With the loan controversy going on at the Assam Legislative Assembly, Chief Minister of Assam, Himanta Biswa Sarma on Wednesday said that he will take Rs 14 thousand crore of loan during the running year.
He added that the controversies were of no use as the Assembly itself had allowed the state government to take loans worth 3.5 percent of the state’s GDP.
He added, “As per the permissions, we will take another Rs 14 thousand crore worth in loan this year and in the next year, we will take Rs 22 thousand crore loans.”
He added that there was no question for any controversies as these loans are being taken for development and based on the GDP of the state.
He further said that since the GDP of the state is expected to be Rs 4.1 lakh crore soon, the state can take these loans for all sorts of project.
He claimed that there are no uproars where other states take loans then “why” is it an issue in Assam.
The Chief Minister also said that loans are taken for capital projects so that the state can have better infrastructure and facilities.