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CliQ INDIA > National > Union Budget: Assam CM Thanks Centre for Special Assistance to Tackle Floods | BulletsIn
National

Union Budget: Assam CM Thanks Centre for Special Assistance to Tackle Floods | BulletsIn

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Highlights
  • Assam CM appreciates special flood assistance in Union Budget 2024.
  • Budget includes support for flood control, infrastructure, and employment schemes.

Assam Chief Minister Himanta Biswa Sarma expressed his gratitude to Union Finance Minister Nirmala Sitharaman for the special assistance proposed in the Union Budget to help Assam tackle recurring floods. The budget, presented in the Lok Sabha, includes support for flood-affected states, enhanced allocations for various development schemes, and measures to boost employment and economic growth.

BulletsIn

  • Assam CM Himanta Biswa Sarma thanked Finance Minister Nirmala Sitharaman for proposing special assistance for Assam in the Union Budget.
  • The special assistance aims to address the challenges posed by recurring floods in the state.
  • The Union Budget includes aid for flood-affected states such as Bihar, Assam, Himachal Pradesh, Uttarakhand, and Sikkim.
  • Financial backing for flood control projects is part of the proposed aid.
  • Enhanced allocation under PM Awas Yojana and schemes like PM Janjatiya Unnat Gram Abhiyan will benefit Assam.
  • A Rs 1.5 lakh crore infrastructure push focuses on improving agricultural productivity, green energy initiatives, and rural development.
  • The budget emphasizes employment generation and support for small businesses with schemes like the PM’s Package for employment and skilling.
  • One crore paid internship opportunities and employment-linked incentives are highlighted as game changers.
  • The budget seeks to propel India’s economy to the third position in the world, aligning with Prime Minister Narendra Modi’s vision.
  • Progressive measures include the review of the IT Act, withdrawal of Angel Tax, reducing the fiscal deficit, and sustaining capital expenditure.

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Previous Article Budget 2024 Key Takeaways: Revised Income Tax Slabs, Special Projects for Bihar and Andhra Pradesh | BulletsIn
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