Assam boar GSDP growth 5.87 percent for 2013-2014

Assam CM, Tarun Gogoi

Assam CM, Tarun Gogoi

Guwahati, February 13, Jasmine Ahmed: Assam’s gross private commodity (GSDP) saw a growth of 5.87 percent in the Year 2013-2014 at continual prices (2004-2005), said Tarun Gogoi, Chief Minister of Assam, during presenting the provisional budget for 2014-2015 at the Assembly today. Chief Minister added that the State GSDP at recent prices all the while 2012-2013 was 12.56 percent. According to the first Estimate for 2013-2014, the per cardinal income has register a growth rate 4.63% at regular prices and 14.53% at recent prices in 2013-2014 over the past year in Assam.

The arrears position of Assam has also appreciable improvement since 2006-2007. The arrears-GSDP proportion has come down from 30.83 percent in 2005-2006 to 18.52 percent. In the same, the proportion of interest payment to total dividend receipts has dismiss from 18.62 percent in 2003-2004 to 6.87 percent in 2012-2013. Chief Minister of Assam tarun Gogoi and also Finance Minister of Assam said that the our State Finance have been very flawless and balanced for about ending ten years. The preparation Commission and ensuing Finance Commission have compliment our State for accomplished economic management. Tarun Gogoi also added; opening with 2008 when there was economic side and financial comperssion Globally and Nationally, our State could cross through the bitter times without any economic restraint. He also said, “I am confident that I shall be able to maintain this direction in the coming days too”. Hence, Gogoi said since the National expansion rate was “much down expectation” Assam would not endure totally isolate for a long time from Global and National movemnet. The midpoint, said Tarun Gogoi had reorient the centrally bankroll Schemes and decreased the number to 66. From coming year the central share below centrally bankroll schemes will beat through the build up fund of the State and it will be budget as ‘Central deal’ assitance to the State.