Assam CM 10 Lakh Crore GSDP Goal Discussed with FM

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Assam CM Himanta Biswa Sarma discusses roadmap with FM for 10 lakh crore GSDP goal
Assam CM Himanta Biswa Sarma outlines GSDP roadmap during his meeting with Finance Minister Sitharaman
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Assam CM 10 lakh crore GSDP goal was the core agenda in Chief Minister Himanta Biswa Sarma’s meeting with Union Finance Minister Nirmala Sitharaman in New Delhi. The meeting was held to explore strategies for achieving the ambitious economic milestone by 2028.

The discussion focused on Assam’s reform-driven approach, infrastructure upgrades, and industrial growth. Sarma emphasised the need for continued central support and policy synergy to meet the state’s vision of exponential economic expansion.

Comprehensive Economic Roadmap Presented

During the meeting, the Assam CM presented a detailed roadmap for reaching the 10 lakh crore GSDP target. It outlined major economic drivers like agriculture, tourism, logistics, energy, and startups. The strategy also included public-private partnerships to accelerate large-scale investments.

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The roadmap stressed financial decentralisation, digital governance, and increased efficiency in revenue collection. Assam CM 10 lakh crore GSDP vision includes transformative development in border trade and regional exports.

Sarma told reporters after the meeting that Assam is aiming for “quantum growth, not incremental change.” He added that achieving this goal requires synchronisation between state-level reforms and Union support.

Infrastructure and Investment Key to Assam CM 10 Lakh Crore GSDP Vision

To fuel economic growth, the roadmap calls for major investments in roads, railways, waterways, and airports. The Assam CM highlighted the crucial role of infrastructure in attracting private investments and improving productivity across sectors.

Sarma requested enhanced funding for key national infrastructure projects in Assam. These include Brahmaputra expressways, high-speed rail links, and multimodal logistics parks. The CM also sought faster environmental clearances and easier financing mechanisms.

He stressed that economic corridors will boost trade with neighbouring states and Southeast Asia, making Assam a regional growth hub.

Support Sought from Union Finance Ministry

The CM urged the Finance Minister to provide policy flexibility in centrally sponsored schemes. He proposed creating Assam-specific fiscal frameworks under the GSDP plan. This includes tailored tax incentives, ease-of-doing-business packages, and special economic zones.

Assam CM 10 lakh crore GSDP goal also depends on faster fund releases under schemes like PM Gati Shakti and Jal Jeevan Mission. Sarma explained that timely capital infusion is vital for completing mega projects.

Finance Minister Sitharaman appreciated Assam’s vision and assured continued central assistance. She also instructed NITI Aayog officials to work with Assam on a sector-wise strategy.

Fiscal Discipline and Revenue Reform Emphasised

To support its ambitious growth target, the state plans to enhance its tax-to-GSDP ratio. The Assam CM mentioned upcoming measures to digitise tax collection and reduce leakages. Sarma said the government would soon implement AI-based analytics to track economic trends.

He noted that increasing non-tax revenue through user fees, service charges, and asset monetisation is part of the roadmap. The aim is to reduce dependency on central transfers while building fiscal autonomy.

Assam CM 10 lakh crore GSDP blueprint also includes promoting green financing, MSME support, and urban revenue reforms.

Private Sector Involvement Crucial

Sarma stated that the private sector will be key in meeting the GSDP target. He said that Assam plans to organise investor summits, foreign delegation visits, and incentive-driven policies for industries. Sectors like tourism, IT, food processing, and clean energy will be given priority.

The CM also proposed a single-window clearance system for investors, with guaranteed time-bound approvals. He underlined the need for startup incubation, skill hubs, and venture capital in boosting entrepreneurship.

According to Sarma, these efforts will position Assam as a top investment destination in eastern India.

Assam CM 10 Lakh Crore GSDP Plan Gains Momentum

With just three years left to meet the target, the government plans to review sectoral progress every quarter. Monitoring cells will track KPIs linked to investment, employment, exports, and income generation.

The CM also informed the Finance Minister that an economic advisory council will be formed. This body will include economists, industry experts, and state bureaucrats. Their task will be to guide execution and remove policy bottlenecks.

Assam’s long-term vision is to raise per capita income, improve human development indices, and achieve financial inclusion. The GSDP target is not just a number—it represents an economic transformation agenda.

Conclusion

The Assam CM 10 lakh crore GSDP discussion with the Union Finance Minister signals the state’s readiness for big reforms and bold growth. Chief Minister Himanta Biswa Sarma has laid out a clear, data-driven plan that combines infrastructure, policy innovation, and public-private collaboration.

With active cooperation from the central government and industry partners, Assam could well be on the path to becoming an economic powerhouse in the Northeast. The coming years will test the state’s resolve, but the roadmap offers a strong foundation for success.

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