FICCI) Northeast Advisory Council and Assam State Council have welcomed the Assam State Budget for 2024-25. The budget's strategic allocations and visionary initiatives are poised to catalyse sustainable development, economic revitalization, and social empowerment across the state, it said.
Ranjit Barthakur, Chairman of FICCI Northeast Advisory Council, lauded the Assam State Budget 2024-25 for its integrated approach towards development, particularly emphasizing the budget's dual focus on enhancing infrastructure and supporting social and environmental initiatives.
«The budget smartly navigates Assam's development path by significantly increasing capital expenditure to Rs. 16,338 crore in FY 2022-23, from Rs. 2,951 crore in FY 2015-16, demonstrating an unparalleled commitment to infrastructure. Equally commendable is the allocation of Rs. 2445.71 crore to the Agriculture Department for sustainable practices, Rs. 2369.86 crore for transforming 322 schools, and a visionary Rs. 1207.25 crore towards the Environment and Forest Department. The allocation of Rs. 40 crore for the Amrit Brikshya Andolan, aiming to plant 3 crore saplings, marks a significant step towards environmental conservation. This is in line with the global sustainability commitments he said. These figures highlight the government's balanced approach to achieving economic growth, social welfare, and environmental sustainability,» he elaborated.
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Ravi Kr. Patwa, Chairman, FICCI Assam State Council, highlighted the budget's focus on fiscal