ANDHRA PRADESH STATE MINORITIES FINANCE CORPORATION LIMITED

Departmental Activities:

ECONOMIC SUPPORT SCHEME:

Our Corporation will extend Financial Assistance by way of Subsidy to the weaker sections through banks All ISB, transport, Agriculture & Allied Activities will be covered in this scheme with a maximum unit of Rs.2.00 lakhs, for which Corporation will provide subsidy @50% subject to the Maximum of Rs.1,00,000/- with beneficiary’s contribution is 10% of the unit cost and 40% bank loan component.

TRAINING PROGRAMME:

The Corporation is providing Self Employment training programmes for minorities unemployed youth especially for drop outs in various trades which are useful now a days to improve their skills.

Brief notes on State Govt. schemes implemented:

• As of now all schemes are being implemented through Navaratnalu.

Scheme-wise Progress (along with target and achievements) of the above schemes:

• For the Year 2019-20, 2020-21 & 2021-22 No subsidy scheme implemented.
• For the Year 2019-20, 2020-21 & 2021-22 No Trainings Programmes implemented.

Contact details (mobile, e-mail, website)

Website : www.apsmfc.ap.gov.in

Email: eastgodavari[at]apsmfc[dot]com

Mobile No: 9849901141