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SC Corpn to sanction `4,528 cr for units
Highlights
Additional Joint Collector Dr Nagendra said that the district administration has the target of sanctioning Rs 4,528 crore worth self-employment scheme units through SC Corporation in the present financial year.
Karimangar: Additional Joint Collector Dr Nagendra said that the district administration has the target of sanctioning Rs 4,528 crore worth self-employment scheme units through SC Corporation in the present financial year.Announcing the SC Corporation action plan to the media at his chamber in the Collectorate here on Thursday, the AJC said that there were three categories in self-employment units.
In the first category, beneficiaries could get 80 percent subsidy on the loan amount given up to Rs 2 lakh, 70 percent subsidy (RS 2 to Rs 5 lakh loan) in the second category and 60 percent subsidy (up to Rs 10 lakh) in the final category.
Interested candidates can submit their applications to MPDOs and Municipal Commissioners from December 18 to 25. MPDOs, Bankers, Municipal Commissioner would conduct the selection process from December 27 to January 3. Unit would be grounded from January 25, AJC Nagendra informed.
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