In Assam Budget, BJP-led govt. proposes ‘green cess’ on polluting industries
AI Summary
The Assam government led by the BJP proposed a 'green cess' on polluting industries including stone crushers and brick kilns as part of the state's budget expansion to over ₹2 lakh crore. The levy targets environmental sustainability by taxing industries contributing to pollution and groundwater extraction.
Finance Minister Jayanta Mallabaruah says the State’s budget size has expanded almost threefold to over ₹2 lakh crore over 10 years; the green cess would be levied on stone crushers, coke-based industries, brick kilns, transfer of second-hand vehicles, and in commercial extraction of groundwater
Politics Markets Health Commodities Assam budget green cess pollution tax environmental policy industrial regulation polluting industries