Lok Sabha Question No. 1206 (UNSTARRED), answered on 2018-12-18
Subject: Venture Capital Fund
Ministry: SOCIAL JUSTICE AND EMPOWERMENT
Asked by: KIRRON KHER

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

## UNSTARRED QUESTION NO. 1206 TO BE ANSWERED ON 18.12.2018

## VENTURE CAPITAL FUND

## 1206. SHRIMATI KIRRON KHER:

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

(a) the number of projects assisted under the Scheme of Venture Capital Fund for Scheduled Castes (SCs) during the period of 2015-18;

(b) the number of women entrepreneurs benefited under the scheme and the types of projects supported the said period, State-wise; during

- c) the details of challenges encountered in the utilisation of funds for the scheme and the measures being taken to address the same, State-wise; and being
2. (d) the other steps being taken by the Government to assist SC entrepreneurs?

## ANSWER

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

(a): During the period of 2015-18, 84 companies owned by Scheduled Castes Entrepreneurs has been assisted under Venture Capital Fund for Scheduled Castes

(b): The state-wise list of women entrepreneurs benefited under the scheme and the types of projects supported during the said is at   Annexure. period

(c) & (d): SC entrepreneurs are scattered mostly in un-organized sectors. Since, this is a new scheme launched in 2014; the SC Entrepreneurs   have   less awareness about   this scheme Requisite approvals permission/ clearances for project implementation takes time.

To overcome all these challenges   various SC Entrepreneurs   workshopsl meets/  Conferences across the country have been organized by IFCI. Advertisements in various languages across the country have been   published: Beside SC entrepreneurs are provided with   guidance proactively with handholding support: being

for 1812.2018

Capital Fund for Scheduled Castes (SCs)during the\_period 2015-18

| STATES         | No. of SC women Shareholders   | Type of Projects Supported (Sectors Industry)                                                     |
|----------------|--------------------------------|---------------------------------------------------------------------------------------------------|
| Andhra Pradesh | 6                              | Industrial Products, Health Care, Power Plant; Services                                           |
| Bihar          |                                | Furniture and Services                                                                            |
| Delhi NCR      |                                | Industrial Products, FMCG                                                                         |
| Gujarat        | 4                              | Industrial Products, Allied Agricultural Activity                                                 |
| Haryana        |                                | FMCG, Services                                                                                    |
| Karnataka      | 4                              | Industrial Products, Health Care, Services                                                        |
| Maharashtra    | 14                             | Industrial Products, Health Care , Services, Textile, IT/ITES, FMCG, Allied Agricultural Activity |
| Pondicherry    |                                | Industrial Products, Allied Agricultural Activity                                                 |
| Punjab         |                                | Industrial Products, Services, Textile                                                            |
| Tamil Nadu     | 4                              | Industrial Products, Health Care, Services, FMCG                                                  |
| Telangana      | 12                             | Industrial Products, Health Care, Services, Textile, IT/ITES, FMCG, Pharmaceuticals; Power Plant  |
| Uttar Pradesh  | 4                              | Industrial Products, Services, IT/ITES_ FMCG, Entertainment                                       |
| West Bengal    | 1                              | FMCG, Textile                                                                                     |
| Total          | 54                             |                                                                                                   |