Assam Government presents Rs 2.9 lakh crore budget for 2024-2025 fiscal year

The Assam government unveiled its budget for the 2024-2025 financial year, amounting to Rs 2.9 lakh crore, with a deficit of Rs 774.47 crore and no proposed new tax.

Finance Minister Ajanta Neog, presenting the annual financial statement, announced initiatives to support the education of 10 lakh girls up to the post-graduation level to combat child marriage in society.

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Neog highlighted that the Budget Estimates for 2024-25 projected receipts of Rs 2,90,155.65 crore, comprising Rs 1,43,605.56 crore under the Consolidated Fund of the state, Rs 1,44,550.08 crore under Public Account, and Rs 2,000 crore under Contingency Fund.

In terms of expenditure, the minister noted that the total expenditure from the Consolidated Fund for 2024-25 is estimated at Rs 1,43,890.62 crore. Additionally, considering expenditure under the Public Account and the Contingency Fund, the total expenditure for the year is projected to be Rs 2,88,560.71 crore.