The state cabinet meeting chaired by Chief Minister Nitish Kumar gave its nod for an amendment in the guidelines for "Mukhayamantri Alpasankhyak Rozgar Rin Yojana" (Chief Minister minorities employment loan scheme), Special Secretary, Cabinet Secretariat department, Upendra Nath Pandey told reporters here.
As per the amendment, the state minorities finance commission will be given Rs 100 crore every year, with effect from the financial year 2017-18, Pandey said.
All persons who belong to minority communities and hail from families with an annual income of less than Rs four lakh, would be eligible for availing the benefits of this scheme, he added.
Besides, another Rs 770 crore were sanctioned for payment of salary and post-retirement benefits to teaching and non-teaching staff still working or having retired from state's universities, he added.
The cabinet also gave its nod for setting up of a "Centre for Geographical Studies" inside the premises of Aryabhatta Knowledge University here, besides approving the creation of posts of director and coordinator for running the same, Pandey said.
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