The recent announcement of extending financial assistance up to ₹1 lakh to members of minority communities has had a mixed reaction, with activists seeking clarity on the modalities of disbursal and fund allocation.
The Telangana State Minorities Finance Corporation (TSMFC) that has been tasked with disbursing funds to beneficiaries is already overwhelmed as over 2.15 lakh people applied for its bankable schemes - the ₹1 lakh with an 80% subsidy component, and ₹2 lakh with a 70% subsidy component.
“Will fund release be like Dalit Bandhu in which beneficiaries receive ₹10 lakh via DBT, or be like Shaadi Mubarak, in which beneficiaries are handed over cheques?” M. A. Akram, an activist working with Yugantar, an NGO, sought to know. “There is a need for clarity.”
