GUWAHATI: To combat the tough economic situation Assam is facing due to the ongoing lockdown as a measure to prevent the coronavirus pandemic, the finance department of the state has announced a slew of austerity measures.
The decisions were taken after a cabinet meeting was held by Chief Minister Sarbananda Sonowal.
Earlier, in a press conference held by state finance minister Himanta Biswa Sarma, on April 29, he had informed that the state economy is facing losses as the GST collected by the state government in April are significantly low this year compared to 2019.
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Further, Sarma mentioned that the state government requires Rs 3600 crores per month to pay the salaries of the government employees, pension and interest of loans. The central government has released Rs. 1200 crores and the rest has been arranged by the state inspite of low tax procurement.
As such, the following measures have been taken to balance the economy of the state for the coming months.
