The Government of Karnataka in its order vide no: BCW/233/BCA/2013 Date: 03/02/2014 established Karnataka Communities Development Corporation Ltd registered under Companies Act 1956 on 28/02/2014, for the benefit & upliftment of Vishwakarma Communities. The Corporation helps the traditional artisans in the field of Sculpture, Blacksmith, Goldsmith, and Woodwork& Handicraft by assisting financially and provide them training in modern technology to become self-reliant. The Corporation provides educational loan for the students who are pursuing technical and professional courses at low rate of interest.
The budget report of Karnataka Vishwakarma Communities Development Corporation for the year 2016-17 comprises the following.
I. Board of Directors of the Corporation.
II. Administrative set-up of the Corporation
III. The method of selecting the beneficiaries in Corporation.
IV. 2016-17Budget Allocation
V. Details of the Schemes implemented from State Budget
VI. The National Backward Classes Finance and Development Corporation schemes
VII. Progress for the year 2016-17