Overview
- He highlights that Assam’s fiscal deficit repeatedly exceeded the 3% of GSDP limit, peaking at 6.5% in 2022-23, while liabilities climbed to ₹1.84 lakh crore, or 25.2% of GSDP, by July 2025.
- Citing adverse findings from the CAG, RBI and PRS India, he alleges systemic mismanagement such as understatement of deficits, misclassification of expenditures and underutilisation of funds.
- The petition asks the High Court to direct the Comptroller and Auditor General to complete a time-bound, three-month audit of the state’s compliance with the Assam Fiscal Responsibility and Budget Management Act.
- Saikia has requested an interim stay on seven post-budget cash transfer and freebie schemes announced outside the annual budget ahead of the 2026 state elections.
- Invoking Article 226 of the Constitution, he argues that judicial oversight is crucial to uphold statutory fiscal targets and protect Assam’s economic stability and public welfare.