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.
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 31.03.2018 is as under:
(Figures in Lacs)  |
||
Authorized Share Capital |
Paid -up Share Capital |
|
| State Government | 2550 |
1887.00 |
| Central Government | 2450.00 |
2804.92 |
| Total | 5000.00 |
4691.92 |
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 31.03.2018) 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. 592.18 Lacs |
| Total upto 31.03.2017 | Rs.2700.02 Lacs |
| From 01.04.2017 Grant -In-Aid introduced instead of Budgetary Support | |
| 2017-18 | Rs.612.80 Lacs |
| Grand Total as on 31.03.2018 | 3312.82 Lacs |