#AssamBudget Finance Minister Ms. Ajanta Neog presented the 2021-22 Budget for the state on July 16. Here are some highlights from our analysis:

#assambudget2021
#assambudget2021 The Gross State Domestic Product (GSDP) of Assam for 2021-22 (at current prices) is projected to be Rs 3,77,102 crore. This is an annual increase of 4% over the GSDP of 2019-20. In 2020-21, the GSDP of Assam is estimated to grow by 6.4% over the previous year.
#assambudget2021 Total expenditure for 2021-22 is estimated to be Rs 1,07,556 crore, an annual increase of 14% over the actual expenditure in 2019-20. Total receipts (excluding borrowings) for 2021-22 are estimated to be Rs 88,992 crore, an annual increase of 17% over 2019-20.
#assambudget2021 Fiscal deficit for 2021-22 is targeted at Rs 15,028 crore (3.99% of GSDP). In 2020-21, the fiscal deficit is estimated to be 8.05% of GSDP as per the revised estimate, higher than the budget estimate of 2.3% of GSDP.
#assambudget2021 5 new medical colleges will be established to improve the quality of health services. 3 new engineering colleges will be established at Bongaigaon, Behali, and Sualkuchi. State university will be established in Karbi Anglong for students in hill districts.
#assambudget2021 Expenditure on key sectors:
Education: 19.3%
Roads and Bridges: 9.0%
Health: 7.1%
#assambudget2021 Expenditure on key sectors:
Agriculture: 5.4%
Rural Development: 5.1%
Police: 5.0%
Read our full budget analysis here: prsindia.org/files/budget/b…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with PRS Legislative

PRS Legislative Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @PRSLegislative

12 Sep
On this day in 1996: Prime Minister HD Deve Gowda introduced the Constitution (81st A) Bill in Parliament to reserve a third of the seats for women in the Lok Sabha and State Assemblies.

In 1996 (the 11th LS), there were 41 women in the House. Today, in the 17th LS, there are 79
Since then, the guarantee for greater representation of women in politics have featured in many Presidents’ speeches and in election manifestos of national and regional parties.

3 more attempts to provide such a constitutional mandate were made in 1998, 1999 and 2008.
Those opposed to reservation for women argue that universal adult franchise is enough. They hold that reservation would be seen as not competing on merit. Ms. Renuka Ray, speaking in the Constituent Assembly debate, had called it an insult to women’s intelligence and capacity.
Read 13 tweets
17 Aug
#TNBudget2021: Tamil Nadu Finance Minister Dr. Palanivel Thiaga Rajan presented the budget for the state on Friday:

Here are some highlights from our analysis: 👇
#TNBudget2021: The Gross State Domestic Product (GSDP) in 2021-22 (at current prices) is projected to be Rs 21,36,351 crore, an annual increase of 8% over the GSDP in 2019-20.

In 2020-21, GSDP is estimated to increase by 5.3% over 2019-20 (budget estimate was 13%).
2/
#TNBudget2021: Total expenditure for 2021-22 is estimated to be Rs 3,29,035 crore, an annual increase of 13% over the actual expenditure in 2019-20.

Total receipts (excl. borrowings) for 2021-22 are estimated to be Rs 2,08,553 cr, an annual increase of 7.7% over 2019-20.
3/
Read 8 tweets
19 Mar 20
Currently in discussion in #LokSabha: The Institute of Teaching and Research in Ayurveda Bill, 2020.

#BudgetSession2020
The Bill seeks to merge three Ayurveda institutes into one- Institute of Teaching and Research in Ayurveda. The Bill also declares it as an institution of National Importance.

#BudgetSession2020
It will be situated in the campus of Gujarat Ayurved University, Jamnagar.

#BudgetSession2020
Read 6 tweets
11 Feb 20
In #LokSabha, FM outlined a 13-point plan to improve public and private investments:

1. The amendment to IBC helped fast tracking the insolvency resolution process

2. Rs.103 lakh cr worth of projects have been announced in the National Infrastructure Pipeline

#BudgetSession
3. Reduced corporate tax rate for domestic companies to 22% without any exemptions; Minimum Alternative Tax removed

4. Infusion of Rs. 60,314 crore till November 2019 into public sector banks

#BudgetSession2020
5. Strong banks are an imperative to achieve the $5 trillion economy. Efficiency gains from the consolidation of public banks exercise is expected to bring down the cost of lending

#BudgetSession2020
Read 9 tweets
3 Feb 20
(1/n) The 15th Finance Commission, chaired by NK Singh submitted its first report consisting of recommendations for the FY 2020-21.

tinyurl.com/15thFCReportSu…
Highlights from our summary: 👇
(2/n) The share of states in the Centre’s taxes is recommended to be decreased from 42% during the 2015-20 period to 41% for 2020-21. The 1% decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the Central govt.
(3/n) The table below shows the criteria used for the Centre-State revenue share and the change in weights for each criterion. The 15th FC introduces a new criteria for demographic performance, reintroduces tax effort and replaces forest cover with forest and ecology.
Read 9 tweets
22 Nov 19
INTRODUCED in LOK SABHA: The Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Bill, 2019
Following global concerns over their potential impact on individual and public health, India introduced the Bill today, replacing an Ordinance issued in September. India is among 30-odd countries to have banned e-cigarettes, including Brazil, Mexico and Thailand.
Over 98 other countries such as the UK, Canada, and France have used a range of regulatory mechanisms such as prohibiting sale to minors, prohibiting use in public places, and regulating the amount of nicotine allowed in e-cigarettes.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(