Assam: Special recruitment drive to regularize 35,000 SSA teachers
This announcement was made by Assam Chief Minister Himanta Biswa Sarma on Friday.
Assam state Finance Minister Ajanta Neog on Tuesday said that all outstanding loans owed by the state government would be fully repaid by the year 2025.
In her statement on the second day of the Budget Session, Neog highlighted the progress in clearing the debt, mentioning that loans acquired by the government from 2001 to 2015 had already been settled.
She said that audits are underway for the remaining debt from 2023, with plans to clear it by year-end.
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According to data released by the assembly, the state government’s loan debt from 2016-17 to 2022-23, currently under audit, amounts to Rs 25,902.16 crore.
The cumulative debt incurred during the BJP’s tenure, from 2016 under former Chief Minister Sarbananda Sonowal to the current Chief Minister Himanta Biswa Sarma, totals Rs 1,09,071.22 crore.
Breakdowns of the loan debt reveal figures for each financial year, with amounts ranging from Rs 5,649.45 crore in 2016-17 to Rs 17,148.41 crore in 2021-22.
The loans were primarily intended for various development schemes.
The data also illustrates a significant increase in loan debt over the years, from Rs 4,543 crore in 2014-15 to Rs 16,338 crore in 2022-23. It’s noted that the government has steadily repaid loans, with Rs 22,790 crore cleared from 2001-02 to 2013-14.
As of March 31, 2021, the total loan undertaken was Rs 82,741.07 crore, which rose to Rs 1,15,751 crore by March 31, 2023, encompassing the fiscal year 2022-23, currently under audit.
Despite these figures, the Finance Minister reaffirmed the government’s commitment to timely repayment, assuring that all debts would be settled within the prescribed time frame.
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