GUWAHATI: The Assam government has allocated a sum of ₹550 crore for the Assam Micro Finance Incentive and Relief Scheme during the upcoming financial year 2024-25.
Under the latest phase, Category III, which focuses on supporting economically vulnerable women borrowers, approximately 2,22,949 beneficiaries have been identified for assistance.
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Notably, this phase targets accounts with outstanding principal amounts ranging from ₹25,001 up to ₹50,000, specifically addressing non-performing assets as of 31st March 2021.
Around 12 lakh beneficiaries are receiving assistance totaling ₹2,081 crore under this scheme.