Tuesday , October 11 2016
Home / News / Andhra Pradesh / APBWC distributes Rs.33 crores

APBWC distributes Rs.33 crores


Andhra Pradesh Brahmin Welfare Corporation (APBWC) successfully distributed assistance of Rs.33 Crores to 11,107 people in our State, during the financial year 2015-16 in a transparent method without involving any middlemen, Sri I.Y.R. Krishna Rao said.


Speaking here in a review meeting I.Y.R. Krishna Rao, Chairman, APBWC informed that the APBWC introduced number of Schemes viz., Bharati, Vasishta, Dronacharya, Charaka, Chanakya, Kashyapa, Bharava etc., to reach-out to the targeted people and focused on the marginalized sections within the community and a special need to introduce Chanakya Antyodaya Scheme, a bank linked self employment scheme for the poorest of the poor and the Kashyapa Pension Scheme for the old and the destitute.


There is a need to support the Brahmin Community by providing continuous education, skill development and entrepreneurship. APBWC wholeheartedly thank Chief Minister N. Chandrababu Naidu for setting up this Corporation and giving continuous support for effectively by sanctioning adequate funds for discharging its functions and reaching out to the targeted groups, Sri Krishna Rao said.


APBWC is striving to reach higher levels of efficiency with transparency to ensure the funds are spent more effectively. The Corporation is trying to involve the benevolent segments of the society in their endeavour to help the poor through donations.


Andhra Pradesh Brahmin Welfare Corporation has started two specific Schemes to receive Endowments from socially concerned individuals for the welfare of Brahmin Community, Sri Krishna – Sudama Endowment Scheme and Akshaya Brahma Nidhi Endowment Scheme. The Sri Krishna – Sudama Endowment Scheme envisages a donation of Rs 5.00 lakhs and more go into an Endowment. The interest on which will be disbursed to the beneficiaries on a yearly basis.


Chairman, APBWC said that the Brahmin Welfare Corporation is pleased to announce about the first contribution of Rs.5.00 Lakhs made by Dr. R. Sudharani, M.S., (ophthalmology), Managing Director, SS Multi Specialty Hospitals, R&R Colony, Tirupati, commemorating the memory of Prof. K. Raghava Naidu, under Srikrishna-Sudama Scheme.

APBWC look forward to other philanthropists and socially concerned individuals to contribute generously to both these schemes. (NSS)

Read Also


AP making optimum use of tech to become digitally literate, says CM Chandrababu