MUMBAI: In its outreach in direction of minorities, the state cupboard determined to extend the state share capital of the Maulana Azad Minorities Monetary Improvement Company from Rs 700 crore to Rs 1,000 crore.
Within the finances tabled in July, the state had hiked the mortgage assure given to the company from Rs 30 crore to Rs 500 crore. The company offers loans to minorities together with pupil loans, time period loans and microfinance.
The state cupboard additionally raised the wage of B Ed and D Ed lecturers in madrassas who’re employed on contract to show topics like Math, Science and Hindi that are exterior the conventional syllabus. The remuneration of D Ed lecturers will double from Rs 6,000 to Rs 12,000 monthly.
That of BA and B Ed lecturers will rise from Rs 8,000 to Rs 18,000 monthly. Muslim voters had turned in opposition to the governing events within the Lok Sabha polls and this outreach is seen as an try to woo the neighborhood.
