Master Circular – Credit Facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
This circular outlines the guidelines for credit facilities to Scheduled Castes (SCs) and Scheduled Tribes (STs) in India.
The flow of credit to SCs/STs is facilitated through various channels, including:
- SC/ST Development Corporations: These corporations play a crucial role in providing credit facilities to SC/ST beneficiaries.
- Centrally Sponsored Schemes: Schemes such as the National Rural Livelihood Mission, Swarna Jayanti Shahari Rozgar Yojana, Differential Rate of Interest Scheme, and Scheme for Rehabilitation of Manual Scavenger provide credit facilities to SC/ST beneficiaries.
The circular also emphasizes the importance of:
- Monitoring and Review: Regular monitoring and review of credit facilities to ensure their effective implementation.
- Reporting Requirements: Banks are required to submit reports on advances granted to SCs/STs as on the last reporting Friday of March/September.
The annexures to the circular provide the formats for reporting, including:
- ANNEXURE I: Statement showing advances granted to Scheduled Castes/Scheduled Tribes as on the last reporting Friday of March/September.
- ANNEXURE I (a): Statement to be submitted by public sector banks as on the last reporting Friday of March/September.
Chat with the Master Circular:
Download: Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)