Agartala: Dec 21: Chief Minister Professor (Dr.) Manik Saha addressed the North East Bankers’ Conclave today, emphasizing the vital role of the Credit Deposit (CD) ratio in the economic development of both the state and the nation. He highlighted that a higher CD ratio is essential for promoting financial growth and improving access to credit for various sectors of the economy.
The Chief Minister shared several key achievements in the state’s banking and financial sector. Under the Pradhan Mantri Jan Dhan Yojana, a total of 10.83 lakh Jan Dhan bank accounts have been opened in Tripura, which has contributed to greater financial inclusion for the people. Additionally, ATM services are now available in every district of the state, making banking more accessible for residents across Tripura. He also noted the benefits that the Prime Minister’s Mudra Loan Scheme has brought to individuals and businesses in the state, further supporting entrepreneurship and small-scale industries.
Professor Saha stressed that most villages in Tripura are now covered under banking services, demonstrating the state’s commitment to enhancing financial access in rural areas. Central government flagship schemes are being actively implemented to improve the state’s financial system, providing loans for agriculture, Micro, Small, and Medium Enterprises (MSMEs), and under the Mudra scheme.
Expressing optimism for the future, the Chief Minister conveyed his hopes that banks will play an increasingly important role in raising the CD ratio in the state. He believes that a stronger CD ratio will be key to fueling economic growth and enhancing credit availability for various sectors, ultimately contributing to the overall prosperity of Tripura.
