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Posted on Mar 11, 10:44PM | IBNS
By Hemanta Kumar Nath, Guwahati, Mar 11 : Presenting the budget for financial year 2013-14 in the Assam Legislative Assembly, Chief Minister Tarun Gogoi, who holds the finance portfolio said that the cost of metro rail project for Guwahati city has been estimated at Rs 1,600 crores in the next financial year.
The Assam state budget proposed metro rail project for Guwahati besides strengthening of embankments, widening and upgradation of state highways & major district road and expansion of the power infrastructure in the state.
"We have proposed strengthening of embankments which are 30 years or older at an estimated cost of Rs 600 crores, sewerage project for Guwahati city at an estimated cost of Rs 1400 crores," the Assam CM said.
He further said that a proposal for construction of a six lane road bridge over river Brahmaputra from Narengi to Kuruwa with a road link upto Dumuni Chowki at an estimated cost of Rs 1600 crores was included in the budget.
"In the next financial year, we have proposed setting up of satellite townships with developed infrastructure, upgradation of the standard of higher education by improving the infrastructure in the state universities and colleges at an estimated cost of Rs 1000 crores, upgradation and expansion of the power infrastructure including augmentation of APGCL's generation capacity, wireless connectivity covering all the towns and villages of the state at an estimated cost of Rs 295 crores," Gogoi said.
On the other hand, the budget has proposed to introduce GPS-based tracking system in passenger buses, commercial transport and school buses at an estimated cost of Rs 105 crores.
On the other hand, the budget look to increase the disbursement loans for Medium, Small and Micro Enterprise (MSMEs).
"The disbursement target for MSMEs loans in the state for 2013-2014 was fixed at Rs 3,800 crores, which is an increase of nearly 50 percent over 2012-2013," the Assam CM said.
The budget has proposed to increase the rate of tax on cigarette, bidi, cheroots, cigar, smoking mixture from existing 20 percent to 25 percent, increase entry tax from existing 4 percent to 6 percent on marble, granite and other decorative slabs, furniture and fixtures, sanitary wares and bathroom fittings.