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Assam Budget

CAG: Assam govt’s 2021-22 budget unrealistic, overestimated

Guwahati: The Assam government’s budget for 2021–2022 was criticised by India’s Comptroller and Auditor General (CAG) as being “unrealistic and overstated,” and it was urged to create expenses using “reliable assumptions”. The CAG suggested cutting back on revenue expenditures in light of the state’s public debt’s accelerating growth rate. The CAG stated in the “State […]

Three Bills by Assam Legislative Assembly

Guwahati: Assam Legislative Assembly on Wednesday approved three bills related to the education department during the ongoing budget session. This was informed by education minister Ranoj Pegu. Pegu presented the three bills pertaining to the department of education to the House. The bills include the following: The aforementioned bills passed on today’s thirteenth day of […]

First “Green Budget” Unveiled in Assam Assembly

Guwahati: The first-ever “Green Budget” was presented on Thursday during the ongoing budget session in the Assam Legislative Assembly. While addressing the assembly, Finance Minister Ajanta Neog said, “We recognize Climate Change as an imminent global threat and through the State Action Plan on Climate Change, we have been attempting to mainstream adaptation strategies into […]

5 Major Announcements in Assam Budget Session 2023-24

Guwahati: Assam’s budget session for 2023 includes five major announcements by the state administration, led by chief minister Himanta Biswa Sarma, with an emphasis on the empowerment of women, government workers, the education sector, religious organisations, etc. The deficit budget for Assam’s fiscal year 2023–24 was submitted to the assembly on Thursday by finance minister […]

Assam Budget 2023: TAI Applauds Business Provisions

Guwahati: The Tea Association of India (TAI) has praised the Assam budget for the fiscal year 2023–24, praising the continuation of the Assam Agri income tax exemption and the incentives announced under the Assam tea industry special incentive scheme (ATISIS). This comes after Assam’s finance minister, Ajanta Neog, unveiled the state’s budget for the years […]

Assam Budget 2023-24 To Be Tabled on March 16

Guwahati: Assam Finance Minister Ajanta Neog said that the state budget presentation for the fiscal year 2023–24 will take place on March 16. The budget will be presented in front of the Assam Legislative Assembly. Neog informed that the budget covers socio-economic aspects of the state and it involves little good news for women. Speaking […]