(GIST OF YOJANA) Funding SS Entrepreneurs - August - 2017

(GIST OF YOJANA) Funding SS Entrepreneurs - August - 2017

The scheme of Venture Capital Fund for Scheduled Castes was launched in 2014-15 with unique feature of higher level of loans from Rs.50 lakhs to Rs.15 crores for SC entrepreneurs. Till date loans amounting to Rs.236.66 crores to 65 Scheduled Caste entrepreneurs has been sanctioned in different areas including Solar Energy, Water treatment plants, Food processing and Beverages, Hotel etc. In nine projects, beneficiaries have started repayment and the Scheme is also having multiplying effect on other SC entrepreneurs.

So far as the Skill Development is concerned, training is undertaken by all State Governments under the Scheduled Caste Sub Plan and by National Scheduled Caste Finance and Development Corporation (NSFDC), National Safai Karamcharis Finance and Development Corporation (NSKFDC) and National Backward Classes Finance and Development Corporation (NBCFDC). Over 1.5 lakh beneficiaries have benefitted from 2014-15 to 2016-17 and 48.42 per cent got wage/self-employment.

Under Entrepreneurship, over 17 lakh people have benefitted from subsidy given for loans taken for economic activities in the last three years under Scheduled Caste Sub Plan. Over 8.12 lakh beneficiaries have been given loans by the Corporations for entrepreneurships in the last three years.

Study Material for UPSC General Studies Pre Cum Mains

This is Only Sample Material, To Get Full Materials Buy The Gist 1 Year Subscription - "Only PDF" Click Here

Click Here to Download More Free Sample Material

Go Back To Main Page

Courtesy : Yojana