Lok Sabha Question No. 4475 (UNSTARRED), answered on 2026-03-19
Subject: Venture Capital Fund for Scheduled Tribes
Ministry: TRIBAL AFFAIRS
Asked by: Dr. Rani Srikumar

## GOVERNMENT OF INDIA MINISTRY OF TRIBAL AFFAIRS

## LOK SABHA UNSTARRED QUESTION No. 4475

TO BE ANSWERED ON: 19 th  MARCH, 2026

Venture Capital Fund for Scheduled Tribes

## 4475. Dr. Rani Srikumar:

Will the Minister of TRIBAL AFFAIRS be pleased to state:

- (a) the total number of applications received, approved and rejected under the Venture Capital Fund for Scheduled Tribes since its inception, year-wise and State-wise;
- (b) the number of beneficiaries assisted and the amount of financial support provided under the Fund since its inception, year-wise;
- (c) the details of the initial corpus earmarked for the Fund, the amount released and utilized therefrom since its inception, year-wise and whether the corpus has been revised or enhanced thereafter, if so, the details thereof; and
- (d)  whether  any  proposals  have  been  considered  to  expand  the  Fund  and  if  so,  the  details thereof?

## ANSWER

MINISTER OF STATE (TRIBAL AFFAIRS) (SHRI DURGADAS UIKEY)

- (a) The details of the applications received, approved and rejected under the Venture Capital Fund for Scheduled Tribes scheme since its inception, year-wise and State-wise, is given below:

| FY/State          | Cancelled   | Under Process   | Screening Committee (For recommendation)   | Investment Committee (for Sanctions)   |   Grand Total |
|-------------------|-------------|-----------------|--------------------------------------------|----------------------------------------|---------------|
| 2023-24           | 3           |                 |                                            |                                        |             3 |
| Jharkhand         | 1           |                 |                                            |                                        |             1 |
| Odisha            | 1           |                 |                                            |                                        |             1 |
| Tamil Nadu        | 1           |                 |                                            |                                        |             1 |
| 2024-25           | 11          |                 | 2                                          | 2                                      |            15 |
| Arunachal Pradesh |             |                 | 1                                          |                                        |             1 |
| Assam             | 1           |                 |                                            |                                        |             1 |
| Chhattisgarh      |             |                 |                                            | 1                                      |             1 |
| Karnataka         | 3           |                 |                                            |                                        |             3 |
| Maharashtra       | 1           |                 |                                            |                                        |             1 |
| Manipur           | 1           |                 |                                            |                                        |             1 |
| Mizoram           | 1           |                 |                                            |                                        |             1 |
| Odisha            | 1           |                 |                                            |                                        |             1 |
| Rajasthan         | 1           |                 | 1                                          |                                        |             2 |
| Telangana         |             |                 |                                            | 1                                      |             1 |

| Uttar Pradesh    | 1   |    |    |   1 |
|------------------|-----|----|----|-----|
| West Bengal      | 1   |    |    |   1 |
| 2025-26          | 8   | 8  | 4  |  20 |
| Chhattisgarh     |     | 1  |    |   1 |
| Delhi            |     | 1  |    |   1 |
| Haryana          | 1   |    |    |   1 |
| Himachal Pradesh |     |    | 1  |   1 |
| Jharkhand        |     | 1  | 1  |   2 |
| Karnataka        |     |    | 1  |   1 |
| Maharashtra      | 1   |    |    |   1 |
| Manipur          |     | 1  |    |   1 |
| Mizoram          | 1   |    |    |   1 |
| Nagaland         |     | 1  |    |   1 |
| Rajasthan        | 3   |    |    |   3 |
| Tamil Nadu       | 1   |    |    |   1 |
| Telangana        | 1   | 1  | 1  |   3 |
| Tripura          |     |    | 1  |   1 |
| Uttar Pradesh    |     |    | 1  |   1 |
| Grand Total      | 22  | 8  | 6  |  38 |

(b) The details of the beneficiaries assisted and amount of financial support provided under the Venture Capital Fund for Scheduled Tribes scheme since its inception, is given below:

|   Sl. No. | Name of the Company          | State        |   Sanction Amt (Rs. Cr) |
|-----------|------------------------------|--------------|-------------------------|
|         1 | Hemal Food Product Pvt. Ltd. | Chhattisgarh |                    3.42 |

(c) The initial corpus earmarked for the Fund were Rs.50.00 crore out of which Ministry of Tribal Affairs released Rs.20.00 crore. An amount of Rs. 3.42 crore has been sanctioned till date out of which Rs.1.51 crore has been disbursed.

(d)  The  proposal  for  expansion  of  fund  is  under  consideration  with  the  Expenditure  Finance Committee. Details will be finalized once the appraisal is complete.

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