ITANAGAR, Jan 10: In a significant financial boost for Arunachal Pradesh, the Central Government has released ₹3040.14 crore as a tax devolution installment. The move is expected to bolster the state’s fiscal capacity, enabling the execution of key infrastructure projects, welfare schemes for marginalized communities, and long-term economic growth.
Chief Minister Pema Khandu expressed his heartfelt gratitude to Prime Minister Narendra Modi for the generous support, calling it a crucial step in strengthening the state’s developmental framework. He highlighted how the funds would drive timely completion of infrastructure initiatives and enhance welfare programs aimed at empowering underprivileged sections of society.
The Chief Minister through his social media handles noted that the financial assistance reflects the Centre’s unwavering commitment to the holistic development of Arunachal Pradesh and the entire North East region.
Deputy Chief Minister Chowna Mein also lauded the Prime Minister’s vision and consistent support for the state. Through his social media handles, DCM emphasized that the substantial allocation would provide Arunachal Pradesh with the resources needed to accelerate infrastructure development and uplift vulnerable communities. Mein reiterated that the Centre’s initiative aligns with its focus on promoting sustainable economic growth and prosperity in the region.
The release of the ₹3040.14 crore tax devolution installment underscores the Union Government’s dedication to addressing the developmental needs of Arunachal Pradesh.
