News Karnataka
Thursday, May 02 2024
Bengaluru

New loan scheme for small businessmen from minority communities

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Bengaluru: Under the Professional Incentive Scheme of Minority Development Corporation in collaboration with banks, a new scheme to provide loan and subsidy to mechanics, carpenter, fruits and vegetables sales, bakery and puncture and welding shops, electrical/electronic repairs, etc. professions at a cost of Rs.30 crore will be undertaken.

“Rs. 200 crore will be allocated for the development and various programmes for the Christian Community. Various programmes will be taken up for comprehensive development of Jain and Sikh communities at a cost of Rs.80 crore,’’ the chief minister said.

The Budget allocates Rs. 10 crore for the construction of Ivan-a-Ashraf Memorial Hall at DarulUlum Sabeel Ur Rehaman Rishad, Arabic College campus, Bengaluru. Diversity and Minority Study Chair will be established at Bengaluru Central University (Central College).

“Cash incentives for securing highest marks by students staying in minority hostels/residential schools and talent awards for the residential schools/colleges securing good results will be given on the lines of Backward Class Welfare Department model,’’ he said.

Start-up Loan Facility scheme for women will be implemented at a cost of Rs.15 crore through Minority Development Corporation. “Rs.15 crore will be provided in a phased manner towards modernisation of Madarasas, formal education and improvement of basic infrastructure,’’ he said.

The budget, on the occasion of Silver Jubilee Celebration of Karnataka State Wakf Council, proposes various schemes in the next 5 years. “For this purpose, Rs.20 crore will be provided to Council’s Corpus Fund during the year 2018-19,’’ he said.

The Budget proposes 25 new Morarji Desai Residential Schools, 5 pre-matric Women Hostels, 2 Model Residential Schools will be started. 25 student hostels, 10 working women hostels, 4 B.Ed. and D.Ed. English medium, girls Residential Colleges and Resource Centre.

“Student hostels/Model/Aadarsha school/Residential colleges will be opened at 25 places where own buildings are constructed under M.S.D.P. plan,’’ he said.

The admission strength of 25 post-matric hostels will be enhanced by 25 seats each. Mutual admission will be provided at all pre and post-matric girls hostels. 5 pre-matric boys’ hostels will be upgraded.

“Commerce Department will be opened at five pre-university colleges having science departments at present. The admission strength of 10 Morarji Desai Residential schools will be enhanced from 50 to 60.

Family annual income limit for admission which is at Rs. 44,500 for hostels and Rs.1 lakh for residential schools will be enhanced to Rs.2.50 lakh.

“Compensation will be given to students of Minority hostels and residential schools/ colleges in case of accidents on the lines of KREIS. Monthly food charges will be enhanced by Rs.100 per student at all government pre-matric, post-matric residential schools/colleges. Monthly food charges will be enhanced from Rs.750 to Rs.800 at private aided orphanages/hostels. Cash incentives will be given to 2,000 students who secure highest marks in S.S.L.C. and II P.U.C examinations. Under the Study Kit scheme, Rs. 25,000 will be given to all the students studying in first year in medical and technical courses,’’ he said.

The Budget proposes special cash incentives of Rs.25,000 to the students pursuing B.Ed. and D.Ed. courses. Under Vidyasiri scheme, the number of beneficiaries will be enhanced to 25,000 from the year 2018-19.

“Subsidy of Rs.2 crore will be given to State level Nadaf/Pinjar Association and a subsidy of Rs.2 crore will be provided to the Beary Welfare Association for educational and social development. A grant of Rs.3 crore will be given to construct late Aziz Sait Memorial Samudaya Bhavan at Mysuru. Monthly training allowance for law graduates will be enhanced from Rs.4,000 to Rs.5,000 on the lines of Social Welfare Department,’’ he said.

The Budget proposes supply of C.E.T. and NEET text books to P.U.C. students at Minority Welfare Department hostels.

“Free pre-examination coaching in JEE, NEET, GATE, GMAT, etc. will be given by the Minority Welfare

Department to students seeking admission to higher education institutes. Rs.15 crore will be provided for the protection and development of Wakf properties and highly sensitive Wakf properties falling under Indian Archaeological Survey and Karnataka Archaeological Survey.

“Development programmes at a cost of Rs.800 crore will be taken up for providing basic infrastructure facilities in the areas predominantly inhabited by the minorities. In 2018-19, various schemes will be taken up at a total expenditure of Rs. 2,281 crore in Department of Minorities Welfare, Haj and Wakf,’’ he said.

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