page_title: Golaghat
section_title: Economy
hierarchical_section_title: Golaghat / Economy
caption_attribution_description: English: This was the official logo of the defunct Comilla Banking Corporation Limited. The Golaghat branch of The Comilla Banking Corporation Limited was established in 1937. অসমীয়া: বিলুপ্ত কুমিল্লা বেংকিং কর্পোৰেশন (নিগম) ৰ অধিকাৰিক প্ৰতিক চিন। কুমিল্লা বেংকিং কর্পোৰেশন (নিগম) ৰ গোলাঘাট শাখা ১৯৩৭ চনত প্ৰতিষ্ঠা কৰা হৈছিল।
context_page_description: Golaghat one of the largest subdivisions of the Indian state of Assam, later elevated to the position of a full–fledged district headquarter on 5 October 1987, is a city and a municipality and the seat of administrative operations of Golaghat district, besides being a twin city to Jorhat which is about 55 km away. It is one of the oldest urban areas in Assam that recently featured on the Smart Cities nominations list, along with Guwahati and four other prominent urban areas of the state; although losing out to Guwahati at the final stage. The Dhansiri, one of the tributaries of the Brahmaputra, passes through Golaghat and is the primary water source for its citizens.
  One of the earliest tea urban centres in Assam that has been the headquarters of the oldest subdivision for over 182–183 years since 1839, the local government body, Golaghat Municipal Board, was set up in 1920, becoming a long-established civic body of the state, formed before independent India. It is a historical body of 101–102 years of age in continuous operation dating as far back as the early 1920s.
  Golaghat has the inceptive post/mail service and telegraphic communication systems in Assam going back to 1876.
context_section_description: The modern economy in Golaghat began with a system of organized banking that started in 1926 with a functioning branch of the Gauhati Bank. The years thereafter led to the establishment of other newer banks, namely; the Union Bank, a cooperative bank under the presidency of Debeshwar Rajkhowa in 1930 and the Comilla Banking Corporation Limited in 1937. Later, the merger of Comilla Banking Corporation Limited with Tripura Modern Bank Limited led to the formation of United Bank of India branch in 1950.
  Golaghat is an agrarian economy, comprising cultivation of cash crop: tea, besides food crops, such as rice and sugarcane.
caption: Comilla Banking Corp. Ltd. 
   Golaghat Br. 
   ESTD 1937
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