Minorities Annual Income Ceiling

Minorities Welfare Department – Andhra Pradesh State Minorities Finance Corporation Limited – Enhancement of Annual Income Ceiling limit from Rs.50,000/- to Rs.75,000/- under Subsidy Grant for Bankable Scheme – Orders – Issued.

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O R D E R:-

In the G.O. 1st read above, orders were issued fixing the Annual Income Ceiling limit upto Rs.50,000/- under Subsidy Grant for Bankable Scheme.

2. In the references 2nd & 3rd read above, the Vice Chairman & Managing Director, A.P. State Minorities Finance Corporation Limited, Hyderabad has requested the Government to enhance the Annual Income Ceiling limit from Rs.50,000/- to Rs.75,000/- under Subsidy Grant for Bankable Scheme, as it has been done in other Welfare

Corporations.

3. After, careful examination, the Government has decided to enhance the Annual Income Ceiling limit from Rs.50,000/- to Rs.75,000/- under Subsidy Grant for Bankable Scheme. In order to establish any viable self employment unit and to identify entrepreneurial of capabilities among minorities and facilitate them to emerge as successful

entrepreneurs in the Society.

4. The Vice Chairman & Managing Director, A.P. State Minorities Finance Corporation Limited, Hyderabad shall take necessary action accordingly.a