Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Himanta Biswa Sarma says Assam to get Rs 5,000 cr more after Centre junks special status
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Economy
  • Himanta Biswa Sarma says Assam to get Rs 5,000 cr more after Centre junks special status

Himanta Biswa Sarma says Assam to get Rs 5,000 cr more after Centre junks special status

FP Staff • July 26, 2016, 17:24:31 IST
Whatsapp Facebook Twitter

Sarma offered a healing touch saying the state won’t plunge into a financial paralysis as Assam would be getting an additional Rs 5,000 crore from the Centre instead besides the existing support.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Himanta Biswa Sarma says Assam to get Rs 5,000 cr more after Centre junks special status

With the announcement of Centre’s decision to withdraw the Special Category States status accorded to a select few states by Minister of State for Planning Rao Inderjit Singh in Parliament, the confusion prevalent in Assam over its financial standing has been put to rest. [caption id=“attachment_2411828” align=“alignleft” width=“380”] ![Assam Finance Minister Himanta Biswa Sarma. Image from Sarma's Facebook page](https://images.firstpost.com/wp-content/uploads/2015/08/Himanta_380.jpg) Assam Finance Minister Himanta Biswa Sarma. Image from Sarma’s Facebook page[/caption] According to a report in The Economic Times, the North Eastern Council had in the last year passed a resolution that it worried that the Centre would end the Special Category States status following a recommendation by the 14th Finance Commission. Already struggling with a huge financial crisis, Assam’s finance minister Himanta Biswa Sarma was however quick to pass on the buck to former prime minister Manmohan Singh, alleging that he had agreed the proposal to remove the special category status from the state. However, Sarma also offered a healing touch saying the state won’t plunge into a financial paralysis as Assam would be getting an additional Rs 5,000 crore from the Centre instead besides the existing support. The state Finance minister informed the the Legislative Assembly that the “special category status” has been replaced with a new term, “special treatment”, the Northeast Today said. Providing details in the House on Monday, the minister said that out of 112 schemes, 48 would have 100 percent financial support from the Centre while 58 of them would have funding in the 90 (Centre):10 (state) ratio. Three schemes will be funded in a 80:20 ratio, while one will follow the 70:30 pattern. Two of the remaining schemes will follow the 50:50 format. Incidentally, Sarma presented the maiden budget of the Sarbananda Sonowal-led BJP government in the state on Tuesday. The Pratidin Time reported that the Assam finance minister tabled a Rs 2,880.91-crore deficit budget in the assembly for 2016-2017 with a liability over Rs 14,000 crore. Sarma said that the government will try and rebuild the economy to deliver the change the people sought.

Tags
Economy Manmohan Singh Congress BJP NewsTracker Assam States Himanta Biswa Sarma Rao Inderjit Singh North Eastern Council Sarbananda Sonowal Special Category States status
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV