Agartala, July 10, 2024: The Tripura Tribal Areas Autonomous Region Assembly (TTAADC) on Wednesday launched the TiPR-Ham auto loan online portal, an important step in promoting sustainable mobility and financial independence for its residents. The grand opening ceremony was presided over by MDC Pradyot Kishore Debbarman, Executive Chairman of TTAADC.

After the event, Debaman detailed the goals and benefits of the new initiative to the media. “ADC management is committed to helping the economically weaker segments of the community,” he said. “By providing loans to purchase electric vehicles at low interest rates through rural banks, we aim to help the poor of all castes in the ADC region achieve economic independence.”

Debama stressed that interested candidates can apply for loans online starting today. He detailed the financial structure of the program, explaining, “ADC Management will cover 20 percent of the cost of the purchase. The remaining amount will be lent by the bank at an interest rate of 6 percent.”

To facilitate this initiative, the government has signed an agreement with Mahindra. In addition, Debbarma also announced plans to establish vehicle charging stations in each area of the ADC to support new electric vehicles. “Currently, ADC is responsible for managing 587 village councils and in the first phase, we will distribute electric vehicles to 600 people,” he said.

“This is the first time ADC management has taken such a step,” Debbarma said proudly. He highlighted the dual benefits of the program, noting that “using electric vehicles not only reduces costs compared to gas-powered vehicles, but also protects the environment by reducing pollution.”

Among the notable figures present at the event were ADC CEO Purna Chandra Jamatia, Ministry of Information and Cultural Affairs Executive Member Kamal Koloi and Tipra Motha Party Chairman Bijoy Kumar Hrangkhwal, among others. Their presence highlights the widespread support for this innovative and socially impactful initiative.

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