Forward of the meeting polls in Assam, Finance Minister Himanta Biswa Sarma on Friday offered a vote-on-account for Rs 60,784.03 crore within the Home and withdrew an extra cess on petrol and diesel, making the fuels cheaper by Rs 5 per litre.
He additionally proposed to take away an extra cess of round 25 per cent imposed on alcoholic drinks within the final yr.
“Speaker sir, on the peak of COVID-19, we had levied further cess on petrol, diesel and liquor. Now, the variety of sufferers has diminished… I’m grateful to my cupboard colleagues who agreed to my proposal this morning to rescind this extra cess. Therefore, petrol and diesel will turn into cheaper by Rs 5 per litre with impact from midnight tonight, benefiting lakhs of shoppers throughout Assam,” Sarma mentioned in his speech.
The finance minister offered the vote-on-account for an mixture expenditure of Rs 60,784.03 crore for the primary six months of the present fiscal.
Gross State Home Product (GSDP) rose from Rs 2,02,080.85 crore to Rs 2,48,796.15 crore between 2016-17 and 2019-20 at fixed costs.
The annual development fee stood at 7.71 per cent within the interval as towards the speed of 6.11 per cent on the nationwide degree.
“At present costs, the GSDP rose from Rs 2,54,382.36 crore in 2016-17 to Rs three,51,317.77 crore in 2019-20 at an annual development fee of 12.7 per cent as towards the all-India development fee of 10.72 per cent,” Sarma mentioned within the final price range of the primary BJP-led authorities within the state.
In the course of the interval, the per capita revenue of Assam rose from Rs 66,330 in 2016-17 to Rs 90,692 in 2019-20. The elections to the 126-member state meeting are prone to be held in March-April.
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