Assam on track to become Rs 10 lakh crore economy by 2028: CM Sarma
Guwahati, May 26
Assam Chief Minister Himanta Biswa Sarma on Tuesday emphasised that the state is firmly on track to become a Rs 10 lakh crore economy by 2028.
Addressing the Assam Legislative Assembly, Sarma noted that the GSDP has expanded from Rs 4 lakh crore in 2021-22 to a projected Rs 8.72 lakh crore today, clocking an impressive annual growth rate of 13 per cent to 15 per cent.
He emphasised that with this unprecedented momentum, Assam is fully poised to significantly strengthen Prime Minister Narendra Modi's vision of a USD 5 trillion national economy.
On February 2, the Ministry of Finance said that Rs 5.61 lakh crore of tax devolution and central grants-in-aid were transferred to Assam during 2014-26. Over Rs. 17,000 crore released to Assam as interest-free loans under the Scheme of Special Assistance to States for Capital Expenditure (SASCI) under which Assam is receiving 50-year interest-free loans from the Centre for the creation of durable infrastructure.
These loans are beyond the recommendations of the Finance Commission. Between FY 2020-26 (up to January 12, 2026), Assam has received ₹17,104 crore under SASCI, enabling large-scale infrastructure and asset creation, the ministry added.
Meanwhile, on behalf of Assam CM Himanta Biswa Sarma, Assam Parliamentary Affairs Minister Atul Bora on Monday tabled "The Uniform Civil Code, Assam, Bill, 2026" in the Assam assembly.
The Bill is expected to be taken up for discussion and passage on May 27.
— ANI
Reader Comments
The SASCI scheme seems like a game-changer for Assam. Interest-free loans for 50 years? That's some serious support from the Centre. But I wonder how much of this growth reaches the common man in villages.
I've visited Assam a few times for work, and the infrastructure improvement is visible. Guwahati feels much more developed now. If they can sustain this 13-15% growth, Rs 10 lakh crore by 2028 seems realistic. 🚀
UCC Bill being tabled alongside economic announcements is interesting. Both are big moves by the Assam government. Hope the economic vision isn't overshadowed by political debates on UCC. Need a balanced approach.
Impressive numbers but growth has to be inclusive. Assam has huge potential in tea, tourism, and oil. Need to ensure small businesses and farmers benefit too. Rs 5.61 lakh crore devolution is substantial—let's see how it's utilized.
Living in Guwahati, I can see the change in the last few years. Flyovers, better roads, more flights. But inflation is also real—cost of living has gone up. Hope the growth trickles down to everyone. 💪
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