an ideal . Tripura has a wide range of fiscal & policy incentives for destination for knowledge sectors. At 87.8per cent, its literacy businesses under the Tripura Industrial Investment Promotion rate is higher than the national average rate. Incentive Scheme, 2012. The state has institutes such as National Institute of . Developing infrastructure, improved rail & air connectivity & Technology (NIT) & Tripura Institute of Technology (TIT), establishment of trade routes have facilitated trade. which provide skilled manpower to various industries. In June 2017, the state government announced an average 19.68per cent pay hike for its pensioners and employees 6 TRIPURA For updated information, please visit www.ibef.org TRIPURA IN FIGURES Odisha’s Contribution to Indian Economy (2015-16) Physical Infrastructure in Tripura Parameter Tripura India Parameter Tripura India GSDP as a percentage of all Installed power capacity 0.25 100.0 735.72 343,898.39 states’ GSDP (MW) (May 2018)* GSDP growth rate (%) 25.33 10.40 Wireless subscribers (Mn) 13.77 1,183.41 (as of March 2018) Per capita GSDP (US$) 1,352.82 1,546 Internet subscribers (Mn) 5.19 445.96 Social Indicators (as of December 2017) National highway length 854 115,435 Parameter Tripura India (km) Literacy rate (%) 95.16 74.04 Airports (No) 1 125 Birth rate (per 1,000 13.7 20.4 population) Investments (as of December 2017) Parameter Tripura India Cumulative FDI equity inflows since April 2000 (US$ billion) 0.11 367.93 Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2017-18 i.e. 64.45, For source refer to Annexure , * FY 2018-19 7 TRIPURA For updated information, please visit www.ibef.org NORTH EAST REGION VISION 2020 . Improving standard of living of . Government had targeted to grow people in the region to meet the GSDP by 9.5per cent and per national standard by 2020. capita GSDP by 7.3per cent over . Creating centres of excellence, 2007-20. state-of-art hospitals and educational institutions. Encouraging public investment in Quality of life of . Better governance and ensuring infrastructure to attract private people Growth rate in peace and harmony by investment. GSDP maximising self-governance and . Creating a centre for trade and increased people participation. Promoting commerce by improving relations Governance with neighbouring countries. investments Vision 2020 . Encouraging the cultivation of . Developing agro-processing and Agriculture Industry HYV crops through better use sericulture industries. of organic manure, fertilisers . Increasing investment in and pesticides. manufacturing units depending upon . Preventing soil erosion by Infrastructure Tourism the availability of resources in the controlling floods. region. Promoting cultivation of horticulture crops. Facilitating easy movement of . Focussing and developing goods and people by investing in services that would promote road, rail, inland water and air tourism and create employment transportation. opportunities. Generating more power for supply . Improving the security scenario to neighbours. for safety of tourists. Note: HYV- High Yielding Variety Source: NER Vision 2020 8 TRIPURA For updated information, please visit www.ibef.org TRIPURA ECONOMIC SNAPSHOT ECONOMIC SNAPSHOT – GSDP GSDP of Tripura at current prices GSDP per capita of Tripura at current prices 6 400 1,600 CAGR 6.63% 100000 CAGR 15.66% 350 90000 1,400 5 80000 300 1,200 5.25 70000 4 250 1,000 343.68 60000 4.48 4.23 1,352.82 88,555.32 4.01 3 200 3.98 800 50000 274.22 1,169.35 40000 255.93 150 600 1,116.45 1,082.68 71,505.58 2 1,062.65 67,545.08 30000 216.63 100 400 192.08 1 57,861.11 20000 50 200 51,914.62 10000 0 0 - 0 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 US$ billion Rs billion US$ Rs . At current prices, Tripura’s gross state domestic product . The state’s per capita GSDP was Rs 88,555.32 (US$ (GSDP)* stood at around about Rs 343.68 billion (US$ 5.25 1,352.82) in 2015-16 compared with Rs 51,914.62 (US$ billion) 1,082.68) during 2011-12. GSDP increased at a compound annual growth rate (CAGR) of . Per capita GSDP increased at a CAGR of 6.63 per cent 15.66 per cent between 2011-12 and 2015-16. between 2011-12 and 2015-16. Source: Directorate of Economics and Statistics of Tripura 10 TRIPURA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP NSDP of Tripura at current prices NSDP per capita of Tripura at current prices 5 CAGR 4.22% 35000 1,400 CAGR 14.18% 90000 80000 30000 1,200 4 4.74 70000 25000 1,000 60000 4.01 3 3.86 20000 1,222.53 3.63 3.61 800 80,026.62 50000 31,058.33 981.83 962.97 15000 1,046.11 40000 2 600 1,017.69 63,969.44 24,532.28 61,570.28 23,328.98 30000 10000 400 52,433.60 1 19,631.14 20000 47,078.51 17,419.05 5000 200 10000 0 0 0 0 2012-13 2011-12 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 US$ billion Rs billion US$ Rs . Tripura’s net state domestic product (NSDP) was about . Tripura’s per capita NSDP& was Rs 80,026.62 (US$ 1,222.53) Rs31,058.33 crore (US$ 4.74 billion) during 2015-16. in 2015-16 compared with Rs 47,078.51 (US$ 981.83) during .
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