Budgetary allocation hiked by 41 per cent for OBC empowerment: Thaawar Chand Gehlot

The allocation for the welfare of OBCs has been hiked by 41.03 per cent—from Rs 1,237.30 crore in 2017-18 to Rs 1,747 crore in 2018-19.

Published: 14th February 2018 02:24 AM  |   Last Updated: 14th February 2018 07:46 AM   |  A+A-

Express News Service

NEW DELHI: The Centre has increased the budgetary allocation for Other Backward Classes (OBC) by 41 per cent, Union Minister for Social Justice and Empowerment Thaawar Chand Gehlot has said, adding that empowerment of the classes is the priority of the government.

There has been an increase of 12.10 per cent—from Rs 6,908 crore in 2017-18 to Rs 7,750 crore in 2018-19—in the budget allocation for the ministry.

The allocation for the welfare of OBCs has been hiked by 41.03 per cent—from Rs 1,237.30 crore in 2017-18 to Rs 1,747 crore in 2018-19, Gehlot said. “There is an increase of 11.57 per cent in the budget for schemes in 2018-19 over 2017-18,” he added.

Addressing a press conference on what the recently presented Union Budget 2018-2019 means for the ministry, he said a new venture capital fund for OBCs on the lines of the venture capital fund for Scheduled Castes will be launched with an initial corpus of Rs 200 crore. Rs 140 crore has been earmarked for it in 2018-19.

The minister also pointed out that for a pre-matric scholarship for OBCs, the income eligibility has been increased from Rs 44,500 to Rs 2.5 lakh per annum.

He said that for a pre-matric scholarship for SCs, the income eligibility has been raised from Rs 2 lakh to Rs 2.5 lakh.

“For free coaching for SC and OBC students, the income eligibility has been raised from Rs 4.5 lakh to Rs 6 lakh.

The stipend has been increased from Rs 1,500 to Rs 2,500 for local students and from Rs 3,000 to Rs 5,000 for outstation students,” the minister said.

Big Spend:

12% increase, from H6,908 crore in 2017-18 to H7,750 crore in 2018-19

41.03% hike in overall allocations for the welfare of OBCs in 2018-19

B5,000 stipend for outstation students, up from H3,000

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp