Hyderabad: Chief Minister K. Chandrashekhar Rao on Friday signed the files pertaining to providing subsidy-based loans to candidates belonging to Backward Classes. The State Government has sanctioned Rs. 102.80 crore for the scheme.
The scheme is likely to benefit 12,218 BC candidates across Telangana State. Meanwhile, BC Welfare Minister Jogu Ramanna has expressed happiness over the Chief Minister clearing the files.
He said the amount would be disbursed among beneficiaries through 12 BC federations. (INN)