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Brahmin corporation disburses Rs 33 Cr, seeks endowments to aid more families

Tue, Aug 02, 2016, 05:25 PM
The Andhra Pradesh Brahmin Welfare Corporation (APBWC) has successfully distributed assistance of Rs.33 crores to 11,107 people in the State during the financial year 2015-16 in a transparent method without involving any middlemen, former Chief Secretary I.Y.R. Krishna Rao said.

Speaking at a review meeting in Hyderabad, Krishna Rao, Chairman APBWC, stated on Tuesday that the corporation introduced a number of Schemes viz., Bharati, Vasishta, Dronacharya, Charaka, Chanakya, Kashyapa, Bharava etc., to reach out to the targeted people and focused on the marginalized sections within the community. A special need to introduce Chanakya Antyodaya Scheme, a bank-linked self-employment scheme for the poorest of the poor, and the Kashyapa Pension Scheme for the old and the destitute were also started.

There is a need to support the Brahmin Community by providing continuous education, skill development and entrepreneurship. The APBWC wholeheartedly thanked Chief Minister N. Chandrababu Naidu for setting up this Corporation and giving continuous support by sanctioning adequate funds for discharging its functions and reaching out to the targeted groups, Krishna Rao said.

The APBWC is striving to reach higher levels of efficiency with transparency to ensure the funds are spent more effectively. The Corporation is trying to involve the benevolent segments of society in their endeavour to help the poor through donations.

The Andhra Pradesh Brahmin Welfare Corporation has started two specific Schemes to receive Endowments from socially concerned individuals for the welfare of Brahmin Community. These are Sri Krishna – Sudama Endowment Scheme and Akshaya Brahma Nidhi Endowment Scheme. The Sri Krishna – Sudama Endowment Scheme envisages a donation of Rs 5 lakhs and more to go into an endowment. The interest on the amount will be disbursed to the beneficiaries on a yearly basis.

The Chairman said that the Brahmin Welfare Corporation is pleased to announce the first contribution of Rs.5 lakhs made by Dr. R. Sudharani, M.S., (ophthalmology), Managing Director, SS Multi Specialty Hospitals, R&R Colony, Tirupati, commemorating the memory of Prof. K. Raghava Naidu, under Srikrishna-Sudama Scheme.

The APBWC looks forward to other philanthropists and socially concerned individuals to contribute generously to both these schemes.
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