Assam Secures Rs 50,000 Crore for Growth in 2026-27 Union Budget

Assam is set to receive nearly Rs 50,000 crore in tax devolution for the 2026-27 fiscal as part of the Union Budget, reflecting the Centre's robust fiscal support. Substantial central transfers and grants are aiding Assam in infrastructure development, economic growth, and improving citizens' quality of life.

Assam will receive nearly Rs 50,000 crore as a share of tax devolution in the fiscal year 2026-27, according to an official release by the Union Ministry of Finance. Finance Minister Nirmala Sitharaman, during the presentation of the 2026-27 Union Budget in the Lok Sabha, highlighted this allocation.

The overall central transfers to Assam have seen a marked increase under successive Union Budgets. For FY 2026-27, Rs 49,725 crore is allocated for tax devolution, alongside Rs 29,548 crore as grants-in-aid for FY 2025-26. Since 2014, Assam has received around Rs 3.12 lakh crore through tax devolution and Rs 2.49 lakh crore as grants-in-aid, illustrating continued fiscal support from the Centre.

The 2026-27 Union Budget significantly fortifies the development partnership between the Centre and Assam, emphasizing capital investments and sustained resource flow. Special Assistance to States for Capital Expenditure (SASCI) provides 50-year interest-free loans for infrastructure, with Assam receiving Rs 17,104 crore between FY 2020-26. Flagship schemes further enhance socio-economic benefits, emphasizing financial inclusion, social security, and rural development.

(With inputs from agencies.)