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Assam economy: Gains and gaps
Business Standard
|January 12, 2026
The state has recorded rapid growth and rising incomes in recent years, even as dependence on central support, rising debt-to-GSDP ratio and weak socioeconomic indicators continue to temper the progress.
Assam Chief Minister Himanta Biswa Sarma recently cited Reserve Bank of India (RBI) data showing Assam as the fastest-growing state economy over the past five years, from 2019-20 (FY20) to FY25.
According to the data, Assam’s gross state domestic product (GSDP, at constant prices) grew by 45.33 per cent during this period, increasing from ₹2.4 trillion in FY20 to nearly ₹3.5 trillion in FY25 — the highest growth rate recorded by any Indian state in these five years. Over the same period, India’s overall GDP expanded by 29.33 per cent.
This story is from the January 12, 2026 edition of Business Standard.
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