Archive · 26 Jul 2026
Assam Cabinet Approves Stamp Duty Waiver for SHG Loans
The Assam Cabinet has decided to waive stamp duty on loans up to Rs 10 lakh for Self-Help Group (SHG) members.
This will make it easier for women and communities to borrow money for small businesses.
The Cabinet also approved new rules for ayurvedic health services and changes in how MBBS and BDS seats are allocated in medical colleges.
They also decided to make property document registration compulsory and set rules for buying Masur Dal and Sugar.
These changes aim to help people and make processes more transparent and fair.
Assam Cabinet waives stamp duty on SHG loans up to Rs 10 lakh to reduce borrowing costs.
New rules approved for ayurvedic health services and MBBS/BDS admissions.
Procurement of Masur Dal and Sugar to be done through NAFED with market-linked prices.
Compulsory registration of various property-related documents to formalize transactions.
Additional MBBS seats allocated for specific communities and orphan candidates.
- Who
- Assam Cabinet, Chief Minister Himanta Biswa Sarma
- What
- Stamp duty waiver on SHG loans, health service rules, procurement plan, property registration, MBBS/BDS admission reforms
- When
- July 25, 2026
- Where
- Guwahati, Assam
- Why
- To reduce borrowing costs for SHG members, regulate health services, ensure transparent procurement, formalize property transactions, and recalibrate medical education seat allocation
Pro-SHG Loan Waiver
Critics of Loan Waiver
Economic Impact
Pro-SHG Loan Waiver
The stamp duty waiver will reduce upfront borrowing costs and make credit more accessible for SHG members, promoting entrepreneurship and economic growth.
Critics of Loan Waiver
Critics argue that the waiver could lead to increased default rates and financial strain on banks, potentially impacting the overall financial stability.
- Loan Waiver Amount
- Up to Rs 10 lakh
- Applicable Institutions
- Scheduled Commercial Banks, Regional Rural Banks, Cooperative Banks, RBI-regulated Financial Institutions
- Date of Approval
- July 25, 2026
- Procurement Period
- October 2026 to March 2027
- Additional MBBS Seats
- One each for Moran, Matak, Tai Ahom, Chutia, and Koch Rajbongshi communities
- Orphan Seats
- Two MBBS seats for domiciled orphan candidates