Monday, January 30, 2012

[ZESTCaste] Governments urged to give priority to Dalit entrepreneurs

HYDERABAD, January 30, 2012
Governments urged to give priority to Dalit entrepreneurs
Special Correspondent

The Dalit Indian Chamber of Commerce and Industry has demanded that
the State and Central governments take steps making it mandatory for
banks to give loans to Dalit entrepreneurs on the lines of priority
sector lending.

The governments should relax conditions for awarding contracts and
procurement works to ensure that Dalit entrepreneurs secure 20 per
cent of the total works. In addition, DICCI should be given
representation on the advisory committees of the industry related
departments like CII and other trade bodies so that the problems of
these sections could be highlighted effectively.

Resolutions to this effect were adopted at the business meeting of the
DICCI held here on Sunday where representatives expressed concern over
the problems they were facing with financial institutions, banks in
particular, for securing loans. Though the Central government had
announced provisions for Dalit entrepreneurs to obtain loans under
credit guarantee scheme, banks were unwilling to cooperate.

DICCI State chapter president R.K. Narra at a press conference later
suggested that the State-owned agencies like the State Finance
Corporation could act as nodal agencies in enabling Dalit
entrepreneurs to get hassle-free loans. The government, on its part,
should ensure that the subsidies offered to these entrepreneurs were
provided at source rather than in the form of reimbursement as it was
resulting in blockade of capital.

"This is an administrative issue and doesn't cost anything to the
government," he said.


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