Current Affairs Exam

We expect 13% SGDP growth this year: Assam CM Himanta Biswa Sarma

Chief ministerHimanta Biswa Sarmaexpressed hope thatAssamwill achieve 13% state GDP (SGDP) Growth this year, with the states economy becoming more vibrant with significant decline in bandhs and agitations. We have achieved a high growth trajectory in Assam.

In the last fiscal, our state GDP (SGDP) growth was around 12.66% and this year too, we are aiming to achieve the target of 12% to 13%. This is unique in the entire country.

He added that Assam has achieved a milestone in the preceding year by becoming a state, which is no longer a dependent state on the Centre for paying salaries to its employees. He credited organisations for shunning bandhs and protests for the conducive created for the growth story.

Sarma said of the Rs 2,500 crore that Assam receives from the Union Government, except for Rs 900 crore that is being spent for payment of pension, the rest Rs 1,200 to Rs 1,400 is being spent on development projects. He said Assam has registered rapid growth of 26% in tax collection.

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