Question 3133

In September 2021, which state cabinet has approved Rs.1800 crore to provide relief to around 11 lakhs microfinance borrowers who are making regular payments to banks?

Answer

Assam

Why?

The correct answer is Assam . Key Points Assam cabinet has approved Rs.1800 crore to provide relief to around 11 lakhs microfinance borrowers who are making regular payments to banks. The government of Assam had signed an MoU with Microfinance Institutions for implementation of Assam Micro FinanceIncentive and Relief Scheme (AMFIRS) , 2021 in Aug 2021. The state govt would be required to spend close to Rs. 7,200 crore in loan waiver. Additional Information ​ Assam: Chief Minister - Himanta Biswa Sarma Governor - Jagdish Mukhi. Number of districts - 33. Lok Sabha seats - 14. Rajya Sabha seats - 7.