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NEDFi micro lending scheme for small entrepreneurs launched in Assam

Updated: Aug 10, 2022 07:56:24am
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NEDFi micro lending scheme for small entrepreneurs launched in Assam

Guwahati, Aug 10 (KNN) The Assam chief minister Himanta Biswa Sarma on Tuesday launched the 'NEDFi Micro Lending Scheme’ aimed at assisting small enterprises and entrepreneurs of the north-east region.

The scheme was launched at the 27th Foundation Day celebration of the North Eastern Development Finance Corporation (NEDFi), in Guwahati.

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At the event, the chief minister also launched the NEDFi Haat website, a mobile-based application titled 'Advancing Northeast' - a joint initiative between NEDFi and North-eastern Council (NEC).

To help more and more entrepreneurs in the state, the Assam government has announced a contribution of Rs 100 crore towards the newly launched scheme. Under this scheme, an amount of Rs 7.89 crore on behalf of NEDFi was distributed among 669 borrowers.

Speaking on the occasion, sarma said “NEDFi is playing an important role in empowering our region and its people. I hope the NEDFi Micro Lending Scheme with loan size up-to Rs 2 lakh per beneficiary will help micro entrepreneurs in setting up and expanding their economic activities an Assam and other parts of Northeast.”

NEDFi Chairman and Managing Director PVSLN Murty and its Executive Director SK Baruah were amongst those present on the event.  (KNN Bureau)

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