Selco offers capital support to migrant workers

Bengaluru-based nonprofit Selco Foundation has offered to support artisans, small businessmen and migrants with a capital investment of between Rs 50,000 and Rs 2 lakh to help them rebuild their lives torn apart by Covid-19 pandemic.

The Foundation has set aside Rs 2 crore for the project that aims to handhold migrants who have returned to their homes from Bengaluru after the coronavirus outbreak. The foundation said it would scale up the programme if banks, government institutions and cooperative societies lend a helping hand.

The Foundation will choose people who are in need of its assistance from villages, small towns and slums in the North Karnataka region, Selco founder Harish Hande said, in a press statement.


A team of observers will handhold all those migrants, small businessmen and artisans for about a year. “The precautions and other safety measures taken by these businesses will create an air of confidence among the customers, post Covid-19,” said Huda Jaffer, foundation director.