Hyderabad Telangana

TRS gave Rs 1402 crore subsidy: Etela

TRS gave Rs 1402 crore subsidy: Etela

Finance Minister Etela Rajender today claimed that Rs 1402 crore has been released towards subsidy for employment loans for SC, ST, BC and Minorities in the State in the last two-and-a-half years. He asserted that the TRS Government is pro-poor and offering loans towards employment and releasing adequate funds for their welfare.

The Finance Minister said a plan was ready to offer employment loans to SC, ST, BC and Minorities. Rajender was responding to members’ questions during question hour. Rajender stated that the government doubled the subsidy amounts to SC, ST, BC and Minorities and giving them loans towards employment. He said the previous Congress regime, which denied funds and loans to these classes, should apologize to these sections. The TRS Government is giving more loans and increased subsidies than the previous government, he claimed. While the Congress government gave Rs 372 crore subsidy during 2004-14, the TRS Government gave Rs 322 crore during 2014-15, Rs 745 crore during 2015-16. (NSS)