Budget Highlights

  • Revenue and Expenditure:The Assam Government has pledged to spend ₹1,03,762 crores against an estimated revenue of ₹1,05,246 crores in 2020-21.
  • Source of Revenue:Less than 30% (~31,000 crores) of the estimated revenue is generated from internal resources. Most of the remaining revenue target is met through share of central taxes, grants from finance commission, union contribution in centrally sponsored schemes, and public debt.
  • 15th Finance Commission:Need, equity and performance based criteria were used by the commission to decide each state's share of the divisible pool of union taxes and duties. In 2020-21, Assam is the only north eastern state to get a reduced share, falling from 3.31% to 3.13% of the divisible pool.
  • Actual Revenue: The release of audited figures for the financial year 2018-19 revealed that the government received only ₹75,237 crores in revenue, against an estimate of ₹1,06,442 crores, falling short by a whopping ₹31,205 crores.
  • Actual Expenditure: The trend repeats in audited expenditure as well. In 2018-19, the government spent only ₹71,851 crores against the estimate of ₹1,08,490 crores.
  • Gross State Domestic Product: Size of Assam’s Economy is estimated to be ₹4,08,627 crores in current prices. The budget estimates a nominal growth rate of 12.4% in 2020-21.