Rs 269.9 cr sops released for Dalit, tribal entrepreneurs
Vijayawada: The state government released the second tranche of industrial incentives to support Dalit and tribal entrepreneurs, minister for micro, small and medium enterprises (MSME) Kondapalli Srinivas said on Wednesday.
The minister said in a statement that during the current financial year so far, the government has extended industrial incentives amounting to Rs 269.90 crore to 11,451 Dalit and tribal entrepreneurs as part of its commitment to promote inclusive industrial growth.
Acting on the directions of Chief Minister N Chandrababu Naidu, the government has taken these steps to further strengthen and expand entrepreneurship among Scheduled Castes (SCs) and Scheduled Tribes (STs), he added.
The minister said that in the 2025–26 financial year, industrial incentives for Dalit and tribal entrepreneurs were being released in two phases. In the first phase, released in October 2025, the government had disbursed Rs 178.75 crore to 6,675 SC entrepreneurs and Rs 30.94 crore to 1,159 ST entrepreneurs.
In line with the assurances given by the coalition government and to cover all approved industrial units, additional funds have now been released in the second phase, subject to budget availability, he said. Under this tranche, on Tuesday, incentives worth Rs 53.05 crore were released to 3,122 SC entrepreneurs, while Rs 7.16 crore was disbursed to 495 ST entrepreneurs.
With this, during the 2025–26 financial year so far, a total of Rs 231.80 crore has been released to 9,797 SC entrepreneurs across two phases, and Rs 38.10 crore to 1,654 ST entrepreneurs, the Minister explained.
Despite facing several fiscal constraints, the State government has adopted a phased approach to clear pending incentive payments, demonstrating its firm commitment to addressing the financial challenges faced by SC and ST entrepreneurs, Srinivas said.
He noted that these incentives would significantly help beneficiary units meet their immediate operational requirements and support their long-term growth objectives, reinforcing the government’s resolve to empower Dalit and tribal entrepreneurs and bring them into the mainstream of industrial development.
