Assam Government rolls out microfinance loan waiver scheme, 2023

Assam Chief Minister Himanta Biswa Sarma has launched new scheme Mukhyamantri Atmanirbhar Asom Abhijan for supporting financially, entrepreneurs in Assam by providing Rs. 2 lakh to each.

According to the sources, Assam Chief Minister Himanta Biswa Sarma along with the scheme has also announced about benefitting Micro-finance loan borrowers under the new scheme launched.

Sarma said, “A section of the media also claimed that we have backtracked on our earlier poll promises. I want to make it clear that we have been fulfilling all our promises. Those loans which had become non-performing as of March 31, 2021, will get reliefs.”

The state government is giving out a total of Rs 291 crore as compensation to the Microfinance Institutions under the Assam Microfinance Incentive and Relief Scheme. Also the government has announced about benefitting a total of around 2.2 lakh women borrowers from across the state.

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