Guwahati, June 26 -- Collateral free loan for 28,654 number of Micro, Small and Medium Enterprises (MSMEs) worth Rs. 738.44 crore have been sanctioned in the state of Assam till date under the Atmanirbhar Bharat Abhiyan.

"The effort by general managers to link up the MSMEs with banks continues. The figure of sanctioned loan of Rs 738.44 crore for 28,654 numbers of MSMEs speaks for itself that Assam's MSMEs have a good track of credit-deposit ratio and the status of their performance has been very encouraging," said industries and commerce minister Chandra Mohan Patowary on Thursday.

"It is expected that more MSMEs will come forward to avail the scheme and boost the economy," he added.

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