TSCMFC invites applications for subsidies

The Secretary to Minorities Welfare Department has entrusted the Managing Director, Telangana State Christian Minorities Finance Corporation (TSCMFC) to issue fresh notification for inviting new applications to implement subsidy for Bank Linked Income Generated Schemes. All the eligible persons in the age group of 21 to 55 years and whose annual income is less than Rs 2 lakh in urban and Rs 1.5 lakh in rural areas are eligible for the scheme, a press release said.

A subsidy of 80 per cent of the total unit subject to a maximum of Rs 1 lakh, 70



per cent of total unit subject to a maximum of Rs 1 lakh to Rs 2 lakh and 60 per cent of the total unit subject of a maximum of Rs2 lakh to 10 lakh with a maximum subsidy limit of Rs 5 lakh would be sanctioned, according to the release.

All the eligible persons can apply online at www.tsobmms.cgg.gov.in portal. The last date for applying online has been extended to September 9. For further details, contact Managing Director, TSCMFC, Hyderabad at Ph: 040-23391067 or visit www.tscmfc.in.