Lok Sabha Question No. 1473 (UNSTARRED), answered on 2016-05-03
Subject: Venture Capital Funds
Ministry: SOCIAL JUSTICE AND EMPOWERMENT
Asked by: PARAYAMPARANBIL KUTTAPPAN BIJU

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

UNSTARRED QUESTION NO. 1473 TO BE ANSWERED ON 03.05.2016

## 1473.VENTURE CAPITAL FUNDS

## SHRI P.K. BIJU:

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

- (a)  the  status  of  implementation  of  Venture  Capital  Fund  Scheme  launched  by  t Government to develop/promote entrepreneurship among SCs; and
- (b) the number of persons belonging to SC community benefitted under the said scheme al with the financial as sistance sanctioned/provided so far, State - wise?

## ANSWER

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

- (a) & (b): Under the Venture Capital Funds financial assistance of 150.45 crore have been sanctioned to 40 Scheduled castes owned companies. Out of this, an amount of Rs. 71 Crores have been disbursed to 16 beneficiaries . The details of state - wise financial assistance sanctioned/provided so far is enclosed at Annexure - I.

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## ANNEXURE - I IN REPLY TO PART(b) OF LOK  SABHA UNSTARRED QUESTION NO.1473 TO BE ANSWERED ON 3.05.2016 ASKED BY SHRI P.K.BIJU REGARDING" VENTURE CAPITAL FUNDS"

The state -wise list of beneficiaries belonging to SC community benefitted under the V nture Capital  Fund  for  Scheduled  castes  alongwith  the  sanctioned  financial  assistance disbursement under IFCI Venture Capital funds are as under : -

| Sl. No.   | STATES           | State - wise Sanctioned Amount (Rs. lakhs )   | of State - wise disbursed Amount (Rs. lakhs)   | No. of Beneficiaries   | No. of Beneficiaries   |
|-----------|------------------|-----------------------------------------------|------------------------------------------------|------------------------|------------------------|
| Sl. No.   | STATES           | State - wise Sanctioned Amount (Rs. lakhs )   | of State - wise disbursed Amount (Rs. lakhs)   | Sanctioned             | Disbursed              |
| 1         | Punjab           | 1,342.00                                      | 1,261.57                                       | 2                      | 2                      |
| 2         | Gujarat          | 767.10                                        | 200.10                                         | 3                      | 1                      |
| 3         | Maharashtra      | 3,763.17                                      | 587.06                                         | 12                     | 3                      |
| 4         | Delhi NCR        | 689.88                                        | 169.60                                         | 4                      | 1                      |
| 5         | Telangana        | 2,613.84                                      | 1,820.00                                       | 7                      | 2                      |
| 6         | Andhra Pradesh   | 1,918.00                                      | 1,610.67                                       | 2                      | 2                      |
| 7         | Uttar Pradesh    | 377.00                                        | 160.55                                         | 2                      | 2                      |
| 8         | Tamil Nadu       | 1,196.00                                      | 434.94                                         | 3                      | 1                      |
| 9         | Karnataka        | 1,010.00                                      | 800.00                                         | 1                      | 1                      |
| 10        | Pondicherry      | 150.00                                        | 100.00                                         | 1                      | 1                      |
| 11        | West Bengal      | 155.69                                        | 0                                              | 1                      | 0                      |
| 12        | Assam North East | 662.00                                        | 0                                              | 1                      | 0                      |
| 13        | Haryana          | 400.00                                        | 0                                              | 1                      | 0                      |
|           | Total            | 15,044.68                                     | 6,013.88                                       | 40                     | 16                     |