How Much Financial Aid Did Gujarat Disburse in Low-Interest Loans?

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How Much Financial Aid Did Gujarat Disburse in Low-Interest Loans?

Synopsis

In a significant move towards empowering marginalized communities, Gujarat has allocated over Rs 7.32 crore in low-interest loans to support 665 beneficiaries. This initiative aims to foster entrepreneurship and self-reliance among Scheduled Castes, ensuring a brighter future through sustainable livelihoods.

Key Takeaways

  • Gujarat disbursed over Rs 7.32 crore in low-interest loans.
  • 665 beneficiaries were selected for self-employment support.
  • Initiatives aim to empower Scheduled Castes through entrepreneurship.
  • Live-streamed draw ensured transparency.
  • State prioritizes social equity and empowerment.

Ahmedabad, July 28 (NationPress) The Minister for Social Justice and Empowerment in Gujarat, Bhanu Babariya, recently presided over a computerized draw to identify 665 beneficiaries for various self-employment initiatives and three-wheeler support programs.

These initiatives, rolled out by the Gujarat Scheduled Caste Development Corporation, are designed to offer low-interest financial aid for small business endeavors and vehicle acquisitions, thereby fostering dignified employment and entrepreneurship.

The beneficiaries selected will collectively receive over Rs 7.32 crore in financial support, empowering them to procure essential tools, equipment, and vehicles to either launch or grow their enterprises. The draw, which was live-streamed on YouTube to maintain full transparency, aimed to identify 337 eligible individuals, but ultimately, 665 were chosen for document verification.

During the event, Minister Babariya highlighted the state's commitment to social equity and empowerment, particularly for historically marginalized groups. She emphasized that these programs provide a vital route for SC individuals to achieve self-sufficiency through micro-businesses and sustainable livelihoods.

Notable attendees included Rachit Raj, Managing Director of the SC Development Corporation, N.H. Gadhvi, Joint Secretary of the Social Justice and Empowerment Department, along with other senior officials from the SC Welfare division.

According to the 2011 Census, there are approximately 40,74,447 Scheduled Castes (SC) in Gujarat, representing about 6.74 percent of the total population of roughly 6.04 crore.

The SC demographic includes 21.10 lakh males and 19.64 lakh females, with a sex ratio of 931 females per 1,000 males within the SC community.

Among the SC groups, the Mahyavanshi caste is the largest, consisting of over 16 lakh members, followed by Chamar/Bhambi with 10.3 lakh, and Meghval/Meghewanshi with 2.2 lakh.

Moreover, district-level statistics indicate that SC households make up around 6-12 percent of rural household totals in many areas; for instance, SC households account for about 7.81 percent in Ahmedabad, 11.44 percent in Rajkot, and 10.59 percent in Porbandar districts.

Point of View

This initiative reflects India's commitment to social justice and economic empowerment. By providing financial assistance to marginalized communities, the Gujarat government is taking substantial steps toward enhancing self-reliance and entrepreneurship among Scheduled Castes. Such efforts are crucial for building a more equitable society and fostering economic growth.
NationPress
30/07/2025

Frequently Asked Questions

What are the self-employment schemes in Gujarat?
The self-employment schemes in Gujarat, implemented by the Gujarat Scheduled Caste Development Corporation, provide low-interest loans to support small-scale ventures and vehicle purchases.
Who conducted the draw for beneficiaries?
The draw was conducted by Bhanu Babariya, the Minister for Social Justice and Empowerment in Gujarat.
How much financial aid was disbursed?
Over Rs 7.32 crore was disbursed to support the 665 beneficiaries selected through the computerized draw.
What is the significance of these schemes?
These schemes aim to promote dignified livelihoods and entrepreneurship among historically marginalized communities, particularly Scheduled Castes.
How transparent was the selection process?
The selection process was live-streamed on YouTube, ensuring full transparency for all participants and stakeholders.