Assam has been recognised as one of the top five fastest-growing States in Bharat, according to Chief Minister Himanta Biswa Sarma. The CM attributed this achievement to the State’s strategic developmental initiatives and government policies.
In a media briefing, Himanta Sarma highlighted key economic indicators from the recent economic survey, stating, “In 2021, the state bank deposits were Rs 1.71 lakh crore, which surged to Rs 2.24 lakh crore by 2023-24, marking a significant 30 per cent increase over three years. This reflects a robust economic growth.”
He also pointed out that bank loans have seen a substantial rise, from Rs 80,871 crore in 2021 to Rs 1.27 lakh crore in 2024. The traditional Credit/Deposit (C/D) ratio improved dramatically from 32 per cent to 58 per cent.
Addressing unemployment, Himanta Sarma noted a decrease from 8 per cent in 2022-23 to 6.1 per cent.
In related developments, CM Himanta recently discussed enhancing railway connectivity in Assam with Union Minister Ashwini Vaishnaw. They explored the establishment of rail manufacturing facilities in the State and the potential introduction of direct train services between Kamakhya and Ayodhya, as well as a proposed route linking Assam’s Barak Valley with West Bengal via Bangladesh.
Himanta Sarma praised the Union Minister for increased rail connectivity allocations in the Union Budget 2024.
