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Assam among top 5 growing states, says CM citing eco survey

In a media briefing, CM Himanta Biswa Sarma highlighted key economic indicators, stating that bank deposits in Assam rose from ₹1.71 lakh crore in 2021 to ₹2.24 lakh crore in 2023-24, marking a remarkable 30% increase over three years.

News Arena Network - Guwahati - UPDATED: July 26, 2024, 06:53 PM - 2 min read

Chief Minister Himanta Biswa Sarma.

Assam among top 5 growing states, says CM citing eco survey

Chief Minister Himanta Biswa Sarma.


Assam has achieved a significant milestone, being ranked among the top five fastest-growing states in India, according to Chief Minister Himanta Biswa Sarma.

 

He attributed this progress to the government's various developmental initiatives and policies.

 

In a media briefing, CM Sarma highlighted key economic indicators, stating that bank deposits in Assam rose from ₹1.71 lakh crore in 2021 to ₹2.24 lakh crore in 2023-24, marking a remarkable 30% increase over three years.

 

On the credit front, Sarma noted that bank loans disbursed increased from ₹80,871 crore in 2021 to ₹1.27 lakh crore in 2024. Additionally, the state's traditional Credit/Deposit (C/D) ratio has improved from 32% to 58%, as per the economic survey.

 

Sarma also addressed the unemployment rate, revealing a decrease from 8% in 2022-23 to 6.1% currently, indicating a positive trend in job creation.

 

In a separate discussion, Sarma met with Union Minister Ashwini Vaishnaw to enhance railway connectivity in Assam.

 

They explored the establishment of rail manufacturing entities in the state and discussed the possibility of direct train services between Kamakhya and Ayodhya, catering to devotees.

 

Sarma also proposed train services between Assam’s Barak Valley and West Bengal via Bangladesh, which the Railway Ministry has assured will be prioritised.

 

He praised the Union Minister for increasing the allocation for rail connectivity in Assam in the Union Budget for 2024.

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