The Goa State Scheduled Castes and Other Backward Classes Finance and Development Corporation Limited was established by the Government of Goa on 2/4/1990 under Companies Act, 1956. The Share Capital contribution of the State and the Central Government is in the ratio of 51:49 percent respectively.
The Corporation is working as State Channelizing Agency (SCA) to Four National Level Corporations namely :
The Corporation implements all the schemes of these Apex Corporations in the State of Goa. Besides the schemes of the National Corporations, the Corporation has also formulated and implementing a low interest finance scheme for House Repair by name “Graha Suraksha” specially to cater to the need of the weaker section for repair & maintainance of their old dwelling houses. Under this Scheme, loan up to Rs.2.00 lakhs is advanced at the rate of only 4% interest.The “Graha Suraksha” House Repair scheme is totally financed from the funds received from the State Government from time to time.
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