BC's income limit Increased for AP Govt schemes

Backward Classes Welfare Department - Enhancement of annual income ceiling limit from Rs.50,000/- to Rs.60,000/- in Rural areas and from  Rs.50,000/- to Rs.75,000/-

in Urban areas for the schemes implemented by Andhra Pradesh  Backward Classes Cooperative Finance Corporation Limited, Hyderabad – Orders - Issued.

BACKWARD CLASSES WELFARE (B3) DEPARTMENT

G.O.Ms.No. 3    Dated:16-03-2013  ORDER:-

In the reference 1^st  and 2^nd read above, Government have fixed some  eligibility criteria for getting financial assistance under Margin Money and Rajiv Abhyudaya Yojana Schemes  implemented by A.P. Backward Classes Co-operative Finance Corporation  Ltd., Hyderabad, i.e whose annual family income is below  Rs.50,000/- per annum will be eligible for getting assistance under the Schemes.

2.         In the reference 3^rd read above,  the  VC & Managing Director, A.P. Backward Classes Cooperative Finance Corporation Ltd., Hyderabad has requested the Government for enhancement of annual income ceiling limit from Rs.50,000/- to Rs.60,000/- in Rural areas and from  Rs.50,000/- to Rs.75,000/- in Urban areas for the schemes implemented by Andhra Pradesh  Backward Classes Cooperative Finance Corporation Limited, Hyderabad.

3.         Government after careful examination hereby  decided to enhance the  annual income ceiling limit from Rs.50,000/- to Rs.60,000/- in Rural areas and from  Rs.50,000/- to Rs.75,000/- in Urban areas for the Schemes implemented by Andhra Pradesh  Backward Classes Cooperative Finance Corporation Limited, Hyderabad.

4.         The VC & Managing Director, A.P. Backward Classes Cooperative Finance Corporation Ltd., Hyderabad, shall take further necessary action accordingly.

5.         This order issues with the Concurrence of Finance (ESW) Department vide their U.O.No.7191/409/A2/ ESW/2012, Dated: 19-10-2012.