OSCSC ltd., was established on 3rd September, 1980 as a fully owned State Government company under Companies Act, 1956. Initially it had an authorized share capital of Rs 5 Cr. Currently, it stands at Rs. 15 Cr. The Corporation makes efforts to devise new approaches to expand its horizon of activities with changing needs. The Corporation maintains a no profit no loss status, in order to fulfill its commitment to serve the poor segments of the society. The State government plays a significant role in supporting the welfare activities of the Corporation. It recompenses the losses of the Corporation after taking into account all the revenue generated and expenses incurred by means of subsidy.