new delhi delhi state government has decided to form a separate body which will provide financial assistance to minorities and other backward classes obcsthe decision was taken at a meeting between chief minister sheila dikshit social welfare minister raj kumar chauhan and concerned government officials on fridaythe fund distribution agency will be on the lines of the existing finance corporation for scheduled caste and scheduled tribes chauhan saidthe government had included minorities and other backward classes in the ambit of the finance corporation in january this yearofficials felt that the commissions scope had become too vast as there were four beneficiary groups including handicapped persons obcs sc and st and minoritieswe have decided to create this new body as the existing body was burdened with too many applications we want to accommodate all genuine requests for financial assistance from needy people the minister saidwith the new body people from minority communities and other backward classes can avail financial assistance between rs 50000 and rs 5 lakhthe procedures for availing funds will be the same as the one which is existing applications are invited from needy people and as we get the proposals for selfemployment they are thoroughly scrutinised he saidthe proposals financial viability is assessed by the commissions officers who are usually people with expertise on auditing of projects they evaluate the project submitted by the needy and we grant the approval so that the self employment projects can take off the minister said