Assam Finance Minister Himanta Biswa Sarma on Wednesday presented a Rs 1,193 crore deficit budget for 2019-20 with no fresh taxes and introducing new schemes like providing rice to poor at Re 1 a kg and gold for brides.

The budget also proposed to provide financial assistance to students, including girls from the minority community.

With an opening balance of minus Rs 1,799.84 crore, the budget proposed to have transactions of Rs 606.80 crore during 2019-20, Sarma told the House.

Sarma said that for special category states like Assam, companies with turnover of Rs 10 lakh are required to register for Goods and Services Tax (GST).

However, to give succour to small businesses and considering the small base, the government has raised the GST threhold limit to Rs 20 lakh following approval of the GST Council effective February 1, 2019.

Sarma further proposed to raise the threshold limit for registration under GST for suppliers of goods to Rs 40 lakh. However, the limit stays at Rs 20 lakh for supplier of services.

He said that under the National Food Security Act (NFSA), the Centre provides rice at Rs 3 per kg to 57 lakh households in Assam covering a total population of 2.46 crore.

"To further strengthen food security for our people, we will provide rice at a further subsidized rate of Re 1 per kg instead of the present Rs 3 per kg and the move will benefit 53 Lakh households," Sarma said.

The government has also proposed to give 1 tola of gold (11.66 grams) to brides' parents of belonging to the economically weaker sections of the society.

"We shall give one tola gold costing around Rs 38,000 as on today to brides belonging to all such communities of our state where it is customary to provide gold at the time of wedding" under the Arundhati scheme.

Assam Finance Minister Himanta Biswa Sarma on Wednesday presented a Rs 1,193 crore deficit budget for 2019-20 with no fresh taxes and introducing new schemes like providing rice to poor at Re 1 a kg and gold for brides.

Assam Finance Minister Himanta Biswa Sarma on Wednesday presented a Rs 1,193 crore deficit budget for 2019-20 with no fresh taxes and introducing new schemes like providing rice to poor at Re 1 a kg and gold for brides. The budget also proposed to provide financial assistance to students, including girls from the minority community. With an opening balance of minus Rs 1,799.84 crore, the budget proposed to have transactions of Rs 606.80 crore during 2019-20, Sarma told the House. Sarma said that for special category states like Assam, companies with turnover of Rs 10 lakh are required to register for Goods and Services Tax (GST). However, to give succour to small businesses and considering the small base, the government has raised the GST threhold limit to Rs 20 lakh following approval of the GST Council effective February 1, 2019. Sarma further proposed to raise the threshold limit for registration under GST for suppliers of goods to Rs 40 lakh. However, the limit stays at Rs 20 lakh for supplier of services. He said that under the National Food Security Act (NFSA), the Centre provides rice at Rs 3 per kg to 57 lakh households in Assam covering a total population of 2.46 crore. "To further strengthen food security for our people, we will provide rice at a further subsidized rate of Re 1 per kg instead of the present Rs 3 per kg and the move will benefit 53 Lakh households," Sarma said. The government has also proposed to give 1 tola of gold (11.66 grams) to brides' parents of belonging to the economically weaker sections of the society. "We shall give one tola gold costing around Rs 38,000 as on today to brides belonging to all such communities of our state where it is customary to provide gold at the time of wedding" under the Arundhati scheme.

Assam budget proposes 1 tola gold for brides, rice at Re 1 a kg

For the first time, the Assam Finance Department will use social media as an additional platform to inform and engage citizens on the state's 2019-20 budget.

A decision to this effect was taken by the department as social media is an effective tool to gauge public mood, acquire feedback and also to engage citizens for the forthcoming budget, a spokesman of the department said Monday.

The budget will be presented by state Finance Minister Himanta Biswa Sarma in the Assembly on February 6.

The use of social media for seeking people's participation and inputs in the budget is also one of the first of its kind experiment in the country and has been very effective so far, the spokesman said.

In 11 days, the department has reached out to more than 1.6 lakh people by posting 200 feeds on Twitter, Facebook and Instagram in 11 days, he said.

The use of this dynamic medium, in addition to other traditional means, has been inspired by Prime Minister Narendra Modi's vision of 'Sabka Sath Sabka Vikas' and also in keeping with the commitment to adhere to the principles of participatory governance, he said.

One of the key objectives of the social media campaign outreach strategy has been to create a bonding with the vibrant pool of youngsters and many other tech-savvy people of Assam, the spokesman said.

The state government's budget app, called Assam Budget, is also a unique initiative towards a 'Digital India'.&nbsp;

For the first time, the Assam Finance Department will use social media as an additional platform to inform and engage citizens on the state's 2019-20 budget. A decision to this effect was taken by the department as social media is an effective tool to gauge public mood, acquire feedback and also to engage citizens for the forthcoming budget, a spokesman of the department said Monday.

For the first time, the Assam Finance Department will use social media as an additional platform to inform and engage citizens on the state's 2019-20 budget. A decision to this effect was taken by the department as social media is an effective tool to gauge public mood, acquire feedback and also to engage citizens for the forthcoming budget, a spokesman of the department said Monday. The budget will be presented by state Finance Minister Himanta Biswa Sarma in the Assembly on February 6. The use of social media for seeking people's participation and inputs in the budget is also one of the first of its kind experiment in the country and has been very effective so far, the spokesman said. In 11 days, the department has reached out to more than 1.6 lakh people by posting 200 feeds on Twitter, Facebook and Instagram in 11 days, he said. The use of this dynamic medium, in addition to other traditional means, has been inspired by Prime Minister Narendra Modi's vision of 'Sabka Sath Sabka Vikas' and also in keeping with the commitment to adhere to the principles of participatory governance, he said. One of the key objectives of the social media campaign outreach strategy has been to create a bonding with the vibrant pool of youngsters and many other tech-savvy people of Assam, the spokesman said. The state government's budget app, called Assam Budget, is also a unique initiative towards a 'Digital India'.

In first, Assam finance department to use social media for state budget

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Assam budget proposes 1 tola gold for brides, rice at Re 1 a kg

In first, Assam finance department to use social media for state budget