Assam: Himanta Biswa Sarma announces loan waiver for women borrowers upto Rs 50,000

Assam Chief Minister Himanta Biswa Sarma has announced a grand 12-day festival of development across the state, promising benefits to 12 lakh people. 

As part of this initiative, various welfare measures will be implemented, including the distribution of scooties to girl children, scholarships and bicycles to girl students, loan waivers for mothers, and financial assistance to families affected by floods.

Addressing the press, the Chief Minister stated, "The women folks of Assam who have availed loans up to Rs 50,000 from financial institutions, the loan will be waived off by the state government with the settlement with the banks. In the next 12 days, the folks who have taken loans up to Rs 50,000 will be given 'no dues certificates' from the banks."

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The Chief Minister emphasized that the festival is aimed at fostering progress and enhancing the quality of life for the people of Assam. The state government is committed to ensuring the efficient delivery of these benefits and addressing the needs of vulnerable communities.

This ambitious initiative reflects the government’s dedication to holistic development and social welfare, and it has garnered significant public attention.