The objective of the bill is to merge the existing West Bengal Scheduled Castes and Scheduled Tribes Development and Finance Corporation and the West Bengal Backward Classes Development and Finance corporation for better functioning and welfare of the scheduled castes, scheduled tribes and backward classes of the state.
"This merger is being done in the public interest to cater to the welfare of the SC, ST and OBC communities from a single window with a view to smooth running of the administration," state Backward Classes Welfare department minister, Churamani Mahato told reporters after the passage of the bill.
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