In Assam Budget, funds for creating two lakh entrepreneurs, 40,000 fresh government hirings
The Hindu
Presenting the Budget in the Assam Assembly, State Finance Minister Ajanta Neog said the government will invest ₹5,000 crore over the next three years to “transform” more than two lakh unemployed youths into job creators.
The Assam government on March 16 presented a ₹ 3.22 lakh crore Budget for the 2023-24 financial year, announcing funds for promoting micro-entrepreneurship and 40,000 fresh recruitments in various Departments.
Presenting the Budget in the Assembly, Finance Minister Ajanta Neog said the government will invest ₹5,000 crore over the next three years to “transform” more than two lakh unemployed youths into job creators. For the purpose, ₹1,000 crore was allocated in the next fiscal.”
Ms. Neog said 40,000 people will be recruited in various Departments by May 10 to mark the completion of two years of the Himanta Biswa Sarma-led government and fulfil the BJP's poll promise of giving one lakh government jobs.
"Our government already provided employment to about 42,000 youths across various Departments... The remaining 18,000 are at various stages of recruitment, and this will also be completed very soon," Ms. Neog said.
The Finance Minister proposed the exemption of electricity duty on renewable energy generation. "Further, I propose the extension of the tax holiday on agricultural income tax for the next three years."
“Ms. Neog said the GSDP is estimated to grow to ₹5.5 lakh crore during the next financial year from ₹3.93 lakh crore in 2021-22. The aggregate receipts amount to ₹3,21,742.71 crore for 2023-24, while the aggregate expenditure is estimated at ₹3,21,081.75 crore,” she said. “Thus, the transactions during the year will result in an estimated surplus of ₹660.96 crore,” she said.
"This, together with the opening deficit of ₹1,596.19 crore will lead to a Budget deficit of ₹935.23 crore at the end of the year 2023-24," she added.
'Telangana doing well in Beti Bachao Beti Padhao scheme'
Join The Hindu in School Science Festival in Madikeri on December 13 for an exciting inter-school competition in science and math.
Discover Karnataka's rich heritage at GI Mahotsav 3.0, showcasing unique Geographical Indication products at CFTRI, Mysuru.
IndiGo flight disruptions lead to a five-fold increase in charter jet demand, especially from Hyderabad, as travelers seek alternatives.
Setting up ‘happiness centres’ is a poll plank put forth by E.S. Rakesh Pai, the LDF candidate for Chathari ward (no.16) in Tripunithura municipality
Riyan Parag expresses confidence in returning to India colors once fully fit, despite recent struggles in domestic cricket.
Nagercoil Corporation supports local startups by offering subsidized workspaces, fostering innovation and growth in the Kanniyakumari district.
IndiGo flight cancellations force newlyweds to attend their Hubballi reception virtually, connecting with 650 guests via video call.
All IndiGo flights at Bengaluru airport are cancelled until 10.59 p.m. on December 5; passengers advised to check status.
Supreme Court emphasizes judges' vigilance against AI risks, ensuring it won't dominate the judicial process amidst concerns over bias and inaccuracies.
Supreme Court rules temple funds must be protected for religious purposes, not used to support struggling cooperative banks.
Chinnaiah remains in prison despite bail granted, pending sureties for his release in the Dharmasthala perjury case.
Discover why flooring is the focal point of modern home design, blending aesthetics, comfort, and durability in Indian interiors.