TheMinistry of Finance has taken a number of steps to enhance credit availabilitywith banks so that they continue to lend loans to all strategic and needysectors of economy including infra, agriculture, MSMEs.
Pradhan Mantri Garib Kalyan Yojana (PMGKY) has provision for 5 kg wheat or rice per person & 1 kg pulse per family for 3 months; Rs 500 per Jan Dhan account holder per month; free gas cylinder to poor families; increase in MGNREGA to Rs 202; ex gratia of Rs 1000 to poor senior citizens.
Assam's66,000 MSMEs shall immensely benefit from Goverment of India's massive reliefmeasures incl Rs 3 lakh cr as emergency working capital, Rs 50,000 cr throughequity infusion, release of all payables from CPSEs.
Allocationof additional Rs 40,000 crore under MGNREGA will help generate nearly 300 croreperson days in total addressing need for more work including returning migrantworkers in Monsoon as well. Assam stands to immensely benefit.
Innumerablestreet vendors in Assam would benefit from the Rs 5000 crore Special CreditFacility for Street Vendors. The initial working capital of up to Rs 10,000shall help them to stabilise and scale up their businesses.
↗️Rs 1500 each to Assam's 1 cr women beneficiaries = Rs1500 cr
↗️ Rs 700×3 for cylinders under Ujjwala for 35 lakh beneficiaries = Rs735 cr
↗️85 lakh old age, widow & divyang Rs1000 each = Rs 85cr
↗️COVID management = Rs 153cr
Under One Nation One Ration Card, migrants and their family members can avail Public Distribution System from any fair price shop in India by March 2021. This technology-driven reform will be beneficial especially during transit.
The government of India has enhanced resources position of Assam govt by enhancing borrowing limit from 3 to 5% of GSDP. This will enable us to mobilize an additional Rs 6-8k cr.
Following Prime Minister Narendra Modi's vision of Aatma Nirbhar Bharat the state government has intended to embark on the policy of Aatma Nirbhar Assam. For this, the state government has formed a committee under Principle Secretary Finance Samir Kumar Sinha with senior-most secretaries of depts to draw a roadmap.
Assam Finance Minister Himanta BiswaSarma held a press conference along with BJP Assam Pradesh President RanjeetKumar Dass to spell out how Assam shall draw synergy from Prime Minister NarendraModi's stimulus package of Rs 20 Lakh Cr.
