Assam Finance Minister Ajanta Neog presented a Rs 2.9 lakh crore budget for the 2024-2025 financial year with a deficit of Rs 774.47 crore and proposed no new tax.
Budget
Assam Finance Minister Ajanta Neog presented a Rs 2.9 lakh crore budget for the 2024-2025 financial year with a deficit of Rs 774.47 crore and proposed no new tax. The government will support the education of 10 lakh girls up to post-graduation level in order to eliminate child marriage from society. The Budget Estimates of 2024-25 show a receipt of ₹1,43,605.56 crore under the Consolidated Fund of the state. After adding the receipt of ₹1,44,550.08 crore under Public Account and ₹2,000 crore under Contingency Fund, the aggregate Receipts amount to ₹2,90,155.65 crore. As against this, the total expenditure from the Consolidated Fund in 2024-25 is estimated at ₹1,43,890.62 crore. The expenditure of ₹1,42,670.09 crore under the Public Account and ₹2,000 crore under the Contingency Fund, the aggregate expenditure for the year is estimated at ₹2,88,560.71 crore. The Gross State Domestic Product (GSDP) is expected to reach Rs 6.43 lakh crore in the next financial year, compared to Rs 5.7 lakh crore in 2023-24.
Capital- Dispur; Region- Northeast India
Chief minister- Himanta Biswa Sarma
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