Contribution towards Share Capital to Haryana Scheduled Castes Finance & Development Corporation.
Haryana Scheduled Castes Finance & Development Corporation was set up in January, 1971 with the sole object socio-economic development of Scheduled Castes. This Nigam provides financial assistance to Scheduled Castes persons under various income generating
schemes. The State Govt. helps the Haryana Scheduled Castes Finance & Development Corporation by providing equity participation as Share Capital and matching assistance for promotional activities and evaluation cell, recovery wing etc. The amount under the
scheme is shared in the ratio of 51:49 between State and Central Govt. to the Corporation. The Nigam provided loan to 13557 persons belonging to Scheduled Castes amounting to Rs. 6291.70 lacs under different income generating schemes for the year 2009-10.