Departments > Social Welfare > A P Scheduled Tribes Co-operative Finance Corporation > about

TRICOR came into existence since November, 1976. It was registered under A. P. Co-operative Societies Act of 1964 and its area of operation spreads throughout the state.

Objectives
  • To provide financial assistance in the form of margin money loan, to enable the poor tribal beneficiaries, to mobilise the required institutional credit and to take up the income generating economic activities
  • To co-ordinate the implementation of Integrated Tribal Development Project (ITDP) (ST component), special central assistance, Chief Minister’s Empowerment of Youth (CMEY), Prime Minister’s Rojgar Yojana (PMRY), National Scheduled Tribe Finance Development Corporation (NSFDC) etc. , by providing margin money and identification of the beneficiaries.
Functions
  • Provides 20% margin money of the unit cost @ 4% interest per annum on the following pattern with maximum ceilings :
  • Economic support schemes – Rs. 2, 400
  • PMRY & CMEY – Rs. 20, 000
  • High Investment Schemes – Rs. 30, 000
  • NSTFDC Schemes – Rs. 30, 000
 
 
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