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Assam Budget Session To Commence Today with Focus on Realistic Fiscal Goals

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The Assam Budget session is all set to kick off on Monday at the new legislative assembly building in Guwahati, with Finance Minister Ajanta Neog set to present the budget for the fiscal year 2024-25 later today. Neog, representing the Golaghat assembly seat, has promised a “realistic” budget, marking her fourth consecutive budget presentation under the leadership of Chief Minister Himanta Biswa Sarma.

Assam Budget Session To Commence From Today

Scheduled to extend until February 28, the session holds significant expectations, with Governor Gulab Chand Kataria addressing the assembly on the inaugural day. The Assam Budget for 2024-25 is slated for presentation on February 12.

Amid the proceedings, Chief Minister Sarma is anticipated to introduce two crucial bills aligned with earlier announcements. The Assam Public Examination (Measures for Prevention of Unfair Means in Recruitment) bill, 2024, is set to be tabled, aiming to address issues of cheating and unfair means in public examinations.

Additionally, Jayanta Mallabaruah, the Assam cabinet minister for tourism, is expected to present the Assam Tourism (Development and Registration) bill, 2024 on the first day of the budget session. This bill aims to enhance the tourism appeal of the state, underscoring the government’s commitment to the sector’s growth.

Earlier pronouncements by Finance Minister Ajanta Neog indicated a positive economic trajectory for Assam. She projected that the state’s GDP estimates would rise from Rs 3.93 lakh crore in 2021-22 to Rs 5.5 lakh crore in 2023-24. Neog also proposed the implementation of a scheme aimed at promoting microentrepreneurs, fostering self-employment opportunities for unemployed youths in below poverty line (BPL) families and low-income households.

As the Assam Budget session unfolds, all eyes are on the financial roadmap presented by Ajanta Neog, with hopes that the state’s economic policies will contribute to sustainable growth and development.

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