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Assam Budget 2023-24 Highlights: Key Points By Finance Minister Ajanta Neog

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Batori24 Bureau
Batori24 Bureau
Batori24 is a Vernacular based Assamese news portal based in Guwahati Assam. We are a dedicated news channel covering news and stories across the globe with special reference to Assam, north-east along with National and International news.

Assam Budget 2023-24 Highlights: Assam’s state government has decided to reduce motor vehicle taxes by 2% for citizens who purchase electronic vehicles, according to finance minister Ajanta Neog.

The budget proposes to build infrastructure to make Assam a regional healthcare hub by 2026.

It also introduces the “Ashtadash Mukutar Unnoyonee Maala scheme,” which aims to increase self-employment in the private sector.

Two lakh unemployed youths from BPL families and low-income households are expected to benefit from a one-time Seed Capital of Rs 2 lakh in tranches over the next three years under this scheme.


Aside from the aforementioned, Rs 1000 crore has been allocated for this budget, with 40,000 candidates to be recruited by May 10, 2023.

Also Read: Assam Budget 2023: Tabs For Class 9 Students, Rs. 5 Lakh Health Insurance 27 Lakh Families

Here are the highlights of the Assam Budget 2023-24 :

Assam will be the healthcare hub of Northeast India by 2026, and infrastructure is being built to accommodate this.

Schemes to be announced as part of the Ashtadash Mukutar Unnoyonee Maala – With the intention of fostering self-employment in the private sector The Assam government intends to implement a scheme to encourage micro-entrepreneurs in order to create self-employment opportunities for unemployed youths from BPL families and low-income households.

Trading, manufacturing, service, food processing, handloom, handicraft, agriculture, and related activities generate income.

Assam Finance Minister Ajanta Neog announced on March 16 the establishment of new engineering colleges in the districts of Nalbari, Nagaon, and Udalguri.

Rs 770 crore allocated for water transport development, says Ajanta Neog

Tablets to be provided for students passing class 9 exams

76 Schools to be converted into HS Institutions

₹1000 crore for Mukhya Mantri Sva-Niyojan Mission for creating self-employment. One-time seed capital of ₹2 lakh to be given in tranches to 1 lakh beneficiaries for starting micro-enterprise units.

According to finance minister Ajanta Neog, the Assam government is considering establishing 100 Adarsh Vidyalayas (Model Schools) in tea garden areas of the state.

9 new B.Sc. Nursing Colleges to be set up in medical colleges, says Neog

1000 new ambulances will be provided to the hospitals in the state, says Neog

Speaking on the development of schools and colleges, Assam finance minister Ajanta Neog stated on March 16 that around 500 high schools will be upgraded at a cost of Rs 2500 crore, with Rs 5 crore set aside for each school.

Assam’s GDP to grow to Rs 5.5 lakh crore in 2023-24 from Rs 3.93 lakh crore in 2021-22.

Assam Finance Minister Ajanta Neog presents Rs 935.23 crore deficit budget for 2023-24

₹500 cr for Assam Micro-Finance Incentive and Relief Scheme. Destitute women whose accounts have become NPA will be benefitted. Borrowers of upto ₹25,000 will be prioritised.

Mukhya Mantri Ayushman Asom Yojana: ₹ 135 crore

Annual health insurance of ₹5 lakh to ₹27 lakh additional families.

The Assam government intends to cover one lakh eligible beneficiaries with a one-time Seed Capital of Rs 2 lakh in tranches to start micro-enterprise units over the next three years.
Entrepreneurs who have already received credit linkage through SVAYEM and are carrying on successfully will be given preference in this scheme.
In addition, the Assam government intends to cover another one lakh entrepreneur-youths with project-based subsidies in defined projects aimed at MSME and other segments.

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