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Telangana Minority 1 Lakh Scheme: How to Apply, Eligibility, Benefits

Telangana Minority 1 Lakh Scheme

The Telangana Minority 1 Lakh Scheme is a new initiative by the government of Telangana. It aims to help people from minority communities by giving them financial support of 1 lakh rupees. This money doesn’t need to be paid back. It’s like a gift from the government to help these people. The government says this is a big step in helping minority communities become more financially independent. If you want to know more about this scheme, keep reading to find out the important details like who can apply, what are the benefits, and how to apply for it.

Telangana Minority 1 Lakh Scheme 2024:

On July 23, the leader in charge, K. Chandrasekhar Rao, decided to help a certain group of people. Then, the government made some new rules. These rules say that people from minority groups can get money to help them. They also said how to choose who gets this money. To make this plan work, a department called Minorities Welfare Department made a special order. This order says that if someone applied for money last year but didn’t get it, they will be considered this year. If they’re eligible, they’ll get 100% of the money they asked for, up to Rs 1 lakh. The money will be given through a group called Telangana State Minorities Finance Corporation.

The government of Telangana is preparing to start the next part of its loan program that helps minorities for free. They’re planning to give Rs 1 lakh to each of the 14,300 people who applied for it. The government already set aside Rs 153 crore for this. They’ve told local leaders to make sure everything goes smoothly.

The second part of the program is happening because the first part went well. On August 19, 10,000 minority people got Rs 1 lakh each from the government. Each area’s 120 qualified minority members are getting help from the government.

Update on August 9: Giving out the checks will start on August 16.

Starting from August 16, the government staff will start giving out checks for Rs 1 lakh to minority people. They’ve also added Rs 130 crore to the budget, making it a total of Rs 400 crore. They will decide who gets help based on how many people live in each area.

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TSMFC Minority 1 Lac Scheme Details in Highlights

NameTelangana Minority 1 Lakh Scheme
Initiated byGovernment of Telangana
BeneficiariesMinority communities’ of Telangana
Official WebsiteNot Yet Launched
Similar SchemeTelangana BC 1 Lakh Scheme

Features & Benefits of Telangana Minority 1 Lakh Scheme:

The Telangana Minority 1 Lakh Scheme offers some important advantages:

  • The leader of Telangana, K. Chandrasekhar Rao, wants to end poverty for everyone, no matter their background.
  • Help is already being given to those who need it most.
  • The leader of Telangana is committed to helping all minority groups.
  • They’re working on programs to help minorities get better jobs and education to reduce poverty.

Eligibility Criteria for Telangana Minority 1 Lakh Scheme:

To join the Telangana Minority 1 Lakh Scheme, you need to meet these requirements:

  • People who follow Christianity and need money from the Telangana State Christian Minorities Finance Corporation must fill out new forms to apply.
  • One person from each family will get the money.
  • From June 2, 2023, only people between 21 and 55 years old can apply.
  • If you live in the countryside, you can’t make more than 1,50,000 rupees a year.
  • If you live in the city, you can’t make more than 2 lakh rupees a year.

Telangana Minority 1 Lakh Scheme Necessary Guidelines:

The Telangana government just started a program to help minority groups with their money. They released some rules in a document called Government Order (G.O.). Here are the rules:

  • During the year 2022-23, people applied for Rs. 1 lakh subsidies online, but the approval is still pending for the year 2023-24. Now, the Telangana State Minorities Finance Corporation (TSMFC) will handle these applications.
  • If Christians want financial help of Rs. 1 lakh, they need to apply through TSMFC. Only people aged between 21 to 55 years can apply. Only one member per family can receive this grant.
  • The applicant’s yearly income should be less than Rs. 150,000 in rural areas and Rs. 2 lakh in urban areas.
  • A committee led by the District Collector will select the candidates. The District Collector needs consent from the District Incharge Minister for the selection.
  • The TSMFC website will show the list of selected candidates. The subsidy will be given as a one-time grant.
  • The managing directors of Telangana State Christian (Minorities) Finance Corporation and Telangana State Minorities Finance Corporation will take further steps as needed.
  • All these rules must be included in the online beneficiary system, according to the Centre for Good Governance.

Application Process for Telangana Minority 1 Lakh Scheme 2024:

The Telangana government has launched a new plan called the Telangana Minority 1 Lakh Scheme. They haven’t put up the official website for it yet, but they promise to do it soon. We’ll keep you posted as soon as we know more about it.

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