About Kerala state backward classes development corporation ltd
Kerala State Backward Classes Development Corporation Ltd. (KSBCDC) is a government-owned company that was established in 1995 with the aim of promoting the socio-economic development of backward classes in Kerala. The corporation provides financial assistance to members of backward classes for starting and running their own businesses, as well as for education and training.
The KSBCDC has been instrumental in providing financial assistance to thousands of individuals from backward classes, enabling them to start their own businesses and become self-sufficient. The corporation offers various loan schemes such as microfinance loans, term loans, working capital loans, etc., which are tailored to meet the specific needs of different types of businesses.
One of the key objectives of KSBCDC is to promote entrepreneurship among members of backward classes. To achieve this goal, the corporation provides training and guidance on various aspects related to starting and running a business such as market research, product development, marketing strategies, financial management etc.
Apart from providing financial assistance and training programs for entrepreneurs from backward classes, KSBCDC also undertakes various other initiatives aimed at improving their socio-economic status. For instance, the corporation provides scholarships for students belonging to backward classes who are pursuing higher education courses in professional colleges or universities.
KSBCDC also runs several welfare schemes such as housing schemes for economically weaker sections (EWS), marriage assistance scheme for girls from economically weaker families etc., which have helped improve the living standards of many people belonging to backward classes.
In addition to its core activities related to promoting entrepreneurship and socio-economic development among members of backward classes in Kerala state; KSBCDC also plays an important role in creating employment opportunities by supporting small-scale industries run by members belonging to these communities.
Overall, Kerala State Backward Classes Development Corporation Ltd. has been doing commendable work towards promoting inclusive growth by empowering individuals from socially disadvantaged backgrounds through its various initiatives aimed at improving their economic status and quality-of-life.