TS issues guidelines for implementing Economic Support Schemes

Vishwas News

Hyderabad, July 27:The Telangana government issued guidelines for implementing the Economic Support Schemes by the Telangana State Backward Classes Cooperative Finance Corporation and the 11 BC Federations by announcing the constitution of committees to oversee the schemes' implementation.
In its orders issued on Thursday, the Backward Classes Welfare Department said each district-level scrutiny committee will be headed by the respective Collector with the Joint Collector and Project Director/District Revenue Development Officer as members, and the District BC Development Officer as its member-convener.
It also said the district Scheduled Caste Development Officer and Minority Welfare Officer should be invited to the committee meetings for the schemes of Budga Jangam and Dudekula caste, among others.
The committee will be vested with the responsibility of ensuring transparency in selection of beneficiaries. Preference should be given to the poorest of the poor and no scope shall be given to any middlemen, the orders read.
According to the order, 100 per cent subsidy is to be given as grant to the unit cost of Rs 50,000 from BC Corporation or the respective federations to those who apply for setting up industries, services and petty businesses. The sanctioned funds can be used for purchasing material such as vegetables, fruits, bangles etc., as per their line of business.
For other applicants seeking to set up traditional occupation business, Rs 80,000 subsidy will be provided for the upgradation such as purchasing tools, equipment and machinery. The remaining Rs 20,000 is to be contributed by the applicant.
For artisan communities such as Vishwabrahmin, Nayee Brahmin, Kummari etc., a subsidy of Rs 80,000 will be sanctioned out of the unit cost of Rs 1 lakh and the rest would be borne by the beneficiary. All subsidy amounts are to be paid only through cheques, the order said.
The orders said the BC Corporation or the federations will prepare a list of manufactures, suppliers for occupation-wise material, equipment and machinery with the rates to be negotiated by the Corporation or federations. All applicants will be free to purchase material from anyone from the list or any other source as the list is meant only as a guide. Agencies
Source: Vishwas News



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