Assam Budget 2019: Here's what the budget entails

Assam finance minister Himanta Biswa Sarma presented the state budget for the financial year 2019-20 on Wednesday at the Legislative Assembly.

BCCL
Assam Finance Minister Himanta Biswa Sarm.
Assam Finance Minister Himanta Biswa Sarma on Wednesday presented a Rs 1,193.04-crore deficit budget for 2019-20, which included schemes like rice at Rs 1 per kilogram for the poor, 1 tola (10 gram) gold to the brides, among others.

Here are the key highlights of the budget:

*Proposal to enhance the annual turnover limit for availing composition scheme to Rs 1.5 crore in MSME sector.


*No additional tax announced.

*Fiscal deficit hiked to 3.2%

*A 6-lane bridge project over Brahamaputra river sanctioned at a cost of Rs 2200 crore in Guwahati.
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*Sport personalities and artists to get one-time cash incentive of Rs 50,000 each.

*Village heads to get smartphone to help them stay connected with district administration.

*Tombs of Ahom kings to be developed as tourist attractions, Rs 25 crore sanctioned.

*Giant statues of three monarchs of Assam, Kumar Bhaskaravarm , Chaolung Siu-Ka-Pha and Maharaj Nara-Narayana, to be built at state secretariat as icons of good governance.
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*Rs 100 crore sanctioned for development and employment related activities for indigeneous Muslims of Assam.

*Schemes to rehabilitate boatmen who lost income sources due to Bogibeel bridge and Bhupen Hazarika Setu.
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*Rice to be provided at Re 1 per KG under Affordable Nutrition & Nourishment Assistance Yojna. 53 lakh families to benefit.

*E-bike for students passing class XII state board in first division.

*Widows below the age of 45 years to get Rs 25000 as immediate assistance.

*College students from tea garden community to get Rs 10000 monthly stipend.
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