
Telangana Govt permissions Rs 50 cr for bank-linked aid for minorities

Hyderabad: The State government has actually approved Rs 50 crore for the execution of ‘Bank Linked Subsidy – Economic Support Scheme’ for minorities for the economic year 2022-23 by calling fresh applications with Online Beneficiary Management & & Monitoring System (OBMMS) internet site.
State Minority Finance Corporation chairman Mohd Imtiyaz Ishaq claimed the qualified minorities can make use of financings of category-I (Rs 1 lakh with 80 percent aid) as well as category-II (Rs 2 lakh with 70 percent aid) under the bank-linked Subsidy by using with OBMMS internet site. He said thanks to the Chief Minister for approving Rs 50 crore in the direction of execution of the bank-linked aid for bad minorities in theState
The full standards as well as timetable for calling applications will certainly be connected quickly. All applications of the previous years will certainly be shut. For the previous 4 years greater than 1.5 lakh applications were pending.