NEW DELHI: The government has allocated Rs 200 crore for setting up a
venture capital fund for Scheduled Castes to provide concessional
finance to entrepreneurs from that community, Lok Sabha was informed
today.

"An allocation of Rs 200 crore has been made to the Ministry in the
Budget Estimates (BE) 2014-15 for setting up a Venture Capital Fund
for the Scheduled Castes," Minister of State for Social Justice and
Empowerment Sudarshan Bhagat said in a written reply in Lok Sabha.


"The objective of the fund would be to provide concessional finance to
SC entrepreneurs," he said, while replying to a question whether the
government proposes to introduce a new scheme for enhancing credit
facility to young entrepreneurs among the weaker section of the
country.

In reply to another question, he said the government has introduced
the Rights of Persons with Disabilities Bill 2014 in the Rajya Sabha
on February 7, 2014.

"It has been proposed inter alia in the Bill to establish the National
Commission and State Commissions for Persons with Disabilities,"
Bhagat said when asked whether government proposes to set up National
Commission for Physically challenged persons.

Bhagat, while replying to a question, said as per Census 2011, there
were a total of 2,68,10,557 persons with disability, of which
50,32,463 had disability in seeing, 50,71,007 in hearing and 19,98,535
in speech.

In 2014-15 (as on August 1), a total of Rs 816.15 lakh has been
released to different states under Deendayal Disabled Rehabilitation
Scheme (DDRS) and there have been 11,558 beneficiaries.

He also informed the House that as per Census 2011, there were 46,844
villages in the country having greater than 50 per cent SC population.

In yet another reply, he said a new Department of Disability Affairs
has been set up vide Cabinet Secretariat notification dated 12.5.2012
under the Ministry of Social Justice and Empowerment.

"A separate demand No 91 under the Union budget for the department has
been made with effect from the financial year 2014-15," the minister
said, adding eight NGOs which were found misusing funds under
Assistance to Disabled Persons for Purchase/Fitting of Aids/Appliances
and seven NGOs were found misusing funds under DDRS.


On 8/14/14, Avichal Bhatnagar <coolavic...@gmail.com> wrote:
> Dear sir, Please post the text if possible.
>
> On 8/13/14, avinash shahi <shahi88avin...@gmail.com> wrote:
>> Read on
>> http://articles.economictimes.indiatimes.com/2014-08-12/news/52727713_1_venture-capital-fund-census-2011-entrepreneurs
>>
>> --
>> Avinash Shahi
>> Doctoral student at Centre for Law and Governance JNU
>>
>>
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> Avichal bhatnagar
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-- 
Avinash Shahi
Doctoral student at Centre for Law and Governance JNU



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