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Tuesday, February 4, 2025

Budget Catalyst For Sustainable Growth: Assam CM Himanta Biswa Sarma

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HT Bureau

GUWAHATI, Feb 12: Chief Minister Himanta Biswa Sarma praised the budget presented by Assam finance minister Ajanta Neog for the 2024-2025 financial year, stating that it provides a realistic roadmap for sustainable growth and employment opportunities.

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Sarma highlighted that the Assam Budget draws inspiration from Prime Minister Narendra Modi’s vision of transforming India into a Viksit Bharat during Amrit Kaal.

”Assam Budget 2024-2025 draws inspiration from Adarniya Prime Minister Shri @narendramodi ji’s grand vision of transforming India into a Viksit Bharat during Amrit Kaal. I congratulate Hon’ble Finance Minister Smt. @ajantaneog for presenting a Budget that will help to place Assam, amongst top 5 states in the country,” he wrote on micro-blogging site X.

The chief minister also shared the exceptional takeaways in Budget 2024-25, where claimed that the state’s economic growth is consistently exceeding the national GDP growth rate.

He further informed that Assam has taken Capital Expenditure to a new historical level and we are likely to cross Rs 20,000 crore figure in 2024-25, compared to 16,000 cr in 2022-23.

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Commenting on the employment opportunities, Sarma claimed that Budget 2024 places requisite focus upon creation of employment opportunities.

“After achieving a goal of 1 lakh plus Jobs, this year, our government has laid emphasis on strengthening entrepreneurship in the state. There will be additional support in the form of Subsidy and grants to SHG members for taking up income generating activities,” he added.

Sarma said that the state has been continuously supporting Mahila Sabalikaran through expanding coverage of Orunodoi upto 30 lakh, providing more relief to micro credit borrowers, financial support to Nijut Moina and 39 lakh women entrepreneurs.

“With launch of Asom Mala 2.o and taking up many iconic projects, big push to infrastructure has been given. This will have multiplier effects, helping common citizens of the state. Green Growth is an essential pillar of Budget 2024. Under this we will plant 3 cr saplings, introduce electric buses and set up over 1000 MW of renewable energy plants and rooftop solar plants,” he added.

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This year’s budget places a special emphasis on the well-being of the Tea Garden community through greater investment in schools, 3 per cent reservation in government jobs and paying their arrear electricity dues, he said.

“Celebrating our rich cultural heritage has been an underlying theme in the Budget. The construction of the Maa Kamakhya Corridor, Preserving land in and around our Satras, taking pilgrimage to Ram Mandir, Ayodhya, incentivising Bhaona and Raas Lila find prominence in our quest for cultural identity,” he avowed.

 

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The Hills Timeshttps://www.thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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