Priyanka Poojary
Assam state government started Micro Finance Loan Waiver Scheme in the state. Chief Minister Himanta Biswa Sarma launched the scheme. This scheme is started with a motive to encourage the women beneficiaries to make regular re-payment of loan amount. Under this scheme the state government will provide incentives up to Rs 25000/- to each woman beneficiary. This scheme intends to motivate the women to maintain good credit discipline. CM distributed cheques to 5000 women beneficiaries of Tinsukia district on February 4, 2022. About 22674 women in Tinsukia district will get relief under this scheme.
Scheme Overview:
| Scheme name | Micro Finance Loan Waiver Scheme |
| Scheme under | Assam Government |
| Launched by | Chief Minister Himanta Biswa Sarma |
| Beneficiaries | Women who have borrowed micro finance loans |
| Major benefit | Financial assistance through waiving off the loans |
| Major objective | To provide financial assistance to women and encourage them to maintain good credit discipline. |
Benefit:
- This scheme will empower the women beneficiaries in the state.
- Beneficiaries will get a one-time assistance amount of Rs 25000 or outstanding balance whichever is less.
- It will inculcate borrowing and repayment habit.
- This will encourage women to maintain good credit discipline.
- This will provide financial assistance by waiving off the loans.
- It will encourage financial stability of women thereby ensuring their welfare.
Eligibility:
- This scheme is only applicable to women.
- Woman must be a resident of Assam state.
- Woman must have borrowed loans from micro finance institutions in the state.
Required Documents:
- Aadhaar card
- Domicile certificate
- Bank loan documents
- Bank account details
- Passport size photo
Key Points:
- Micro Finance Loan Waiver Scheme is started by Chief Minister Himanta Biswa Sarma in the state.
- This scheme covers all the women who have borrowed loans from micro finance institutions in the state.
- Under this scheme the state government will provide incentives up to Rs 25000/- to each woman beneficiary.
- This scheme is started with a motive to encourage the women to maintain a good credit discipline.
- It will beneficiaries to make regular re-payment of loan amount.
- Eligible women beneficiaries will get the amount under this scheme based on their bank loan repayment records.
- CM distributed cheques to 5000 women beneficiaries of Tinsukia on February 4, 2022.
- Remaining beneficiaries will get their cheques at different block offices.
- About 22674 women beneficiaries in Tinsukia will get relief under this scheme.
