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Sc Corporation

OBJECTIVE:

1. To provide financial assistance for creation of income generating assets.

2. To offer training programmes for Skill up-gradation leading to Self / Wage employment. 3. To plug critical gaps of finance in economic support schemes.

MISSION:

The Mission is to provide financial assistance for creation of income generating assets to the poor Scheduled Caste households for Social and Economic Development.

VISION:

1.The primary duty of the Corporation is to undertake the tasks of economic upliftment of the members of the Scheduled Castes in the State.

2.Telangana Scheduled Castes Co-Operative Development Corporation Ltd was set up in the year 2014 with a view to take up programmes for the Economic Development of Scheduled Caste families in the State

Achievements:

  • The erstwhile AP Scheduled Castes Co-op Finance Corporation Ltd, Hyderabad, was set up in the year 1974 with 23 Dist SC Societies in the undivided State of Telangana.  
  • Pursuant to the Andhra Pradesh Reorganization Act, 2014, APSCCFC Ltd has been bifurcated into two entities and TSCCDC  Ltd  has been created  for the State of Telangana  with 10 Dist SC Societies,  w.e.f. 02-06-2014.
  • The Government of Telangana have created 23 new Districts from out of (10) erstwhile Districts and that the total (33) Districts were came into existence in the State of Telangana.
  • Share holding pattern is in the ratio of 51:49 between State Govt. and Govt. of India.
  • The State of Telangana is having 54,08,800 SC population (15.45%) out of total population of 3,50,03,674 as per 2011 census.
  • Schemes being taken up include Purchase of Agricultural Lands, Bore Wells, Tube Wells, Filter points, Pump sets, Pipe Lines, Energization under Minor Irrigation Schemes, Schemes under A.H Sector, Horticulture Sector & ISB sector with special emphasis on Vulnerable sections like Scavengers / Safai Karamcharis, Bonded Labour, Flayers & Tanners, Jogins etc, besides various training programmes.
  • Since inception (1974-75 to 2020-21), about Rs.4749.69 Cr have been spent through SC Corporation benefiting around19.89lakhs beneficiaries in the State.
  • The average spend is around Rs.101.06 Cr per annum.

There are different types of schemes present in the portal for scheduled castes. The different schemes are give below:

  1. Self Employment Scheme
  2. Minor Irrigation Schemes
  3. Land Purchase Scheme
  4. Animal Husbandry Schemes
  5. Pavala Vaddi Scheme
  6. District Initiatives
  7. Beneficiary Awareness Programme
  8. Infrastructure Development

Government Schemes:

Economic Support Schemes(ESS):

These are the schemes introduced to generate income for the scheduled caste people.

  1. Petty Business: The beneficiaries get a 100% subsidy for this scheme. The maximum subsidy is up to 50,000.
  2. Skilled Category: Under this scheme, the beneficiaries will get the loan based on their skill. 50% per cent of the total target under the Economic Support Scheme is allocating to the trained candidates. The district-level committee will select the candidates.
  3. Unskilled Category: remaining 50% of the economic support schemes will be allocate to the unskilled Category. The candidates will be select by conducting grama Sabhas/ ward Sabhas. The subsidy pattern will be as follows: For a unit cost up to 1 lakh is 80%, and for a unit cost up to 2 lakh is 70%, and for unit cost from 2.01 lakh up to 12 lakh is 60%.
Eligibility Under self-employment Scheme:

Age Criteria:

  1. 21-50 years of age for non-agricultural schemes.
  2. 21-60 years of age for agricultural schemes.
  3. 18-45 years of age for skill development programs.
  4. 18-35 years of age for wage employment program.

Income criteria for SC Corporation loan:

  1. 1,50,000/- per annum for rural areas.
  2. 2,00,000/- per annum for urban areas.
  3. The government decided to reduce the income limit for the skill development program.

Preferred Conditions:

  1. Candidates with higher educational qualifications or having a specific skill.
  2. People who are applying for the self-employment scheme for the first time.
  3. Women beneficiaries have a 33% reserved quota.
  4. Persons with disabilities were given a 5% reservation.
  5. Only one person from the household shall be consider under the self-employment scheme.
SC Corporation loan Some other conditions:
  1. Every beneficiary should apply online from the OBMMS portal.
  2. All the beneficiaries must possess the documents required for the application.
  3. For driver empowerment, the beneficiary must have a driving license.

Land Purchase Scheme:

Under this scheme, the poorest among the poor women who belong to the scheduled caste will be provided 3 acres of land for one crop year with a 100% subsidy on irrigation and crop assistance.

Minor Irrigation Scheme:

The SC Corporation loan will irrigate the lands under the Land Purchase Scheme through bore wells, open wells, or canals with 100% subsidy.

Crop Assistance:

The SC Corporation will provide crop Assistance for one year for the land under the Land Purchase Scheme.

Energization:

The women beneficiaries were also given power connection to the lands under the Land Purchase Scheme to provide irrigation.