The correct answer is: a) Social spending and fiscal prudence
Assam is a state in North East India. It is the largest state in India by area and the 13th most populous state. The state is facing a number of challenges, including poverty, unemployment, and infrastructure development. In order to address these challenges, the state government needs to balance social spending with fiscal prudence.
Social spending refers to the government’s expenditure on social programs, such as education, healthcare, and social security. These programs are essential to ensuring the well-being of the people. However, they can also be expensive. The state government needs to ensure that it is spending its money wisely and that it is not overspending on social programs.
Fiscal prudence refers to the government’s ability to manage its finances. The government needs to ensure that it is not spending more money than it is taking in. It also needs to ensure that it is not borrowing too much money. If the government is not fiscally prudent, it could face a number of problems, such as a debt crisis.
The state government of Assam needs to balance social spending with fiscal prudence. It needs to ensure that it is spending enough money on social programs to meet the needs of the people, but it also needs to ensure that it is not overspending. The government also needs to ensure that it is managing its finances wisely. If the government can balance social spending with fiscal prudence, it will be able to address the challenges that the state is facing and improve the lives of the people.
The other options are also important, but they are not as important as social spending and fiscal prudence. Central assistance and state autonomy are important because they can help the state government to address its challenges. However, they are not as important as social spending and fiscal prudence because they do not directly address the needs of the people. Traditional sectors and emerging industries are also important because they can help to create jobs and economic growth. However, they are not as important as social spending and fiscal prudence because they do not directly address the needs of the people.