State's financial position on firm ground: Assam Finance Minister Ajanta Neog

STAFF REPORTER

GUWAHATI: Due to sound management, the present financial position of the Government of Assam is on firm grounds. This has been emphasised by State Finance Minister Ajanta Neog here on Wednesday.

The Minister added, "It is because of the State's sound financial position that the State government has been successfully implementing various pre-poll promises given to the masses. We are simultaneously taking up several development schemes across Assam."

Minister Neog flayed a section of the political parties for criticising the government on what they allege to be a "poor financial position of the State government". "Their data is not correct!" added the Minister

Referring to the State-level Bank committees' meeting held in the city earlier during the day, State Finance Minister Ajanta Neog added, "The Banks have drawn up an annual 'Credit Plan' for Assam amounting to Rs 31,000 crore for fiscal 2021-2022. I appeal to the Banks to ensure that the plan amount is disbursed to the Assam government within the stipulated timeframe. I have also asked the Banks to improve the CD (Credit Deposit) Ratio in Assam.

The Finance Minister pointed out, " The State government has initiated moves to set up 1,000 Anganwadi centres in the tea garden areas of Assam. We will also upgrade the existing centres. Steps have also taken to waive the MF (Micro Finance) loans of the State's women beneficiaries."

On the means taken to boost the revenue resources of the State government, Finance Minister Neog added, "The State government has invested in NRL (Numaligarh Refinery Limited) among others. There is also a rise in Forest royalty as of date. This is a positive development after we had plugged a number of loopholes in that sector.

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