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Assam budget 2019: The key highlights

Assam budget 2019: The key highlights

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  6 Feb 2019 7:57 AM GMT

Guwahati: The Budget session in Assam Assembly has kicked off on Wednesday with Finance Minister Himanta Biswa Sarma presenting the state budget for the financial year 2019-20. Notably, this is the 4th budget of the BJP government in Assam during their present tenure. The highlights of the state FM’s budget speech are as follows:

  • Every student from the tea garden will get a stipend of Rs.10,000 every month
  • One tola of gold to brides of all communities whose annual family income is below Rs.5 lakh
  • Rice at Rs. 1 per kg instead of the present rate of Rs 3 per kg which is aimed at benefitting 53 lakh households
  • Free textbooks to students up to degree level studying in all three streams (Science, Arts and Commerce) whose parental income is below Rs 2 lakh per annum
  • Free uniform scheme extended for students of class IX and X at a cost of Rs.700 per year
  • A subsidy of Rs.700 per month for 10 months to every student irrespective of economic status
  • Girl students securing 1st division and above in higher secondary exams to receive “e-bikes”
  • A bank deposit of Rs.50,000 each to 15,700 student’s loan account
  • Monthly assistance of Rs.1000 to divyangyans
  • Monthly pension of Rs.250 for widows above the age of 60 years
  • Immediate assistance of Rs.25,000 for widows under the age of 40 years
  • A capital subsidy of Rs.50,000 to each Self-Help Group for bank loans to Rs.63,000
  • Newly adopted SHGs will be provided with an initial revolving fund of Rs.25,000 per SHG
  • Cashless healthcare scheme for patients whose annual income is Rs.5 lakh or less for 6 critical diseases – Cancer, Heart disease, Neurology, Neonatology, Kidney disease and burns.
  • Old age pension scheme increased to five times from Rs.50 to Rs.250 per month
  • 2.5 lakh subsidy for citizens who want to avail home loans up to Rs.40 lakh
  • 2 lakh each to the religious institutions as an annuity grant
  • One time grant of Rs.1 lakh to religious places for setting up CCTV cameras
  • Rs 10 lakh to over 800 religious destinations for improving the infrastructure in and around the temple
  • 150 crore allocation for improving the road linking the religious, spiritual, historic and tourists destinations
  • Giant statues of three monarchs of Assam, Kumar Bhaskaravarman, Chaolung Siu-Ka-Pha and Maharaj Nara-Narayana, to be built at the state secretariat
  • 1000 number of timber bridges to be converted into RCC bridges

More updates awaited...

Also read: State budget to be presented today by Finance Minister Himanta Biswa Sarma

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