Deputy Chief Minister Mohammed Mahmood Ali will launch auto rickshaw scheme on Sunday, at 12 noon, at Hajj House. Minority Finance Corporation will distribute more than 1700 autos among poor Muslim families of Hyderabad and Rangareddy.
Minority Finance Corporation will provide 50 percent amount as subsidy under ‘Own Your Auto’ scheme while 50 percent amount will be released as loan from the bank. The scheme was to be implemented in November last year but due to delay in completion of necessary procedure, the process was delayed and the autos rickshaws will be handed over on Sunday.
Siasat news