Assam’s own revenue collection jumps 83 percent in four years

Staff Reporter

Guwahati: In the past four years, the Assam government has increased its own revenue collection by 83%. This has been possible due to reforms in tax administration in the state.

Official sources said that the heads of revenue collection are taxes, excise, transport, stamp and registration, mines and minerals, forest and other non-tax heads. In 2020-21, the total revenue collection from all sources was Rs 19,930 crores, which has increased to Rs 36,549 crores in 2024-25. Thus, the hike in revenue collection works out to 83%.

Sources also said Assam’s fiscal health has seen major improvements due to prudent financial management witnessing rapid growth. Simultaneously, Assam maintained a positive revenue balance, ensuring that public investment has been used for economic growth-driving activities in the past four years.

Sources further said, in the financial year 2024-25, the Assam government demonstrated significant fiscal discipline and efficiency, achieving a record high budget utilisation rate of 86%. Actual expenditure stood at Rs 1,44,702 crores, against a budget provision of Rs 1,68,673 crores. Capital expenditure witnessed a substantial increase, rising to Rs 25,354 crores in 2024-25 from Rs 12,487 crores in 2020-21, reflecting a robust growth of 103%.

According to sources, the size of ongoing externally aided projects has increased substantially from around Rs 1500 crores worth of projects being implemented in 2021 to around Rs 42,000 crores worth of projects in the past four years, and the total portfolio, including the pipeline projects, has reached around Rs 59,000 crores.

Sources also said that Assam is firmly committed to transitioning towards a more diversified and resilient economy, with sustained growth across multiple sectors. In recent years, the state has witnessed remarkable economic expansion, driven by strategic investments, sectoral reforms and improved governance, laying a strong foundation for inclusive and sustainable development.

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