Reports on lockdown impact on Assam economy submitted to CM

GUWAHATI: State Innovation and Transformation Aayog (SITA) has handed over four reports on the impact of the lockdown on Assam’s economy to chief minister Sarbananda Sonowal on Tuesday.

The studies and plans have been prepared by SITA with a view to support the Assam government in its efforts to rebuild the state’s economy, which has taken a hit after the coronavirus induced nationwide lockdown was imposed since March 25, 2020.

The studies include a report on economy drafted in collaboration with OKD Institute of Social Change and Development, report on agriculture and allied activities of Assam in collaboration with international consultancy services organization KPMG, report on tea industry of Assam in collaboration with Ernst & Young and a report on industry and commerce of Assam in collaboration with various industry chambers.

Sonowal, while appreciating the initiative of SITA, said that the reports would be very handy in guiding the Assam government in rejuvenating the state’s economy. He said that though different sectors of the economy were adversely affected by the lockdown, there were enough avenues in the state to rebuild the economy.

Underling the benefit that can be accrued from the economic stimulus package announced by the Prime Minister recently, the chief minister urged SITA to work in collaboration with state finance department to ensure visible result in the economy from the package.

Stating the need for making banks accountable for expeditious sanction and disbursal of loans to the MSME sector, he suggested the need for holding meetings with banks and developing a mechanism for successful implementation of the package

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