Guwahati, Apr 9: Assam is the third fastest growing state after Tamil Nadu and Andhra Pradesh, according to the Union Ministry of Statistics and Programme Implementation (MoSPI) data.

Tamil Nadu leads the list with 8.21 %, followed by Andhra Pradesh, which has a growth rate of 8.21%. Assam is ranked third with a 7.94% growth rate.

Assam Chief Minister Himanta Biswa Sarma said the state has emerged as the third fastest growing state in India, achieving an impressive 7.94% GDP growth rate at constant prices.

He said the state’s remarkable economic transformation, driven by pro-investor policies and sustained investments in infrastructure, institutions, and individuals.

Taking to X, CM Sarma said, “Assam is now India’s 3rd fastest-growing state, with a GDP growth rate of 7.94% at constant prices. Our pro-investor policies and sustained investments in infrastructure, institutions, and individuals are driving this growth. A few years ago, this was unthinkable.”

The state’s rapid growth has been evident in recent years, as Assam has consistently registered impressive growth figures.

Sarma revealed that Assam has been posting growth rates of 14-15%, well above the national average of 9-10%. He emphasized, “Assam is now among the top five fastest-growing states in the country.”

Additionally, Assam’s capital expenditure has surged from ₹2,951 crore in 2015-16 to a projected ₹24,964 crore in 2024-25, showcasing a massive expansion in developmental spending. “This positions Assam as one of the top states in capital investment,” Sarma added.

Highlighting the state’s financial strength, Sarma noted that Assam’s debt-to-GDP ratio stands at a healthy 25%, and 17 profitable public sector undertakings (PSUs) contribute a collective net wealth of ₹40,000 crore. Moreover, the state holds ₹58,000 crore worth of assets that can be liquidated if necessary.

Read: Assam: Police bust international bike theft network, 6 arrested

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