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Assam govt to provide ₹50,000 loan waivers for women in need

Assam’s Chief Minister, Himanta Biswa Sarma, announced loan waivers for women who have borrowed up to Rs 50,000, as well as financial assistance for flood-affected families. The initiative is aimed at ensuring efficient delivery of welfare benefits to vulnerable communities.

News Arena Network - Guwahati - UPDATED: December 11, 2024, 03:56 PM - 2 min read

Assam Chief Minister Himanta Biswa Sarma addressing a crowd. File photo.


The Assam government has unveiled a series of welfare measures aimed at supporting women and families affected by recent floods.

 

Addressing media persons, Chief Minister Himanta Biswa Sarma announced that women who have availed loans of up to Rs 50,000 from financial institutions will have their loans waived off, with the state government facilitating settlements with the banks.

 

“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,” Sarma stated.

 

 

In addition to the loan waiver, the Chief Minister highlighted plans to provide financial assistance to families impacted by the recent floods. The measures are part of a larger initiative to enhance the quality of life for the people of Assam and ensure the swift delivery of aid to vulnerable communities.

 

Sarma further emphasised that the festival is aimed at fostering progress and improving the living standards of the state's population.

 

“The state government is committed to ensuring the efficient delivery of these benefits and addressing the needs of vulnerable communities,” he added.

 

The initiative has attracted significant attention from the public, with many hailing it as a positive step toward holistic development and social welfare.

 

In light of the recent floods, the state government has committed to providing direct financial assistance to the families most affected, a measure that aims to provide immediate relief and support the recovery of flood-hit regions.

Measures at a glance

Initiative

Details

Loan Waivers for Women Loans up to Rs 50,000 waived off by the state government; ‘no dues certificates’ to be provided
Financial Assistance to Families Aid for flood-affected families to support recovery efforts
Delivery Timeline Benefits to be provided within the next 12 days

 

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