Assam CM Himanta Biswa Sarma keeps his word, announces loan waiver for debt-ridden women

Assam chief ministerHimanta Biswa Sarmakept his poll promise of coming up with a grand loan waiver scheme for the microfinancedebt-ridden Women.

Sarma on Sunday launched the Assam Micro Finance Incentive and Relief Scheme, 2021 at Tezpur in northern Assam, under which 24 lakhdebt-riddenwomen in the state will be given financial relief.

They will be given upto Rs 25,000 or outstanding balance, whichever is less,” said Sarma. Simultaneously, he said those women who could not repay the loans at all will have to apply for a waiver through a portal. Sarma said the number of such women will be 12 lakh.