India

Bihar Govt To Disburse Rs 2 Lakh To 94 Lakh Families; Check Out Eligibility Criterias

Ahead of Lok Sabha polls, the Bihar government led by Nitish Kumar has made a significant move. In order to provide financial aid, the government has passed a proposal to assist Rs 2 lakh each to over 94 families. The distribution will be conducted based on the recently conducted cast census.

When was the decision taken?

The decision was taken during a cabinet meeting on Tuesday, which was passed with 18 other proposals. Consequently, Rs 2 lakh will be provided to 94,33,312 families belonging to financially weak backgrounds, under the Bihar Smal Entrepreneur Scheme.

Having finalized the procedures and identified 62 small industries slated to receive the allocated funds, the state government is set to swiftly roll out the scheme.

How to avail the scheme?

To enrol in this initiative, individuals must submit their applications online. The eligibility criteria for availing of the scheme’s benefits is that the monthly income of qualifying families should not exceed Rs 6,000.

The government will disburse the scheme’s money in three instalments, out of which the initial instalment will comprise 25%, the second instalment will consist of 50%, and the remaining 25% will be allocated in the third instalment.

What does the survey indicate?

As per the survey results, over 42% of families belonging to Scheduled Castes in Bihar are categorized as poor, whereas the poverty rate is 25% among those from the General category. Families from Scheduled Tribes with a poverty rate of 42.70% were also highlighted.

The Bihar government disclosed the initial findings of the caste survey on October 2 last year, followed by the release of the second part of the data on November 7.

The survey indicates that Other Backward Classes (OBCs) and Extremely Backward Classes (EBCs) together make up more than 60% of the state’s total population, while the upper castes constitute approximately 10%.

Also Read: West Bengal Mamta Banerjee Writes To PM Seeking State’s Pending Fund Release

Malika Sahni

Recent Posts

Apple Reaffirms Commitment To ‘Make In India’ Despite US Push For Domestic Manufacturing

Apple has reaffirmed its commitment to the ‘Make in India’ initiative, assuring the Indian government…

10 hours ago

Adani Airports Snaps Ties With Turkish Firm Dragonpass

Adani Airport Holdings has terminated its agreement with Turkish firm DragonPass. The decision ends DragonPass…

10 hours ago

Uk In Talks With Several Countries To Set Up ‘Return Hubs’ For Asylum Seekers

Prime Minister Keir Starmer said on Thursday that the United Kingdom is talking to several…

10 hours ago

Gautam Adani Hails AVMA’s National Ranking, Says ‘No Fees! No Limits!’

Gautam Adani, chairman of the Adani Group, praised Adani Vidya Mandir Ahmedabad (AVMA) for its…

11 hours ago

After JNU, Jamia Follows Suit; Suspends MoUs With Institutions In Turkey Over Support To Pakistan

The Maulana Azad National Urdu University (MANUU) in Hyderabad has also cancelled its MoU with…

11 hours ago

MCA To Honour Rohit Sharma, Sharad Pawar, And Ajit Wadekar With Stands At Wankhede; CM Fadnavis To Attend Ceremony

MCA confirmed the Chief Minister’s presence in an official statement. The statement also named Rohit…

12 hours ago