
#News | During the Assam Budget Session 2026 on Monday July 13, MLA Akhil Gogoi questioned the implementation of the Assam Micro Finance Incentive and Relief Scheme (AMFIRS), 2023, alleging that the government's promise to provide relief to all women with microfinance loans remains unfulfilled. He raised concerns over the extent of loan waiver benefits and urged the government to take further action.
Gogoi said the government had promised before the 2021 Assam Assembly elections to free all women from microfinance debt. However, he claimed that while the state has provided around ₹ 2,000 crore under AMFIRS, the total outstanding microfinance debt was estimated at ₹ 12,500 crore. According to him, only about 10 lakh of the 27 lakh women borrowers have received loan relief, while nearly 17 lakh women are yet to benefit.
He also called for the effective implementation of the Assam Microfinance Institutions (Regulation of Money Lending) Act, 2020, stating that recovery agents should not harass borrowers. Gogoi urged the government to ensure that all eligible women receive the promised loan relief and are protected from harassment by microfinance institutions.
The remarks highlighted concerns over the implementation of the state's microfinance relief programme, with Gogoi calling for greater transparency, effective enforcement of existing laws and wider coverage of loan relief for eligible women borrowers.