Archive · 6 Aug 2025
Assam LoP Urges Court to Review State's Financial Health
The Leader of the Opposition in Assam wants the court to look into how the state is managing its money.
They claim the government is breaking the rules by spending too much and borrowing too much money.
This has led to a large debt, and the LoP is worried it will hurt the state's economy.
Reports from various financial watchdogs show there may be problems with how the government is handling its finances, including hidden deficits and inappropriate spending.
The LoP has asked the court to step in and stop the government from starting new programs that haven't been approved by the budget to protect taxpayer money.
Assam's Leader of Opposition urged the Gauhati High Court to take action on the state's financial health.
The LoP cited violations of the Assam Fiscal Responsibility and Budget Management (AFRBM) Act, leading to a debt crisis.
The state's debt is estimated at Rs 1,84,463 crore by July 2025, with a debt-to-GSDP ratio of 25.2%.
Reports from CAG, RBI, and PRS India corroborate fiscal mismanagement, including excessive deficits and reliance on market borrowings.
The LoP requested the High Court to issue an interim stay on new cash transfer schemes not in the budget.
- Who
- Leader of the Opposition (LoP) in Assam Assembly, Debabrata Saikia
- What
- LoP urged the Gauhati High Court to take cognizance of alleged financial mismanagement in Assam.
- When
- August 5
- Where
- Assam
- Why
- To address alleged violations of financial laws and an unsustainable debt crisis.
LoP's Concerns
No official response available.
Financial Mismanagement
LoP's Concerns
The state government is violating financial laws and the AFRBM Act.
No official response available.
The article does not present the government's view, only the LoP's concerns.
- Debt Estimate (July 2025)
- Rs 1,84,463 crore
- Debt-to-GSDP ratio (2024-25)
- 25.2%
- AFRBM Act
- Assam Fiscal Responsibility and Budget Management Act, 2005
- LoP's Request
- Suo moto cognisance and interim stay on new cash transfer schemes
- 2022-23 Market Borrowing
- 81.98%
- CAG Reports
- Showed irregularities and potential fraud.