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Assam's Growth Rate Exceeds National Average : Assam Reports 15 Percent Growth Rate, Surpassing National Average: CM Sarma

Assam Reports 15 Percent Growth Rate, Surpassing National Average: CM Sarma
Guwahati, March 11 (NationPress) Chief Minister Himanta Biswa Sarma announced on Tuesday that Assam boasts a growth rate of 14-15%, surpassing the national average.

Synopsis

On March 11, Chief Minister Himanta Biswa Sarma stated that Assam's growth rate stands at 14-15%, outpacing the national average. He highlighted the state's position among the five fastest growing states in India and noted significant growth in mutual funds.

Key Takeaways

  • Assam's growth rate of 14-15% exceeds the national average.
  • State ranks among the five fastest growing states in India.
  • Significant 159% increase in mutual funds over five years.
  • Investment rose from Rs 11,298 crore to Rs 29,268 crore.
  • Assam's contributions to India's growth narrative are noteworthy.

Guwahati, March 11 (NationPress) Chief Minister Himanta Biswa Sarma announced on Tuesday that Assam boasts a growth rate of 14-15 per cent, exceeding the national average.

He emphasized that Assam has established itself among the five fastest growing states in India.

Sarma stated, “We are consistently achieving growth rates of 14-15 per cent, significantly surpassing the national growth of 9-10 per cent. Assam is one of the top 5 fastest growing states in the nation, and the success of Advantage Assam 2.0 is a testament to our growth trajectory.”

Previously, CM Sarma pointed out that Assam has experienced remarkable growth in mutual funds over the past five years.

He noted a staggering 159 per cent increase in mutual funds in Assam during this period, with investments rising from Rs 11,298 crore to Rs 29,268 crore.

Sarma asserted that the state has made significant contributions to India's growth narrative.

The Chief Minister remarked, “A remarkable 159 per cent growth in mutual funds in Assam over the last five years, from Rs 11,298 crore to Rs 29,268 crore, highlights the India Growth Story; the trust the people of Assam have in our markets and the increasing incomes of our citizens.”

Furthermore, he highlighted that Assam has been the leading contributor in mutual funds from the northeastern region from 2020 to 2024.

Sarma also underscored Assam's commitment to supporting national growth by providing skilled human resources across various industries.

He remarked that the newfound emotional connections of the northeast to the rest of India, fostered under the leadership of Prime Minister Narendra Modi, have motivated residents to further contribute to the country's development.

The Chief Minister asserted that the health infrastructure provided to Assam and other northeastern states during the Amrit Kaal will be a significant milestone for the nation’s progress. This will facilitate Assam and other northeastern states in contributing to the country’s developmental journey.

–IANS

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