Financial Assistance to Individuals Beneficiaries

 

Financial Assistance to Individual Beneficiaries: 

 

Financial assistance for projects upto Rs.7.50 lacs is given to SC/ST individuals  beneficiaries  for  starting any viable income generating economic activity.

 

30% of the project cost subject to maximum of Rs.25.000 is given as subsidy from TAHDCO.  

 

Promoters contribution is required to the extent of 5% of the project cost

 

Balance amount  is arranged as Bank Loan.

 

All individuals in the age group of 18-55 living below the poverty line i.e having an annual family income of less than Rs. 18,460/- in rural areas 28,536/- in urban areas.

  

Assistance Provided in 2004-05 

 

No. of Beneficiaries

Total Assistance
 6981

Rs. 23.68 Crores