Lok Sabha Question No. 4191 (UNSTARRED), answered on 2017-03-28
Subject: Venture Capital Fund Scheme
Ministry: SOCIAL JUSTICE AND EMPOWERMENT
Asked by: RAJESHBHAI NARANBHAI CHUDASAMA

## GOVERNMENT OF INDIA MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT LOK SABHA

UNSTARRED QUESTION NO. 4191 TO BE ANSWERED ON 28.03.2017

## VENTURE CAPITAL FUND SCHEME

## 4191. SHRI RAJESHBHAI CHUDASAMA:

## Will the Minister of SOCIAL JUSTICE AND EMPOWERMENT be pleased to state:

- (a)  the  number  of  women  beneficiaries  under  the  Venture  Capital  Fund  Scheme  for entrepreneurs since inception of the scheme, State -wise;
- (b) the funds allocated and expenditure incurred under the scheme, State - wise; and
- (c) whether Scheduled Castes women entrepreneurs are given preference during the sel and if so, the details thereof?

## ANSWER

## MINISTER OF STATE FO R SOCIAL JUSTICE AND EMPOWERMENT (SHRI VIJAY SAMPLA)

- (a): Projects of 38 SC women beneficiaries under the Venture Capital Fund for Schedu Castes scheme have been sanctioned. The State -wise beneficiaries is listed at Annexure - I.
- (b):  State - wise  fund  allocation  is  not  made  under  the  Scheme.  However,  the  Sta te - wise beneficiaries and expenditure is Tabulated at Annexure - II.
- (c):Yes, Madam, the Scheduled Castes women entrepreneurs are given preference during t selection. Details are as mentioned in reply to part (a) above.

*****

## ANNEXURE - I

## ANNEXURE - I  IN  REPLY  TO  PART  (a)  OF  LOK  SABHA  UNSTARRED QUESTION  NO.4191  FOR  28.03.2017  REGARDING  ''VENTURE  CAPITAL FUND SCHEME ''.

| States         |   No. of. Companies, sanctioned funds under SC which have SC Women Directors. |
|----------------|-------------------------------------------------------------------------------|
| Gujarat        |                                                                             2 |
| Maharashtra    |                                                                            13 |
| Delhi NCR      |                                                                             2 |
| Telangana      |                                                                             7 |
| Andhra Pradesh |                                                                             1 |
| Uttar Pradesh  |                                                                             2 |
| Uttarakhand    |                                                                             1 |
| Tamil Nadu     |                                                                             4 |
| Karnataka      |                                                                             2 |
| Pondicherry    |                                                                             1 |
| West Bengal    |                                                                             1 |
| Haryana        |                                                                             2 |
| TOTAL          |                                                                            38 |

## ANNEXURE - II

## ANNEXURE - II IN REPLY TO PART (b) OF LOK SABHA UNSTARRED QUESTION NO.4191 FOR 28.03.2017 REGARDING ''VENTURE CAPITAL FUND SCHEME ''.

| State - wise sanction and disbursement of funds under -VCF SC till March 22, 2017   | State - wise sanction and disbursement of funds under -VCF SC till March 22, 2017   | State - wise sanction and disbursement of funds under -VCF SC till March 22, 2017   | State - wise sanction and disbursement of funds under -VCF SC till March 22, 2017   |
|-------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------|
| States                                                                              | State Wise Sanctioned Amount (Rs. l akh)                                            | Total State wise Disbursement (Rs. lakh)                                            | No. of Beneficiaries                                                                |
| Punjab                                                                              | 1516.13                                                                             | 1331.56                                                                             | 3                                                                                   |
| Gujarat                                                                             | 533.40*                                                                             | 442.10                                                                              | 3                                                                                   |
| Maharashtra                                                                         | 7329.32                                                                             | 938.92                                                                              | 23                                                                                  |
| Delhi NCR                                                                           | 718.75                                                                              | 249.80                                                                              | 5                                                                                   |
| Telangana                                                                           | 4347.75                                                                             | 2309.75                                                                             | 11                                                                                  |
| Andhra Pradesh                                                                      | 1918.00                                                                             | 1887.14                                                                             | 2                                                                                   |
| Uttar Pradesh                                                                       | 512.00                                                                              | 320.00                                                                              | 3                                                                                   |
| Uttrakhand                                                                          | 577.06                                                                              | -                                                                                   | 1                                                                                   |
| Tamil Nadu                                                                          | 1570.65                                                                             | 959.59                                                                              | 4                                                                                   |
| Karnataka                                                                           | 966.00**                                                                            | 900.00                                                                              | 2                                                                                   |
| Pondicherry                                                                         | 150.00                                                                              | 100.00                                                                              | 1                                                                                   |
| West Bengal                                                                         | 155.69                                                                              | -                                                                                   | 1                                                                                   |
| Assam - North East                                                                  | 500.00***                                                                           | 400.00                                                                              | 1                                                                                   |
| Haryana                                                                             | 843.50                                                                              | 401.00                                                                              | 2                                                                                   |
| Chhattisgarh                                                                        | 383.00                                                                              | 250.00                                                                              | 1                                                                                   |
| HimachalPradesh                                                                     | 500.00                                                                              | 478.50                                                                              | 1                                                                                   |
| Rajasthan                                                                           | 1145.00                                                                             | -                                                                                   | 1                                                                                   |
| Total                                                                               | 23666.25                                                                            | 10968.36                                                                            | 65                                                                                  |

## Note

*Initially sanctioned Rs. 767.10 lakh but was reduced to Rs. 533.40 lakh on the requ one of beneficiary.

** Initially sanctioned Rs. 1010.00 lakh but was reduced to Rs. 966.00 lakh on the request of one of beneficiary.

*** Initially sanctioned Rs. 662.00 lakh but was reduced to Rs. 500.00 lakh on the req the beneficiary.