Unlocking Entrepreneurship: Transforming Tripura
Eclectic Northeast|January 2021
Entrepreneurship can help resolve the problem of unemployment in Tripura
Bhairavi Jani

The landlocked state of Tripura may be the third-smallest in size in India, but its opportune borders with Bangladesh to the north, south, and west, and the Indian states of Assam and Mizoram to the east affords the State a unique trade and business advantage. While less than 28% of Tripura is arable, over 50% of its population depends on agriculture and allied activities making it an agrarian State. With its salubrious climate and undulating topography owing to the hills, entrepreneurship could open vistas for the State’s youth and help resolve the problem of unemployment, changing the socio-economic situation in the State for the better.

Tripura has risen four notches higher to #22 in India on World Bank’s ‘Ease of Doing Business’ index, according to the Department of Industrial Policy and Promotion’s (DIPP) from #26 in 2015. But much like other states in the North East Region (NER), and for that matter, several in the country, entrepreneurship in Tripura is not the first career choice. Except in family run businesses, spotting an entrepreneur in the State until a few years ago was rare. The reasons for this lack of entrepreneurial culture are plenty, major ones being economic and social uncertainty, and lack of market access available for a first-generation entrepreneur.

In Tripura, people entering the workforce look for economic stability. More and more entrepreneurs are exploring unconventional avenues like activated carbon from bamboo, honeycomb paper products, and e-waste recycling for profitability. But the government of the day will need to take ambitious steps to transform the entrepreneurial landscape of the State.

Government and Regulatory Support

A start-up Tripura portal is in the pipeline, in order to bring ease into conducting business, with the promise of reducing the time taken to set up a business to 12 working days through its single window system.

The North Eastern Development Finance Corporation Ltd (NEDFi) in Tripura, extends handholding to the entrepreneurs of the State by facilitating market linkages, extending credit support and organising various entrepreneurship development programmes, through its two branch offices at Dharmapur and Udaipur (formerly Rangamati).

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM ECLECTIC NORTHEASTView All

TAKING DAAKOR BOSON TO THE WORLD

Two artists are using visually appealing artwork to spark conversations about Assam, and the region

6 mins read
Eclectic Northeast
March 2021

She Can Do It!

We take a look at women achievers who helped put Northeast India on the map

6 mins read
Eclectic Northeast
March 2021

In Search of the Magic Carpet

A World Heritage Site, Bukhara is a great spot to get your fill of Islamic art and architecture

5 mins read
Eclectic Northeast
March 2021

Manipur Introduces Gender Budget

The main objective is to bring forward a gender perspective at all stages of policy making

2 mins read
Eclectic Northeast
March 2021

Thinking Green

It is time we work towards adopting a zero-waste lifestyle in order to help the planet

4 mins read
Eclectic Northeast
March 2021

Musings of a Soldier The Beginning of a Journey

I don’t precisely remember how I joined Ramakrishna Mission School (RKMS), Aalo in 1966, but I do remember trudging 3 kms, one way, along with my elder sibling late Jarbom Gamlin – yes, the one who was in ‘politics’ and became the Chief Minister of Arunachal Pradesh in 2011 - to attend school. I was born with six toes in my right leg – so, could never wear a pair of shoes until I got the extra toe surgically removed in January 1974 for my entry to Rashtriya Indian Military College, Dehradun (which I have spoken about in my previous ‘piece’), and perforce, I used to wear slippers to school.

3 mins read
Eclectic Northeast
March 2021

Summer Playlist

We have some summer song recommendations that you can include in your playlist

2 mins read
Eclectic Northeast
March 2021

Stay Calm and Eat Pizza

Guwahati has an awesome new place where you can indulge in wood fire pizzas

2 mins read
Eclectic Northeast
March 2021

Free Street Library

A community-based free street library project is receiving great response in Nagaland

2 mins read
Eclectic Northeast
March 2021

CONNECTING THE NORTHEAST LOGISTICS OPPORTUNITY

Improving supply chain infrastructure in the Northeast will not only be beneficial for the region, but for the nation as well

4 mins read
Eclectic Northeast
March 2021
RELATED STORIES

JUSTICE MOHAN SHANTANAGOUDAR – A SHORT MEMOIR

It is well-settled that in case of any ambiguity in the construction of a penal statute, the judgment pointed out, the courts must favour the interpretation which leans towards protecting the rights of the accused, given the ubiquitous power disparity between the individual accused and the State machinery.

6 mins read
UNIQUE TIMES
May - June 2021

ASSAM

Lead of the Red Rives and Blue Hills

9 mins read
The Teenager Today
March 2021

MEMORABLE ACHIEVEMENT

Baroda skipper Krunal Pandya was at his best during his side’s match against Tripura in the ongoing Vijay Hazare Trophy.

1 min read
Cricket Today
February 26, 2021

Royal Retreats of Tripura

Tripura that state in the Northeastern region of India that has dived deep into royalty. There are several royal tales to be told from the state. For your Post-Covid getaways, we bring to you some of the royal palaces of Tripura that are worth taking a tour.

2 mins read
Northeast Today
November 2020

गडकरी ने 2752.49 करोड़ की 262.34 किमी लंबी 9 राष्ट्रीय राजमार्गों की नींव रखी

त्रिपुरा में बिछेगा सड़कों का जाल, अब तक 850 किमी से अधिक राजमार्ग

1 min read
Haribhoomi Delhi
October 28, 2020

GI tag status of Agro-horticulture Produces of North East India

North Eastern Region of India is the hub of organic and exotic agro horticultural produces.

5 mins read
Food Marketing & Technology - India
October 2020

Custodial Deaths In Tripura : Time To Worry

On June 24, this year the opposition party of Tripura, CPI-M demanded a judicial inquiry into the four custodial deaths which happened over a period of the last eight months in the state. This is not the first time that opposition parties in the state have raised such a demand. In January this year, both CPI (M) and Congress had demanded a judicial probe into the custodial death of a 38-year-old undertrial, who was found hanging in West Agartala Police Station. Unfortunately, Tripura has made it to the media headlines for incidents like custodial death in the state. Northeast Today writes

3 mins read
Northeast Today
September 2020

INDIA RANKS FIRST IN NUMBER OF ORGANIC FARMERS

India ranks first in the number of organic farmers and ninth in terms of area under organic farming.

1 min read
GK Latest
September 2020

INDIA-BANGLADESH WATERWAYS TO BOOST TRIPURA'S ECONOMY

In a historic move the Tripura Government on July 23 received the first consignment of goods under the India-Bangladesh Coastal Agreement 2018. This initiative was launched under the Agreement on the use of Chattogram and Mongla Ports for the movement of India’s transit cargo through Bangladesh. Even though it will boost the economy of both the countries, the opening of the sea trade routes would immensely benefit Tripura and other North-Eastern states. Northeast Today writes.

4 mins read
Northeast Today
August 2020

INDO-BANGLA WATERWAY REMOVES CHICKEN NECK TAG OF NORTHEAST

A container ship flagged off from Kolkata to Agartala through Chattogram Port of Bangladesh, in a virtual ceremony (Pic Representative image)

5 mins read
Eastern Panorama
August 2020