Current Affairs Exam

Assam’s per capita debt burden estimated at Rs 26,000

Assam’sper capita debt burdenat the close of the last financial year 2021-22 is estimated at Rs 26,771 while the per capita income has been pegged at Rs 1,02,965 (by quick estimate), state finance minister Ajanta Neog informed the assembly.

Quoting reports from the statedirectorate of economics and statistics, Neog stated that the state’s per capita income according to quick estimates was Rs 1,02,965 andGDPRs 4,12,162 crore registering a Growth rate of over 16% in 2021-22.
The minister said in last three financial years, the availed a total loan of Rs 17,148 crore during the last financial year from several sources for various purposes.

During 2021-22, the state government has taken Rs 12,753 crore from market borrowings for development work, another loan of Rs 1,385.94 crore has been taken for developing rural Infrastructure from financial institutions, central loans of Rs 157.34 crore for implementing development schemes and Rs 600 crore for implementing capital schemes and Rs 2252.10 crore from state provident fund for development and welfare projects.

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