SC coop. corporation to help 1,26,519 beneficiaries

Keen on doing away with the brokers

May 18, 2017 07:16 am | Updated 07:49 am IST - VIJAYAWADA

Andhra Pradesh Scheduled Castes Co-operative Finance Corporation Chairman Jupudi Prabhakar addressing a press conference in Vijayawada on Wednesday.

Andhra Pradesh Scheduled Castes Co-operative Finance Corporation Chairman Jupudi Prabhakar addressing a press conference in Vijayawada on Wednesday.

Andhra Pradesh Scheduled Castes Co-operative Finance Corporation chairman Jupudi Prabhakar on Wednesday said a total outlay of ₹2,176.99 crores was earmarked to benefit 1,26,519 beneficiaries during 2017-18.

He told the media the outlay would comprise subsidy (₹1,150.53 crore), bank loan (₹846.30 crore) and Central Government’s National Scheduled Castes Financial Development Corporation loans (₹120 crore). “Corporation will address 20-lakh families across the State with an aim to provide ₹10,000 income to one person in a family”.

Mr. Prabhakar said some nationalised banks were not supporting the schemes taken up by corporation. “We are interacting with the bankers and conducting workshops to them making them realise their responsibility towards serving weaker sections.”

He said the corporation was keen on doing away with brokers and middlemen system by involving beneficiaries directly by using technology. “The aim of the corporation is to reach to the unreached areas by using promotional activities such as street plays, wall-writings and distribution of posters and pamphlets,” he pointed out.

He said the corporation recently distributed 125 high-end Innova cars to the beneficiaries and under the Land Purchasing Scheme 4,000 acres of land were set aside for them. “This year we want to distribute 200 Innova cars and 30 public supply vehicles with the support of NSFDC loans.”

Foolproof system

The chairman said that efforts would be made to prevent the same family getting the benefits from the schemes. “We want to put in place a foolproof system to prevent repetition.” Mr. Prabhakar said that earlier governments had ignored the SC Action Plan and released a meagre amount for their welfare. “The total outlay allotted by the earlier Congress Government was just ₹65 crore,” he said.

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