Guwahati: Assam, has once again emerged as a beacon of economic stability by recording the lowest inflation rate for the month of September, 2023 according to data released by the National Statistical Office. This achievement underscores the state's commitment to maintaining price stability and boosting economic prosperity for its residents.
In September 2023, Assam achieved an exceptionally low inflation rate of just 4.39 percent, compared to last year's figure of 7.08 percent during the same period.
Delhi and Chhattisgarh also made notable entries in the list of states with low inflation figures, reporting rates of 1.98 percent and 2.24 percent, respectively.
Responding to the retail inflation numbers, Chief Minister Himanta Biswa Sarma expressed his satisfaction and emphasized the state government's unwavering commitment to fostering economic stability.
Sarma highlighted that Assam's monthly inflation rate of 4.39 percent is significantly lower than the national average, a testament to the success of their people-friendly policy measures and a stable taxation regime.
He attributed this accomplishment to a range of factors, including policies aimed at ensuring ease-of-life for the citizens, in line with the principle of "Garib Kalyan," or welfare of the poor. He stated, "We are committed to ensuring a low inflation regime in the state," underscoring the state government's dedication to the well-being and economic security of Assam's residents.
In contrast to Assam's economic achievement, Rajasthan marked the highest inflation rate in September 2023 at 6.53 percent, followed by Haryana at 6.49 percent, and Karnataka at 6.00 percent, according to the released data. These figures highlight the variance in economic conditions across different states in India, with Assam leading the way in promoting affordability and economic stability.
Assam's remarkable feat in maintaining a low inflation rate not only benefits the state's residents but also showcases the efficacy of strategic economic policies in achieving economic stability.
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