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Grant-in-Aid released for Minority Finance Corporation

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Hyderabad: Telangana government has sanctioned Rs. 40,79,06,000 for implementation of schemes of Minority Finance Corporation and Christian Finance Corporation. Secretary Minority Welfare Syed Omer Jaleel issued GO RT 186 on Thursday in this connection. The budget has been released under the 2nd quarterly instalment of the current financial year. Both the institutions have been allocated Rs. 2,31,25,000 as grant in aid.

Director Minority Welfare has been authorised to collect the amount and release to both the institutions for implementations of the schemes. He has been requested to produce certificate regarding disbursement of amount during the stipulated time. Authorities of both the institutions have been directed to complete the target within fixed time.

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