Launch Of 100 Percent Subsidy Scheme Postponed Due To The Bank Holiday
Hyderabad, Jan 4: The Telangana State Minorities Finance Corporation (TSMFC) has extended the last date of online registration for the sanction of subsidy loans under the economic support scheme to January 9 at midnight.
“In view of the representations received from the public representatives, and also due to huge demand from the minorities in the state, the last date of online registration for sanction of subsidy loans under the economic support system is extended up to January 9, 2023, midnight,” said a press release from the department on Wednesday.
The statement was issued by TSMFC chairman Mohammad Imtiyaz Ishaq.
The state had earlier granted a budget of Rs 50 crore that would uplift 5000 from the minorities. However, following the backlash, an additional budget of Rs 70 crore was added bringing the total under the subsidy loan scheme to Rs 120 crore to benefit 12000 minorities.
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