Monday, December 16, 2024
spot_img

Gogoi releases white paper on Assam’s finances

Date:

Share post:

spot_img
spot_img

Guwahati: Assam Chief Minister Tarun Gogoi on Saturday released a white paper on the state’s finances, and said the erstwhile Congress-led government at the Centre gave more funds to the state then the incumbent BJP-led regime.
Giving statistics on the average fund transfer from the Centre during the United Progressive Alliance (UPA) and the National Democratic Alliance (NDA) tenure, Gogoi dared the BJP-led government to prove him wrong by publishing a similar white paper.
“The average fund transfer rose from Rs.3,798 crore during the NDA tenure — 1998-99 to 2003-04 — to Rs.12,760 crore during the UPA tenure — 2004-05 to 2013-14, which was almost four times more than what the state government received during the previous regime.
“As a whole, while only Rs.22,734 crore was received by the state between 1998-99 to 2003-04, Rs.1,27,595 crore was received between 2004-05 to 2013-14 as transfer of funds from the central government,” Gogoi said.
He said Assam has been able to achieve a remarkable turnaround in the last 10 years due to a number of reforms undertaken by the Congress government.
“The fiscal reform measures adopted by the state have started yielding favourable results from 2005-06 onwards. In 2005-06, revenue and fiscal deficits were not only wiped out but became comfortably favourable,” he said.
“Till 2008-09, compared to some other states like Tamil Nadu, Maharashtra, Gujarat and Uttar Pradesh, flow of funds to Assam under externally aided projects (EAP) was not up to the expected level.
“However, in the past years, flow of funds to the state through EAPs has been increasing substantially. While there were only two EAP projects prior to 2001, 22 projects have been brought by the state government since then, with more than Rs.17,000 crore,” he said.
The chief minister said that the per capita income which stood at Rs.12,803 prior to 2001, rose to Rs.42,036 in 2013-14.
The annual plan size rose from Rs.1,521.28 crore to Rs.12,500 crore in 2013-14.
“The government has no overdraft and no ban from the RBI now and the total deposit has risen from Rs.19,992.71 crore in 2000-01 to Rs.76,795.25 crore in 2013-14,” he said.
“During 2013-14, when the UPA government was in power at the Centre, Assam received an allocation of Rs.18,000 crore from the central government, out of which Rs.17,568.83 crore was central assistance to state plans (CASP).
“However, out of this amount, the NDA government, which came to power in May 2014, released only Rs.12,507.85 crore resulting in a loss to the tune of Rs.5,060.98 crore to the allocation made by the Centre,” he said. (IANS)

spot_img
spot_img

Related articles

Will end naxalism in Chhattisgarh by March 2026: Amit Shah

Raipur, Dec 15: Union Home Minister Amit Shah on Sunday reiterated the government’s resolve to rid Chhattisgarh of...

Hindu leaders demand apology from Rahul Gandhi on Dronacharya-Eklavya remark

New Delhi, Dec 15 : As Leader of Opposition in the Lok Sabha Rahul Gandhi compared the actions...

Parliamentarians unite over cricket match, raise awareness about eradicating TB by 2025

New Delhi, Dec 15 : In a unique blend of sports and social awareness, political leaders from both...

Armstrong murder case: 23 accused shifted to Puzhal central prison for security reasons

Chennai, Dec 15: The Tamil Nadu Prison Department shifted 23 people, accused of the murder of BSP state...