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Telangana: Dalit Bandhu gets security fund add-on, Rs 4,000 crore deposits likely | Hyderabad News

HYDERABAD: A Dalit security fund has been added to the flagship Dalit Bandhu initiative, with collectors assigned the task of ensuring each household receives money from the fund in times of distress.
As part of the plan, now beneficiaries would receive Rs 9.9 lakh instead of Rs 10 lakh for setting up business units under Dalit Bandhu. The Rs 10,000 from each individual beneficiary will be deposited in the security fund, called Dalita Rakshana Nidhi, with fund management responsibility given to the collectors.
“This fund will be used when a business unit does not perform well or when families suffer losses, and they will be provided some assistance to help them during the crisis period,” TRS MLA Gadari Kishore, who is actively involved in the scheme deliberations, told TOI.
It is anticipated that approximately Rs 4,000 crore will be pooled in for the security fund.
Dalit Bandhu Samitis would be formed at the district, mandal and village levels, similar to Rythu Bandhu Samitis, officials said.
The district-level samitis will have 24 members and the village level samitis six, with equal number of men and women to supervise the scheme. Mandal-level samitis will comprise eight men and seven women.
“These individuals are Dalit community members who are interested in working for the community’s empowerment. There will be retried personnel, as well as social workers. The committees will educate the beneficiary family on the various business units and other important matters,” said one official.
Apart from Huzurabad, the Dalit Bandhu scheme is currently being implemented in Chintakani, Nizamasagar, Charagonda and Tirumalgiri mandals of the state.
“The Dalita Rakhsana Nidhi’s precise guidelines will also be formulated soon,” Thungathurti MLA Kishore said. According to reports, the proposal for the Dalit security fund was inspired by CM K Chandrasekhar’s own experiences.
“A group of friends formed a ‘Friends Bank’ to help out anyone who needed money for family members. chief minister had that in mind. Similarly, this fund would be quite handy for the Dalits when they are facing financial difficulties,” explained a source in a senior government position.

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