Tripura signs landmark MoUs with National Stock Exchange to boost financial literacy, skills and investment
Agartala, July 28
In a major step towards strengthening Tripura's economic ecosystem through greater access to capital markets, the Tripura Government on Monday signed three landmark Memorandums of Understanding with the National Stock Exchange in the presence of Chief Minister Manik Saha.
The agreements were signed at Pragya Bhavan in Agartala, marking what the state government described as a significant milestone in advancing financial literacy, entrepreneurship, skill development and investment promotion in Tripura, according to a release.
Addressing the gathering, Chief Minister Manik Saha said the partnership would play a transformative role in enhancing financial awareness, developing industry-ready skills and creating a stronger entrepreneurial ecosystem across the state.
He said the initiative is aimed at empowering the youth by providing financial education and employability-oriented skills, supporting Micro, Small and Medium Enterprises (MSMEs) by facilitating access to capital markets, strengthening the capacity of government officials through specialised training in finance and economic strategies, and fostering a vibrant investment climate in Tripura.
The Chief Minister further stated that the collaboration places the State Institute of Public Administration and Rural Development (SIPARD) among the first government training institutions in India to establish such a large-scale strategic partnership with the National Stock Exchange. He noted that the initiative sets a new national benchmark in institutional capacity building.
Describing the agreement as a forward-looking initiative, Saha said the partnership would contribute significantly to building a stronger and more economically resilient Tripura by promoting financial inclusion, investment readiness and sustainable economic growth.
Meanwhile, Manik Saha on Sunday said that the common people have warmly welcomed Prime Minister Narendra Modi's Mann Ki Baat programme and now eagerly wait for the monthly radio programme.
He said that in today's programme, the Prime Minister specially mentioned the unique initiative of Suraj Kumar Debbarma in preserving and promoting Tripura's traditional musical instrument, the Chongpreng.
Tripura Chief Minister Manik Saha made these remarks while participating in the 136th episode of Prime Minister Narendra Modi's 'Mann Ki Baat' programme, organised at Booth No. 51 of 13 Pratapgarh Mandal on Sunday.
— ANI
Reader Comments
Good initiative but I have my doubts. How many people in Tripura actually have access to smartphones or internet to trade in stocks? First, the government should focus on basic infrastructure and then talk about capital markets. Otherwise, it's just a photo op.
The mention of traditional instrument Chongpreng in Mann Ki Baat is wonderful! We need more efforts to preserve our Northeast culture alongside economic development. Happy to see Tripura getting attention on national platforms. 👍
I work in finance and this is genuinely impressive. Making SIPARD collaborate with NSE sets a benchmark for other state training institutes. But the real test will be in execution—will this actually create jobs or just fancy certificates for government officials? Let's wait and watch.
As someone from Tripura, I feel this is long overdue. Our state has huge potential but lacks financial guidance. Hope this MOU leads to real change—like start-up funding for local entrepreneurs and better MSME support. And yes, Mann Ki Baat highlighting our heritage is a bonus! 🎵
Financial literacy is crucial, especially for rural youth who often fall prey to shady investment schemes. This partnership could be a safeguard if done right. But I wish the state also focused on digital literacy alongside—without that, stock market knowledge is useless.
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