Desk Report, February 06, 2024: In a momentous declaration on February 6, Ajanta Neog, the Finance Maestro of Assam, unveiled a significant plan concerning the fiscal encumbrance of the state. This intricate fiscal proclamation enunciates that the entire repertoire of loans shackling the state government will be liquidated by the culmination of the year 2025.
While addressing the assembly on the second day of the Assam Legislative Assembly’s Budget Session, Ajanta Neog articulated with unwavering certainty that the entirety of the state’s indebtedness emanating from the fiscal years between 2001 and 2015 has already been expunged from the financial ledger. Furthermore, a meticulous audit is currently in progress to scrutinize the residual loan obligations stemming from the fiscal annum 2023, all of which are slated for obliteration by the denouement of the current year.
In the eloquent words of Ajanta Neog, “The loans tethering the state government from 2001 to 2015 have been satisfactorily expurgated as of the present moment. The ongoing audit diligently navigates the labyrinth of financial intricacies to settle the outstanding debts accrued from the fiscal year 2023, with a firm commitment to their complete eradication by the twilight of this calendar year.
