• Image
  • Image
  • Image
  • Image
  • Image
  • Image
Financial Resources
   

The Corporation is a registered non-profit making organization, based on its objective of socio-economic and educational upliftment of weaker section of the society practically no source of its own. However under its scheme of Direct Financing it is adding interest 2-3% which too is realizable after the loan liquidated in full.

 

Share Capital:

The authorized Share Capital of the Corporation is Rs.5000.00 lacs and the paid up Share Capital contribution by the State and Central Governments in the ratio of 51:49 as on on 31.08.2016 is as under:

(Figures in Lacs)
 
Authorized Share Capital
Paid –up Share Capital
State Government
2550

1729.50

Central Government
2450.00

2804.92

Total
5000.00

4534.42

 

 

Budgetary Support by the State Government

The corporation being a non-profit earning organization is of late getting some support financial support from the State Govt. in shape of budgetary support (upto 31.08.2016) which is as under:

2004-05 Rs. 10.00 Lacs
2005-06 Rs. 25.00 Lacs
2006-07 Rs. 30.00 Lacs
2007-08 Rs. 50.00 Lacs
2008-09 Rs. 50.00 Lacs
2009-10 Rs. 50.00 Lacs
2010-11 Rs. 100.00 Lacs
2011-12 Rs. 110.00 Lacs
2012-13 Rs. 304.00 Lacs
2013-14 Rs. 396.00 Lacs
2014-15 Rs. 455.00 Lacs
2015-16 Rs. 527.84 Lacs
2016-17 Rs. 131.94 Lacs
Total Rs.2238.98. Lacs

 

Copyright © 2016 J&K SC,ST & BC Dev.Corporation Ltd, 715-A, Last Morh, Gandhi Nagar, Jammu - 180004
Telephone/ Fax: +91-0191-2433229