The State administration is putting the finishing touches on the second phase of its minority-focused 100% subsidized loan program. Officials from the Minority Welfare Department claim that the telangana Minority Finance Corporation is moving on with plans to give each of the 14,300 applicants Rs 1 lakh. For the second phase, the government has already set out Rs 153 crore, and district collectors and district minority welfare officers have been instructed to ensure that the program is implemented correctly.

According to the officials, the second phase of the minority subsidy program has been made possible by the effective completion of the first phase. On august 19, 10,000 minority recipients received checks for Rs 1 lakh apiece as part of the government's initial Rs 100 crore distribution. Each assembly constituency's 120 qualified members of minority communities receive subsidies from the government.

The state of telangana is getting ready to roll out the second phase of its 100% subsidised loan programme for minorities. Each of the 14,300 minority candidates would get Rs. 1 lakh, according to a proposal set forward by the telangana Minority Finance Corporation. To guarantee the execution of the programme, rigorous directives have been given to district collectors and district minority welfare officers. Imtiaz Ishaq, the chairman of the Minority Finance Corporation, revealed that the government has set aside Rs. 153 crore for this purpose.
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SIBY JEYYA

12/09/2023 09:08 AM