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Assam spent Rs 1 lakh cr in FY 2021-22: CM
TIWN
Assam spent Rs 1 lakh cr in FY 2021-22: CM
PHOTO : TIWN

Guwahati, April 2 (TIWN) Assam Chief Minister Himanta Biswa Sarma on Friday said that in the financial year 2021-22, the northeastern state has spent Rs 1 lakh crore, taking it at per with the big states of the country in terms of annual spending.

Speaking in the state assembly, Sarma said for the first time, Assam has achieved a "milestone". "In 2016, our state's spending was at Rs 42,000 crore, and now we are eyeing to take it to Rs 1.5 lakh crore this year (2022-23)." 

Sarma said that Transport Department has collected a revenue of Rs 1,000 crore and the GST collection has also increased while the central sector grant transfer was positive.  The Chief Minister told the house that during the period of 2015-16 to 2019-20 Assam's GDP growth stood at 8.9 per cent against the national growth of 6.7 per cent.  Despite Covid-19 pandemic, during 2020-21, Assam witnessed positive growth.  "Assam's growth is 95 per cent. Our state is among the few states in the country which witnessed positive growth during last fiscal year."

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