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Telangana govt allocates Rs 190 82 cr for minority welfare schemes

Hyderabad: Free NEET, EAMCET Coaching For Minorities

TSMFC beset with low allocations for bank-linked schemes

Minorities Finance Corporation overwhelmed by applications The Telangana State Minorities Finance Corporation (TSMFC), an agency of the Minorities Welfare Department, which deals with economic support schemes - on the one hand is beset with lower budgets and a large number of applications, and on the other, paucity of staff. According to information obtained under the Right to Information Act, 2005, by ASEEM, a non-governmental organisation, the sanctioned strength of the agency is 60, and there is a vacancy of 41 people. The document also lays bare the allocation and the actual expenditure of bank-linked schemes. The scheme hands over loans to applicants with a subsidy, depending on the amount applied for.

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