Guwahati, Saturday, June 27, 2015
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CM apprised of woes being faced by AFC
Staff Reporter
 GUWAHATI, June 26 – A delegation of the Assam Financial Corporation Employees Union met Chief Minister Tarun Gogoi here earlier this week and submitted a memorandum to apprise him about the present status of the Corporation and about the various problems being faced by it.

 The delegation informed the Chief Minister about the success of various lending schemes of the Corporation including the ‘Chief Minister’s Micro Finance Scheme’, said a statement.

“In view of the successful implementation of various lending schemes, the delegation has requested the Chief Minister to provide the Corporation the balance soft loan fund of Rs 60 crore and share capital of Rs 90 crore, out of the Rs 200 crore proposal submitted before the government of Assam in 2012,” it said.

This will help the Corporation to continue its lending activities to set up more industrial units and to create more employment for the local unemployed youths of the state, the statement said.

The delegation further requested the Chief Minister to provide additional fund to the extent of Rs 20 crore for expansion of micro finance activity throughout the state at low cost under the Chief Minister’s Micro Finance Scheme for providing livelihood support to the poor and needy people of Assam.

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