Monday, May 11, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Hyderabad | Telanganas Cmst Scheme Turns Sts Into Entrepreneurs

Telangana’s CMST scheme turns STs into entrepreneurs

The objective behind the scheme is to promote tribal entrepreneurs through knowledge linkages and incubation

By S. Sandeep Kumar
Published Date - 15 May 2023, 08:00 AM
Telangana’s CMST scheme turns STs into entrepreneurs
whatsapp facebook twitter telegram

Hyderabad: “I am not a job seeker anymore. In fact, I am a job provider and have provided employment to over 20 tribal youth,” says Homesh Dharavath, a native of Mahabubabad, who operates an ambulance service unit.

His story is similar to those of several beneficiaries of the Chief Minister Scheduled Tribes Entrepreneurship and Innovation Scheme. Like Dharavath, many people from the ST community have turned entrepreneurs and scripted success stories.

Also Read

  • Telangana’s Dalit Bandhu scheme transcends State borders

Many have set up ready mix concrete units, food and beverages restaurants, diagnostic centres, dairy and poultry units, supermarkets and travel and tourism units as well.

Dharavath got selected in the 2019-20 batch. “There is no partiality nor is any recommendation required. Bank support is arranged and one does not need to have any kind of apprehensions,” he says.

If Dalit Bandhu is helping many from Scheduled Castes emerge leading entrepreneurs in different sectors, the CM ST Entrepreneurship and Innovation Scheme is providing the much-needed platform for ST community members to turn into entrepreneurs.

Launched in 2017 by the Tribal Welfare Department, over 95 beneficiaries have availed benefits under the scheme with projects costing over Rs 108 crore.

The objective behind the scheme is to promote tribal entrepreneurs through knowledge linkages and incubation. As part of the scheme, the beneficiaries undergo three-month special training at Indian School of Business (ISB) to consolidate their business plans and get financial support.

The candidates gain market exposure through industries department and interaction with entrepreneurs at T-Hub and WE-Hub. Financial exposure is extended through the State Bank of India Learning and Development Institute.

Tribal welfare department officers and bank officials inspect and evaluate the projects. A state-level high power committee sanctions eligible Detailed Project Reports (DPRs).

For the 2022-23 financial year, 200 candidates have been selected. They are currently undergoing capacity building training at the ISB, Hyderabad. Last month, Industries Minister KT Rama Rao handed over cheques worth Rs 28.59 crore to 24 ST beneficiaries under the scheme.

To avail benefits under the scheme, beneficiaries have to be graduates. Candidates with two years of working experience as entrepreneurs would be given preference. Selection of the candidates would be on merit basis and through the Dr. BR Ambedkar Open University (BRAOU), Hyderabad and followed by an ISB Aptitude test and interview.

G Meghana from Bhadrachalam has set up a creative studio in Secunderabad, under the scheme.

“From the idea conception to viable model, the CMST programme has extended all support. Had I done it myself, it would have taken another 10 years for me to launch the studio,” she says.

Cstm

  • Follow Us :
  • Tags
  • CMST scheme
  • Dalit Bandhu
  • KT Rama Rao
  • Mahabubabad

Related News

  • BRS chief KCR to chair key meeting at Erravelli on Tuesday

    BRS chief KCR to chair key meeting at Erravelli on Tuesday

  • KTR extends Mother’s Day greetings

    KTR extends Mother’s Day greetings

  • POCSO case against Union Minister’s son: KTR questions delay in Bandi Sanjay’s ouster

    POCSO case against Union Minister’s son: KTR questions delay in Bandi Sanjay’s ouster

  • KTR to attend Telangana Formation Day celebrations in Malaysia on June 6

    KTR to attend Telangana Formation Day celebrations in Malaysia on June 6

Latest News

  • Future of youth auctioned: Rahul Gandhi’s sharp attack on Modi govt over NEET

    1 hour ago
  • TCA appeal to HCA top official seeking restraint

    1 hour ago
  • Term Insurance vs Whole Life Insurance: Which One Should You Pick

    2 hours ago
  • ZKTOR Signals India’s Bid to Shape South Asia’s Next Digital Order

    2 hours ago
  • GHMC reports 1.27 lakh online self-enumeration entries

    2 hours ago
  • West Bengal CEO Manoj Agarwal named Chief Secretary under BJP rule

    2 hours ago
  • Q1 fuel losses may wipe out entire FY earnings of State oil firms

    2 hours ago
  • Sanshray Kumar emerges champion

    2 hours ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam