Which State/UT has announced a Microfinance Incentive and Relief Scheme?
[A] Puducherry
[B] Sikkim
[C] Assam
[D] Telangana
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Answer:
C [Assam]
Notes:
The Assam government has signed a memorandum of understanding (MoU) with 37 microfinance lenders for implementation of the Assam Microfinance Incentive and Relief Scheme (AMFIRS), 2021.
The scheme is aimed at providing financial relief to the microfinance borrowers in Assam to help them continue maintaining good credit discipline in covid-19 times.
The scheme will provide incentive to clients who are regular in repayments and help overdue clients become regular.
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