Creating specific knowledge and awareness in accounting
May 26, 2017
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It was a wonderful story in the wsj how corporations were ready to spend some cash. There is no exception in the law that allows the employer to require you to wait q. This is true regardless of whether you refinance mortgage without fees have a mortgage outstanding or not. Special finance lender, servicing the new and used car auto dealer as a sub prime financial resource for dealer financing options. The dealer must check the appropriate box on the buyers guide to. To make the schemes more purposeful and successful, the Corporation has to introduce demand based schemes and accordingly the training should be organised by involving specialised agencies for creating specific
knowledge and awareness, which will help the beneficiaries to become self-employed in the area of their own choice.The Corporation has no plan to conduct any survey to find out the shift in occupation pattern of Backward Classes from traditional to the transitional / modern / market oriented activities.This way, the Corporation has not been able to serve the poorest of poor among the Backward Classes. Moreover, the Corporation takes its own
time to process the loan cases.
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The purpose of creating the Corporation having more sympathetic attitude towards account Backward Classes gets negated by the fact that this Corporation takes on an average 6 months to process a loan case, despite repeated visits amounting to harassment. Socio-economic Benefits of the SchemesThe Corporation could not provide details regarding the population of Backward Classes in the State as no provision of separate column for Backward Classes was made in the census form. However, it stated that the eligible members in the total population of Backward and Minority Classes in the State are 4.5 lac approx.Since inception, the Corporation had granted loans totalling Rs.111.19 crore in 1.46 lac cases.This coverage would not exceed 32% of the totalpopulation of Backward Communities / Minorities.Under on going schemes, loans are given for capital intensive activities like Dairy Farming, Tailoring, Furniture Shop, Flour Mill, Auto Rickshaw, General Store, Stationery Shop, Automobile Repair, Fabrication Unit, Hosiery Unit, SSI Unit ranging from Rs.50,000/- to 1,00,000/- at 7% rate of interest,which may not encourage the poorest of poor in the Backward & Minority Classes to take the risk of entering such economic activities.