Writeup AP 2011-12 - Punjab State Planning Board

in Februrary,2011 and all employed. The Corporation proposes to impart training to 7000
persons in 2011-12.
13.26 An expenditure of Rs.150.00 lac was incurred during 2009-10. An amount of
Rs. 131.00 lac was incurred during 2010-11. An outlay of Rs. 300.00 lac is provided in the
Annual Plan 2011-12
WELFARE OF SCs/BCs
SC(S)-1 Share capital Contribution to PSCFC (State share-51% and Government
of India 49%)
Outlay -Rs.334.00 lac
13.27 Under the scheme “Share capital contribution to PSCFC” direct loaning is
done by PSCFC out of its share capital provided by the State Government and Government
of India in the ratio of 51:49. The Corporation is implementing Direct Loaning Schemes
with share capital. Besides this, the Corporation is also utilizing its share capital in varying
proportions in the schemes being run in collaboration with NSFDC, NSKFDC and NHFDC.
13.28 In addition to the above, the Corporation is implementing Bank tie-Up loaning
schemes through banks to the Scheduled Caste families living below poverty line.
13.29 The Corporation is providing loans to scheduled caste persons at very nominal
rate of interest ranging from 0% to 8% for different income generating purposes. An
expenditure of Rs. 100.00 lac has been incurred during 10 th plan. An amount of Rs. 1200.00
lac has been provided for 11 th Five Year Plan. An expenditure of Rs. 250.00 lac each has
been incurred during 2007-08,2008-09 and 2009-10 respectively 57362 beneficiaries were
covered upto 31/3/2010. An outlay of Rs. 334.00 lac as state share is provided for Annual
Plan 2011-12 to cover 1700 beneficiaries against anticipated expenditure of Rs. 250.00 lac
during 2010-11. The following self- employment schemes are being implemented by
PSCFC:-
1. Direct Lending Scheme:
13.30 This scheme is in operation since the inception of the Corporation in 1971.
Under this scheme, Corporation is providing direct loan out of the share capital. Loan upto
Rs. 5.00 lac is provided for a Tea Stall, Vegetable shop, Small Scale industry & many other
economic purposes etc. except Land Purchase cases where maximum limit is Rs. 10.00 lac.
There is no income limit for unemployed youths otherwise income limit is upto Rs. 1.00 lac.
Loans are provided at a very nominal rate of interest ranging from 0% to 8% for different
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