CM Sarma: Focus on Wealth Creation, Not Debt—₹58,000 Cr Available for Immediate Use

CM Sarma: Focus on Wealth Creation, Not Debt—₹58,000 Cr Available for Immediate Use

CM Sarma: Focus on Wealth Creation, Not Debt—₹58,000 Cr Available for Immediate Use

  • Assam’s Strong Financial Position: Chief Minister Himanta Biswa Sarma reaffirmed the state’s robust financial health during his address in the Assembly.
  • Sustainable Debt Management: He emphasized that 50% of the state’s debt is allocated for wealth creation, ensuring long-term economic benefits.
  • Strategic Investments & Assets: Assam’s financial stability is backed by:
    • 17 public sector undertakings valued at ₹40,000 crore
    • Investment of ₹6,500 crore in Numaligarh Refinery Ltd. (NRL)
    • Deposits of ₹7,467 crore with the Reserve Bank of India (RBI)
    • Additional investments, including ₹7,467 crore in the CM Samagra Gramya Unnayan Yojana
  • Total Financial Assets: Assam holds assets worth ₹58,000 crore, which can be liquidated if required.
  • Vision for Growth: The government’s approach focuses on sustainable wealth creation, ensuring a financially secure future for the state.
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