(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.
Courtesy : Yojana