Assam Interim Budget 2026-27: flagship schemes to continue
GS3Economy · S&T · Environment · Security· Growth, inflation & macro indicators· Prelims·
Why in news
Assam Finance Minister Ajanta Neog presented the interim budget for the 2026-27 fiscal year, highlighting flagship schemes for education and poverty alleviation.
Background
The Assam government aims to project a ₹10 lakh crore economy by 2028. Key schemes mentioned include Nijut Moina, Mukhya Mantrir Nijut Babu, and the expanded Orunodoi scheme.
Facts for Prelims
- SchemeNijut Moina: Assam state scheme providing direct cash benefits to reduce dropout rates among girls.
- SchemeMukhya Mantrir Nijut Babu: Assam state scheme supporting economically weaker boys in higher education.
- SchemeOrunodoi: Assam poverty alleviation scheme expanded to include more vulnerable groups.
- FactAssam's projected economy size: ₹10 lakh crore by 2028.
For Mains
Q. Discuss how targeted social welfare schemes like Orunodoi and Nijut Moina contribute to human capital formation and poverty alleviation in Northeast India.
Dimensions to cover in your answer
- Human capital investment: Reducing gender-based dropout rates to improve long-term labor force participation
- Fiscal sustainability: Balancing direct cash transfer schemes with the goal of achieving a ₹10 lakh crore economy
Keywords: Human Capital · Poverty Alleviation · Fiscal Federalism · Social Welfare · Economic Growth
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