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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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