Top

Minority institutions yet to get 1st quarter funds

The budget had earmarked Rs12 crore for the Christian Finance Corporation. According to sources, the corporation is yet to prepare schemes.

Hyderabad: Most minority Institutions have so far received only the first quarter’s allocation, even after entering the fourth quarter.

The state government has so far released only Rs 1,077.54 crore out of a budgetary allocation of Rs 1,973.41 crore, while the total expenses of these institutions is Rs 749.81 crore.

Of the released amount, the government has allocated Rs 569.66 crore towards educational and academic activities and, so far, only Rs 416.71 crore has been spent.

Under Shadi Mubarak scheme, Rs 203.87 crore has been spent out of the released Rs 280.51 crore.

The government did not release a single pie for Christian Finance Corporation, Survey Commissioner of Wakf, T-PRIME 7 T-SEZ (Special Corridor for Minorities), construction of Sikh Bhavan (Gurudwara), construction of Christian Bhavan and Commission of Inquiries (Sudhir commission).

The budget had earmarked Rs 12 crore for the Christian Finance Corporation. According to sources, the corporation is yet to prepare schemes.

A statement shows that over 65 per cent is earmarked for education and training, and almost 80 per cent is spent on education and allied activities and the Shadi Mubarak Scheme. The government released only the first quarter’s share for remaining schemes and programmes, except the Wakf Board, which has received the second quarter’s amount.

The government released Rs 75 crore to the Wakf board and spent Rs 40 crore. Another Rs 35 crore is pending clearance.

Though Rs 160 crore was earmarked in the budget for bank-linked subsidy, only Rs 40 crore has been sanctioned, while the expenditure on this head is only Rs 18.86 crore.

Haj Committee got only Rs 1 crore out of the sanctioned Rs 4 crore. Likewise, Dairatul Maarif il Osmania also got only Rs 1.25 crore out of Rs 5 crore.

In spite of less quantum of expenditure, release and expenditure status of the minorities’ welfare department was the best. Such institutions had spent almost 70 per cent of funds released.

( Source : Deccan Chronicle. )
Next Story