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Assam's low per capita income is a concern: Finmin
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SME Times News Bureau | 25 Apr, 2018
The low per capita income of
Assam is a concern and structural reforms are needed to improve the
state's health, education and economic indicators, the Union Finance
Ministry said on Tuesday.
"It is a matter of concern that per
capita income of Assam is significantly lower than all India average
which itself is lower than other emerging markets," the ministry said a
day before the three-day visit of 15th Finance Commission to the state
begins.
The per capita income of Assam is Rs 67,620, much lower
than the all India average of Rs 1,03,870, said the Ministry statement,
adding that the Commission recognizes the special characteristics of
Assam, which, "notwithstanding acceleration in growth momentum", will
have to make enormous development strides to catch up with national
averages particularly with respect to per capita income.
Despite
its recent strides in growth and socio-economic development, the state
has a lot to catch up on health, educational and economic outcomes, it
said, adding that half of the population depends on agriculture with
limited urbanisation and industrialisation, both infant and maternal
mortality rate (IMR and MMR) are much higher than the national average
and life expectancy and literacy rate are lower than the national
average.
"Demographic diversities give rise to myriad
socio-cultural conditions and contingencies offering developmental
challenges of various forms. Notwithstanding recent growth spurt,
endemic structural issues need to be addressed in a time bound manner,"
the statement said.
The Finance Commission led by Chairman N.K.
Singh will assess the state of the finances of Assam, its socio-economic
challenges and understand the efforts of the state government to tackle
these, the ministry said.
The Commission will meet leaders of
various political parties, representatives of autonomous councils, trade
and industry, urban local bodies and panchayati raj institutions.
"Commission,
therefore, would seek to explore opportunity of what structural,
administrative and other changes are necessary by way of augmenting
resources of state and also its proper utilization," it said.
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