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The Following Schemes Are Being Implemented For
The Down Trodden People Of B.Cs In The District |
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MARGIN MONEY SCHEME: |
PROVIDING
FINANCIAL ASSISTANCE FOR SELF-EMPLOYMENT SCHEMES.
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- Extent
of Loan : 20% Unit cost subject to
ceiling of Rs.10,000/- all self employment activities
approved by lending bank.
- Bank
loan 70%,
Margin money 20%,
beneficiary contribution
10%.
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Rate of interest 6.5% p.m.
- Repayment.
* Agriculture sector .. 5 years - yearly installments.
* Animal Husbandry .. 3 years - half yearly installments.
* Other sectors .. 2 years - Monthly installment
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2005-06
As on 30th june,2005 |
Targets |
Achievements |
Physical |
Financial
(in lakhs) |
Physical |
Financial
(in lakhs) |
222 |
8.09 |
38 |
2.84 |
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| N.B.C.F.D.C.
SCHEME: |
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DIRECT LOAN FROM NATIONAL
BACKWARD CLASSES FINANCE DEVELOPMENT CORPORATION |
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Guidelines: |
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Candidates must belong to B.Cs. |
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Annual income for rural areas Rs.40,000/- |
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Annual income for urban areas Rs.50,000/- |
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Age : 18 years and above 55 years are not
eligible. |
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Funding
Pattern: |
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Term loan .. 85% |
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Beneficiary contribution .. 15% |
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| Implementation of schemes: |
After sanction of the scheme concerned
MPDO and BC Society official one beneficiary
put together will implement the scheme. |
| Payment of loan: |
After grounding the
scheme, the beneficiary shall repay the loan
within 5 years with 7% interest. |
| Selection procedure: |
The district selection
committee appointed by the District Collector
shall select the eligible beneficiaries. |
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An Official Website of
The District Collectorate of Khammam
e-Mail : collector_kmm@ap.gov.in
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