Indo-Bangladesh border trade comes as boon for land-locked Tripura

Being land-locked, Tripura was at a disadvantage compared to people in other states when it comes to availability of goods

Press Trust of India Agartala
Last Updated : Aug 18 2014 | 9:28 PM IST
The border trade between India and Bangladesh has come as a boon to people in land-locked Tripura, who were at a disadvantageous position compared to people in other states when it comes to availability of goods.

Kolkata is 1,700 km from Agartala, while Dhaka and Chittagong are within 140 km range of Tripura. Goods from these two cities are made available in Tripura through Land Customs Stations. We can take the advantage of proximity and therefore reduced transport cost to get the commodities here easily, Prashanta Bhattacharya, President of Indo-Bangla Chamber of Commerce, Tripura Chapter, said.

This is despite the fact that there is a huge trade imbalance between the two countries in favour of India. However, the picture is totally different when it comes to trade between Tripura and Bangladesh. Bangladesh exported goods worth Rs 342.65 crore to Tripura last year, while it imported goods worth just Rs 0.41 crore only, according to Union Ministry of Commerce data.

The trade gap between Bangladesh and Tripura is huge, but still we gain because the products are being available in the state market,Bhattacharya said. The trade will get a further boost when the 15 km railway track connecting Agartala and Akhaura in Bangladesh is completed by 2015, facilitating setting up of four more border markets, he said. Not only availability of goods, the enhanced border trade has led to employment generation as well, Secretary of Tripura Chamber of Commerce M L Debnath said.

Tripura is bound by Bangladesh on three sides constituting 85 per cent of the states total border. It has seven Land Custom Stations which are Agartala, Srimantapur (Sonamura), Khowaighat (Khowai), Manu (Kailashahar), Old Raghnabazar (Dharmanagar), Belonia (South Tripura) and Sabroom (South Tripura). Informal trade through some points of the border has also contributed its part in the goods availability, Pabitra Kar, former chairman of the Tripura Industrial Development Corporation, said. Earlier before Partition, the border was open and people-to-people contact was close. So, informal trade continued due to proximity and virtual absence of linguistic and cultural differences, Kar said.

There is no Land Custom Station in many areas of the border, where informal trade flourishes. Now we need to formalise the informal trade so that trade occurs legally and government also earn revenues. The only options remaining with us is formation of Border Haat, Chowdhury said. One border haat is complete at Srinagar in Sabroom which may be inaugurated any time and another border haat is being erected at Kamalasagar in Sipahijala district, he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 18 2014 | 8:16 PM IST

Next Story