Guwahati, The Assam government will invest ₹ 50,000 crore over the next five years to develop infrastructure across sectors, Chief Minister Himanta Biswa Sarma said.
Addressing a press conference after a state cabinet meeting here on Sunday, Sarma said the investment would cover primary healthcare, schools, anganwadi centres, housing for tea garden workers, power, roads, women markets and hostels, besides flood embankments. “The state cabinet has approved pumping in ₹ 50,000 crore for ‘Viksit Assam: Infra Vision’. Sarma said the cabinet also approved allotment of 1,174 bighas of land in Kamrup Metropolitan and Nagaon districts to the Industries, Commerce and Public Enterprises Department for developing industrial estates and land banks.
Under this scheme, we will be developing various infrastructures across the state,” he said.
The government will also allot 27 bighas in Rangajan Gaon in Dhemaji district to the Animal Husbandry and Veterinary Department for setting up a milk project, he said. The CM said that to improve the ease of doing business, the cabinet approved the Assam Trade Articles Order, 2026, abolishing the requirement of retail selling licences for petroleum products. It also approved an amendment to the Industrial and Investment Policy of Assam, 2019, to include Registered Vehicle Scrapping Facilities as an eligible industrial activity for fiscal incentives under the Assam Vehicle Scrappage Policy, 2022.
The cabinet extended the one-time window for determining the market value of tea gardens or tea land for calculating stamp duty and registration fees on conveyance deeds, along with the one-time SOP valuation mechanism, he said.
