Assam’s financial condition stable: Gogoi

Guwahati, Oct 19 (IANS) Assam Chief Minister Tarun Gogoi on Monday said the financial condition of the state was stable and not grim as made out by the BJP.

The state government has been regularly paying salary to its employees on time besides Dearness Allowance (DA) at par with the central government employees, said the chief minister.

“The financial condition is quite stable and not grim as painted by the BJP,” he said, adding that the BJP-led NDA government at the Centre has squeezed the fund flow to Assam by changing the funding pattern and suspending the Northeast Industrial Investment Promotion Policy and withdrawing the special category status to the state.

Gogoi said the state has stabilised the financial condition through a slew of fiscal discipline and management measures.

“NABARD projects worth Rs.750 crore have been sanctioned this year and the state has bagged externally-aided projects worth Rs.300 crore,” Gogoi said.

The state government would avail whopping loans from BRICS New Development Bank and Asian Infrastructure Investment Bank soon, he added.

He said the state has taken up an ambitious plan worth Rs.900 crore for developing the inland water transport infrastructure, adding that the state finance department would soon release Rs.300 crore to the Panchayati Raj Institutions and urban local bodies.

Gogoi said that though the central government has stopped funds to the Zila Parishad, Anchalik Parishad, autonomous councils and sixth Schedule Areas, the state government has been providing funds from its own resources.

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