Assam’s Debt Story: Why the State’s Borrowings Have Risen 4.5 Times in a Decade
“Assam’s debt rose 4.5 times to ₹1.62 lakh crore in the last 10 years.”This headline, reported from the Assam Assembly on 15 July 2026, has reignited debate over the fiscal health of one of Northeast India’s fastest-growing states. According to Finance Minister Jayanta Mallabaruah’s, Assam’s outstanding debt increased from around ₹35,690 crore in March 2016…