Finance Minister Jayanta Malla Baruah File Photo | IANS
Assam

Assam Budget triples to Rs 2 lakh crore as government targets growth and inclusive development

As Finance Minister Jayanta Malla Baruah presented his first Budget, CM Himanta Biswa Sarma said it would drive growth and improve lives.

TNIE online desk

GUWAHATI: Assam Chief Minister Himanta Biswa Sarma on Friday said the state's Budget has tripled to Rs 2,00,782 crore, with fund utilisation reaching 85 per cent.

As Finance Minister Jayanta Malla Baruah presented his maiden Budget, Sarma said on X that Assam was undergoing an economic renaissance, with the Budget designed to drive growth while improving the lives of its people.

"Our Budget size has increased three-fold to Rs 2,00,782 crore in 2025–26, and all economic indicators have a positive outlook," Sarma wrote.

He added that the state's per capita income had risen threefold from Rs 60,817 in 2015–16 to Rs 1,85,429 in 2025–26, while Assam's own tax revenue had grown to Rs 39,294 crore.

Baruah said the Budget reflects the government's commitment to fiscal discipline, inclusive growth and meeting the aspirations of every citizen.

He said the financial plan was based on the party's Sankalp Patra (election manifesto) and would lay the foundation for a stronger, more self-reliant and developed Assam.

"Today, I have the privilege of presenting the Assam Budget 2026 under the visionary leadership of Chief Minister Himanta Biswa Sarma," Baruah said in a post on X.

(With inputs from PTI)

Stolen Ram temple donation funds invested in shares, police freeze 30 bank accounts

Ram temple donations 'theft': AAP to launch signature campaign seeking strict punishment for 'culprits'

Despite Trump’s wishes, Iran is dragging the US into a long war

Heavy rain shuts schools in Himachal's Sirmaur, Solan; MeT warns of flash floods, landslides

Wayanad landslide toll rises to seven; one person still missing

SCROLL FOR NEXT