Assam
Finance Minister Jayanta Mallabaruah presented the new government's first budget, with a jobs target, health hiring and support for the tea sector.
By Bhaskar Kalita ยท 10 July 2026
Assam Finance Minister Jayanta Mallabaruah presented the state budget for 2026-27 on Friday, 10 July 2026. It was the first budget of the BJP-led government since its return to power, and the eleventh since the NDA first formed a government in Assam in 2016.
The budget puts total expenditure at Rs 2,85,084.45 crore, with an estimated deficit of Rs 419.26 crore.
The government has set a target of two lakh jobs over five years, and a task force under the Chief Secretary will prepare a roadmap. In health, about 33,240 posts, including doctors, nurses and pharmacists, are planned. Four new medical colleges will come up in Goalpara, Hailakandi, Hojai and Bajali.
Rs 6,000 crore has been set aside for existing beneficiary schemes, and Rs 500 crore will support 50,000 entrepreneurs. The tea sector gets a higher subsidy for orthodox and speciality tea, and the agricultural income tax exemption limit rises to Rs 10 lakh. VAT on piped natural gas has been cut to 5 per cent, and electric vehicles get a tax subvention.
Source: Swarajya
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