CPI State Secretary Chada Venkat Reddy demanded that Chief Minister K Chandrashekar Rao release subsidies for backward classes through SC, ST and Minority corporations for the financial year 2015-16, and prepare a new action plan for the financial year 2016-17, as several backward classes youth in the State were still unemployed.
Reddy addressed a letter to KCR in which he sought to know the amount of funds allocated to the SC and ST and other minorities communities.
He claimed that the State government allocated Rs. 500 crores for subsidies, which had not yet been released by banks. The beneficiaries were utterly disappointment, he lamented.
Reddy asked the CM to look into the matter seriously and do the needful immediately.