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The Bill, which was introduced by Parliamentary Affairs Minister Pijush Hazarika on behalf of Chief Minister Himanta Biswa Sarma, who also holds the home portfolio, has been named the Assam Healing (Prevention of Evil) Practices Bill, 2024.
Assam Cattle Preservation Bill 2021 says, beef can't be sold in Hindu, Sikh, Jain areas Assam: হিন্দু, শিখ এলাকা ও মন্দিরের ৫ কিলোমিটারের মধ্যে গোমাংস বিক্রি নয়, নয়া বিল অসমে সংবাদ সংস্থা গুয়াহাটি ১৩ জুলাই ২০২১ ০৩:৫৫ গো-সুরক্ষায় নয়া বিল অসমে। —প্র...
The recently passed Micro Finance Institutions (MFI) Bill, 2020 by the Assam Assembly has the potential to increase asset quality challenges for micro lenders, according to a Crisil Ratings report. It said announcement of any loan waiver could affect the repayment discipline which could further worsen the situation for micro financiers. Assam's microfinance portfolio (including banks and non-banks) was estimated at Rs 12,400 crore as of September 2020 or around five per cent of such loans in the country. "For the sector, it's dj vu a decade after the Andhra Pradesh (AP) ordinance of 2010,"...
What lies ahead for Assam microlenders? Microlenders operating in Assam may face an impasse following the enactment of a recent state law January 13, 2021 / 01:07 PM IST Worried microfinance institutions (MFIs) have initiated dialogues with the Assam State government, the Reserve Bank of India (RBI) and the central government with respect to a recent state law. The law was enacted by the Assam government to control the operations of the microlenders following reports of coercive lending practices. Certain provisions of the law, called The Assam Microfinance Institutions (Regulation of Mon...
Uddalok Bhattacharya sums up Ajay Shahsays: Establishing conditions for sustained growth will be assisted by resolution of stressed firms, so that we get back to a large fraction of the overall balance sheet being in healthy firms. Why honey? Why bees? Because this army of nature is crucial for the productivity of our food system and the honey they make works for our well-being and health. Sunita Naraintells you what the issues involved are Is the Assam Bill a repeat of the 2010 Andhra Pradesh law, which almost killed the micro-finance industry? No, says Tamal Bandyopadhyay Racial abuse ...