Photo Courtesy: nenow
Guwahati: Assam Finance Minister Jayanta Mallabaruah heads to the Legislative Assembly on Friday. He plans to drop the state's first full budget of the current government term. It follows a temporary vote-on-account delivered before the recent elections.
The state wants more jobs. Officials expect major cash allocations for skill development and entrepreneurship. These efforts aim to boost manufacturing and the service sector. Traditional trades like handloom and handicrafts will also see a push for better tech and market access.
Big industry is the main target. The budget will likely lean into recent commitments for semiconductors, electronics, and renewable energy. The government hopes to turn these investment promises into active projects while cleaning up the red tape for local businesses.
Agriculture stays in the mix. Farmers can expect money for irrigation, crop variety, and better market links. The government says it will keep spending on welfare schemes for women and students. They plan to use Direct Benefit Transfers for these payments.
Infrastructure remains a massive piece of the fiscal plan. Cash will flow into roads, schools, and hospitals. It is a tough balancing act. Mallabaruah faces pressure to maintain fiscal discipline while pushing for long-term growth. Tea bodies and investors are waiting for the final numbers. One observer noted the event is a "full-fledged Budget" that sets the state's fiscal and development priorities.
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