1. Assam is now among India’s top five fastest-growing states, says CM Himanta Biswa Sarma.
2. CM Sarma credits the state’s progress to developmental initiatives.
3. Government policies have significantly contributed to this growth.

Guwahati, July 26: Assam has been ranked among the top five fastest-growing states in India, according to Chief Minister Himanta Biswa Sarma.

He attributed the state’s progress to various developmental initiatives and policies implemented by the government.

Speaking to the media, CM Sarma highlighted the state’s economic growth, citing the economic survey. “In 2021, the state bank deposits stood at ₹1.71 lakh crore, which surged to ₹2.24 lakh crore by 2023-24, marking a 30 percent increase, a significant economic indicator,” he said.

Regarding loans, CM Sarma noted, “In 2021, banks issued loans worth ₹80,871 crore, which increased to ₹1.27 lakh crore by 2024.” He added that Assam’s Credit/Deposit (C/D) ratio has improved from 32 percent to 58 percent.

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On the unemployment front, Sarma mentioned that the unemployment rate dropped from 8 percent in 2022-23 to 6.1 percent.

Earlier, CM Sarma had a comprehensive discussion with Union Minister Ashwini Vaishnaw about improving railway connectivity in Assam and the potential for establishing rail manufacturing entities in the state.

The Union Minister also considered starting direct train connectivity between Kamakhya and Ayodhya for devotees.

Additionally, the possibility of starting train services between Assam’s Barak Valley and West Bengal via Bangladesh was brought to the Railway Ministry’s attention, with assurances that it would be prioritized.

Sarma praised the Minister for his efforts to increase the allocation for rail connectivity in Assam in the Union Budget 2024.