Key Points

Assam's Chief Minister has made some exciting announcements that could transform the state's landscape. He's scrapping the unpopular New Pension Scheme and replacing it with a more employee-friendly option. The government is also planning major urban development, with Dibrugarh set to become a second capital. Additionally, a new Startups Department will be created to boost economic growth and innovation.

Key Points: Assam Rolls Back New Pension Scheme, Unveils Development Plan

  • Assam to replace New Pension Scheme with Central government's Unified Pension Scheme
  • Three towns to be developed as major urban centers
  • Dibrugarh designated as state's second capital
  • New Department of Startups to be established
2 min read

Assam govt to roll back New Pension Scheme, announces CM Sarma

Assam CM Himanta Biswa Sarma announces pension scheme changes, city development plans, and startup department launch

Assam govt to roll back New Pension Scheme, announces CM Sarma
"Startups are the backbone of a new Assam's economic renaissance - Himanta Biswa Sarma"

Guwahati, Jan 26

Assam Chief Minister Himanta Biswa Sarma on Sunday announced that the state government is set to roll back the new pension schemes, and instead, the Central government's Unified Pension Scheme will be implemented for employees from April.

During his Republic Day speech in Dibrugarh on Sunday, CM Sarma said: "There has been displeasure among the state government employees on the New Pension Scheme (NPS). The state government has decided to abolish the NPS in Assam and United Pension Scheme will come into effect from April.

"This will ensure that once an employee completes 25 years of government service, the person is entitled to get 50 per cent of last drawn salary along with 50 per cent of Dearness Allowance as pension after retirement."

Meanwhile, CM Sarma also mentioned that three towns in the state will be developed as cities while Dibrugarh will be made the second capital of the state with the establishment of a new Assembly complex in the Upper Assam town in the next two years.

He said: "We are developing infra to turn three towns into cities - Dibrugarh, Tezpur and Silchar. Dibrugarh will have an Assembly Complex by 2027 and will be Assam's second capital. Tezpur town is set to get a new Raj Bhawan in the state, while Silchar will house a Mini Secretariat.

"Tezpur will emerge as the cultural capital and house a Raj Bhawan and Silchar will house a Mini Secretariat and Chief Secretary's Office," he said.

The Chief Minister also announced opening a department for the startup businesses in the state.

He said: "Startups are the backbone of a new Assam's economic renaissance. We will create the first ever Department of Startups to streamline and facilitate their growth."

- IANS

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