In 2018-19, the outstanding liabilities are expected at 17.6% of the GSDP. The Finance Minister, Dr. Himanta Biswa Sarma, presented the Budget for Assam for financial year 2019-20 on February 6, 2019. Figures 3 and 4 show the trend in deficits and outstanding liabilities targets from 2016-17 to 2020-21. Budget Highlights This is 9.2% lower than the revised estimates of 2017-18. This estimate is under the 3% limit prescribed by the 14th Finance Commission. Financial Year. Outstanding Liabilities:  It is the accumulation of borrowings over the years. The graphs below compare Assam’s expenditure on four key sectors as a proportion of its total budget, with 18 other states. Table of CONTENTS Abstract … In 2018-19, solid and liquid waste management activities will be taken up in 400 gram panchayats. PRS is an independent, not-for-profit group. Rs 8,519 crore has been allocated for elementary education. Fiscal deficit:  It is the excess of total expenditure over total receipts. ‘-’ sign indicates deficit; ‘+’ indicates surplus. GSDP for 2017-18 BE and 2017-18 RE is taken as Rs 2,58,337 crore. DISCLAIMER: This document is being furnished to you for your information. :  Growth in GSDP and sectors (2011-12 prices), The total expenditure in 2018-19 is targeted at Rs 90,270 crore. To give a boost to the weavers who belong to SC community, a ‘Livelihood Cluster Project’ will be implemented with a special focus on promotion of natural dye-based textiles. Budget Highlights: Proposal to enhance threshold limit for Registration under GST for supplier of goods to Rs 40 lakhs. In 2018-19, fiscal deficit is estimated to be Rs 9,774 crore, (2.9% of the GSDP). Table 2: Expenditure budget 2018-19 (Rs crore). 59 - Village & Small Industries Sericulture and Weaving. 12 new Community Health Centres will be constructed and existing Block Community Health Centres will be upgraded at a cost of Rs 369 crore. constructed with a cost of Rs 1,890 crore over a period of four years, and it will be funded by the New Development Bank. Assam Budget 2019-20 (Representational Photo) Assam Finance Minister, Himanta Biswa Sarma on Wednesday presented the fourth budget of the state for the fiscal year 2019 … The Finance Minister of Assam, Dr. Himanta Biswa Sarma, presented the Budget for financial year 2018-19 on March 12, 2018. Rs 15 crore has been allocated for rejuvenation of river Kollong. CSV; XLSX; PDF; Assam Budget 2019-20: Grant No. The estimates in the Assam Budget 2018-19 suggest that the state is expected to achieve this target of eliminating revenue deficit. A revenue surplus implies that the government is not required to borrow in order to finance its expenses which do not create capital assets. Revenue surplus:  It is the excess of revenue receipts over revenue expenditure. It increased from 17.1%  in 2016-17 to 17.6% in 2018-19. Assam Finance Minister, Dr. Himanta Biswa Sarma presented the State Budget for the Financial year 2019-2020 on the 6th of February 2019, at the Legislative Assembly. It is expected to generate Rs 4,041 crore in 2018-19. [1] The 18 states apart from Assam are: Andhra Pradesh, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Jammu and Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal. About 2% of the tax revenue will be generated through taxes on electricity, goods and passengers, and other taxes and duties. 06 - Land Revenue. Source: Annual Financial Statement (2017-18 and 2018-19), various state budgets; PRS. allocated to Bodoland Territorial Council as per the recommendations of the Assam State Finance Commission. Borrowings were also less than estimated by Rs 6,772 crore (63.4%). Assam Budget 2019-20: Grant No. Assam Budget 2019-20 Analysis | Assam Budget 2020-21 Assamese Pdf The Finance Minister, Dr. Himanta Biswa Sarma, presented the Budget for Assam for financial year 2019-20 on February 6, 2019. The budget estimates a revenue surplus of Rs 2,789 crore (0.8% of GSDP) in 2018-19. 06 - Land Revenue . Source: Assam Budget Documents and Budget Speech 2018-19; PRS. Find Union Budgets, State … Figure 1:  Growth in GSDP and sectors (2011-12 prices). A scheme to create awareness among senior citizens about the facilities available to them will be implemented. The Assam Fiscal Responsibility and Budget Management Act, 2005 provides annual targets to progressively reduce the outstanding liabilities, revenue deficit, and fiscal deficit of the state government. The Website design follows an integrated approach with the entire department and its sub-organisations form an Integrated Portal. Assam Budget 2019-20: Grant No. Services includes trade, transport, and financial services. Similar to last year, Rs 84 crore has been allocated for modernisation of police forces. Funds to the National Rural Employment Guarantee Scheme have seen a reduction of Rs 305 crore (26%). The revenue receipts saw a decline of Rs 16,960 crore (25.6%). Rs 200 crore has been allocated for re-construction and maintenance of roads and re-habilitation of bridges under the Axom Mala scheme. The Gross State Domestic Product of Assam for 2018-19 (at current prices) is estimated to be Rs 3,32,939 This is 28.9% higher than the budget estimate for 2017-18. Note:  2017-18 (BE), 2017-18 (RE), and 2018-19 (BE) figures are for the state of Assam. Get latest news updates as they happen on your phone, Download our app: Android: http://bit.ly/2ussJls , iPhone: http://apple.co/2usJEEm If you are willing to download Assam budget 2019, Assam state budget 2018 19 pdf and Assam budget speech of 2019 then you are in the right place. Rs 11 crore has been allocated for issuance of farmers’ identity cards. Rs 256 crore has been allocated for infrastructure development in colleges and universities in the state. Table 1: Budget 2018-19 - Key figures (Rs crore). Assam finance minister Himanta Biswa Sarma presented the state budget for the financial year 2019-20 on Wednesday at the Legislative Assembly. For Atal Amrit Abhiyan, a sum of Rs 400 crore has been sanctioned. Budget Highlights. In 2016-17, the actual total capital receipts of the state saw a decline of Rs 7,323 crore (65%) from the budgeted estimates. Taxes on vehicles will contribute Rs 737 crore, an increase of 29% over the revised estimates of 2017-18. This expenditure is proposed to be met through receipts (other than borrowings) of Rs 76,665 crore and borrowings of Rs 14,008. Figure 3: Revenue and Fiscal Deficit (as % of GSDP). This is an increase of 23% over the revised estimates of 2017-18. The Gross State Domestic Product (GSDP) of Assam for 2019-20 at current prices is estimated to be Rs 3,74,096 crore, which is 12.4% higher than the revised estimate for 2018-19. Rs 509 crore have been allocated to the secondary education department. Rs 600 crore has been sanctioned for construction of new roads and maintenance of old roads. Budget Speech . Rs 3,476 crore, with a state share of Rs 1,648 crore has been allocated to the Sarva Shiksha Abhiyan. Assam Budget 2019 brings a lot of offers and expectation for the middle-class family. It is expected to contribute Rs 10,529 crore. Rs six crore will be spent on upgrading the Police Training College at Dergaon. Stamp duty will contribute Rs 274 crore and land revenue will contribute Rs 254 crore, an increase of 10% over the revised estimates of 2017-18. In 2018-19, 300 habitations with affected water quality and 200 habitations which are partially covered habitations will be provided with safe drinking water. A comparison of Assam’s expenditure on key sectors with 18 other states can be found in the, : Department-wise expenditure for Assam Budget 2018-19 (Rs crore). The Department has seen an 8% reduction in funds from last year. Rs 18 crore has been earmarked for corrective dredging activities in the tributaries of Brahmaputra and Barak. A comparison of Assam’s expenditure on key sectors with 18 other states can be found in the Annexure. If you are willing to download Assam budget 2019, Assam state budget 2018 19 pdf and Assam budget speech of 2019 then you are in the right place. Budget Highlights. 42 - Other Social Services. Table 4: Break up of state government receipts 2018-19 (Rs crore). Figure 4:Outstanding liabilities targets (as % of GSDP), The graphs below compare Assam’s expenditure on four key sectors as a proportion of its total budget, with 18 other states.[1]. This section provides budget documents of Assam for the year 2019-20. Rs 16.5 crore has been earmarked to converge and rationalise various irrigation activities. Debt servicing is 5% lower than the revised estimates of 2017-18. of the total budgeted expenditure of Assam in 2018-19. The departments listed below account for 48% of the total budgeted expenditure of Assam in 2018-19. Assam finance minister Himanta Biswa Sarma Key Highlights The Assam Finance Department has decided to use social media platforms to inform and engage citizens on the state's 2019-20 Budget. Rs 4,546 crore, with a state share of Rs 2,242 crore has been allocated to the National Health Mission. The opinions expressed herein are entirely those of the author(s). CSV; XLSX; PDF; Assam Budget 2019-20: Grant No. Table 3: Department-wise expenditure for Assam Budget 2018-19 (Rs crore). Download Assam Budget 2019-20 Highlights & Analysis – PDF Assam Budget 2019-20 Assam finance minister Himanta Biswa Sarma presented the state budget for the financial year 2019-20 on 6th February, 2019 at the state Legislative Assam assembly. Total expenditure is the sum of revenue expenditure and capital expenditure. 42 - Other Social Services. Женщина нежно лижет анус приятного мужика, Girls equipped with big asses ready to get fucked hard. This implies that revenue receipts are expected to be higher than the revenue expenditure, resulting in a surplus. You may choose to reproduce or redistribute this report for non-commercial purposes in part or in full to any other person with due acknowledgement of PRS Legislative Research (“PRS”). CSV; XLSX; PDF; Assam Budget 2019-20: Grant No. Manufacturing includes construction and electricity. Open PDF. Total receipts for 2018-19 (other than borrowings) are expected to be 13.4% higher than the revised estimates of 2017-18. : Budget 2018-19 - Key figures (Rs crore). We will provide download links of Assam state budget 2018 pdf, Assam state budget … Sources: GSVA by Economic Activities, Central Statistics Office; PRS. Debt as a percentage of GSDP has increased in the last two years. The budget estimates a revenue surplus of Rs 2,789 crore (0.8% of GSDP) in 2018-19. Cess on green tree leaves has been completely exempted from the current 10 paise per kg. Notes: BE is Budget Estimate; RE is Revised Estimate. This option provides the details of the sub organisations and links to their respective websites. Department of Water Supply and Sanitation is expected to witness a 57.8% increase in allocation. In 2016-17, grants-in-aid from the centre were lower than budgeted by Rs 13,162 crore (51%). Note:  Figures for 2019-20 and 2020-21 are projections. Assam Budget 2019-20: Grant No. Note: Total expenditure is the sum of revenue expenditure and capital expenditure. Assam Budget 2019 | 28th Jan, 2019 #VidhanSabha #VidhanSabhaBudget #Budget2019 News18 Assam is one of the Assam’s leading news channel. The 14, : Budget targets for deficits for Assam 2018-19 (% of GSDP), : Revenue and Fiscal Deficit (as % of GSDP), :Outstanding liabilities targets (as % of GSDP). Further, the government is expected to generate Rs 1,300 crore through state excise duty.

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