Highlights of the Assam Budget 2018

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Highlights of the Assam Budget 2018

G Plus News | March 12, 2018 19:45 hrs

Assam Finance Minister Himanta Biswa Sarma on 12th March presented the 1st e-Budget of Assam. The minister announced a number of schemes in the educational, health as well as developmental sectors for the fiscal year 2018-19.

The budget estimates showed Rs 90673.42 crores under consolidated fund. Of these, Rs 73119.50 crores were from revenue while Rs 16554.92 crores were from capital account. Budget deficit was calculated to be Rs 2149.04 crores.

Formally beginning to announce the budget, he said that the first e-Budget of Assam will stand for 3 elements - Ekatrikaran, Xomprosaran and Uttoron.

Highlights of the Assam Budget 2018:

  • Construction of a new bridge atop the Brahmaputra River connecting Panbazar with North Guwahati.
  • Guwahati to be the Start-Up Hub for Eastern India.
  • Allocation of Rs 77 crores for Silk Development Scheme.
  • Assam girls (aged 12-20) having family income below Rs 5 lakhs to be provided an annual stipend of Rs 600.
  • An annual scholarship of Rs. 2,000, Rs. 4,000, Rs. 6,000, Rs. 10,000 for girl students belonging to minority community studying in class 10th, 11th-12th, graduation & post-graduation, respectively.
  • Rs 250 crores allocated for scholarship scheme for girl children belonging to minority communities.
  • Tata Memorial Hospital to invest Rs 830 crores in Assam as Inclusive Cancer Control Programme.
  • Cashless health program worth Rs 400 crores announced. The program has been claimed to be among the biggest universal healthcare program in the country.
  • The government has approved the PRANAM Act, making it mandatory for all government employees to take care of their parents.
  • An amount of Rs 5 crore has been earmarked as seed money to create an Assam Climate Change Management Society to monitor Climate Change related matters and to co ordinate mitigating efforts.
  • Rs 256 crores allocated for development of professional colleges and universities.
  • Rs 200 crores allocated for development of state highways and major district road.
  • Rs 77 crores allocated for Mega Skill Development Scheme; 1.5 lakh youth to be covered in next 3 years.
  • Rs 7 crore earmarked for digitizing mode of payment in Tea Gardens. Each Sardar, around 20,000 in total, to be provided with a smartphone of around Rs 3000-5000.
  • Rs 250 crores allocated for infrastructural development of 6 large cities.
  • Unmarried daughters of pensioners can avail the pension benefit post death of the pensioner.
  • A pension scheme that covers each and every senior citizen of the State, irrespective of whether they are above poverty line or below poverty line. Each elderly citizen will be entitled to a monthly pension of Rs.250 per month.
  • Daily wage of Home Guards increased from Rs 250 per day to Rs 300 per day.
  • 2 seats reserved for aspiring medical students from North-eastern states that do not have a state medical college.
  • Rs 91 crores allocated for carrying out NRC works for 2018-19.
  • An appropriate legislation to be established to curb the rapid charging of fees by private schools.
  • Indigenous items like Jaapi, Sticky Rice, and traditional jewellery to be provided with Geographical Indication Status.
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Himanta Biswa Sarma and Sarbananda Sonowal

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