विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 20-December 2014
Date Month Year
  • Min of Home Affairs
  • H.P. Chaudhary advises SSB to face challenges with commitment and confidence
  • Min of Information & Broadcasting
  • Shri Arun Jaitley inaugurates Multimedia Exhibition on Former Prime Minister Shri Atal Bihari Vajpayee
  • Min of Parliamentary Affairs
  • Winter Session of Parliament enters final lap; Rajya Sabha still to decide on crucial Bills Lok Sabha’s productivity rises to 105% while that of Rajya Sabha declines to 68% Lok Sabha so far clears a record 17 Bills and Rajya Sabha only 11 Introduction of GST Bill in Lok Sabha, passing of labour reform Bills mark the high points of session
  • Min of Road Transport & Highways
  • Nitin Gadkari calls upon the Industry to invest in development of Inland Waterways
  • Min of Urban Development
  • National Level City Stakeholder Consultation held to finalize guidelines for HRIDAY Scheme; Shri Venkaiah Naidu emphasizes that the future development of any city must take into consideration its nature, history, and culture
  • LED based energy efficient smartstreet lights launched in Delhi by the Union Urban Development Minister Shri M.Venkaiah Naidu; Says that the Government is committed to work for development and betterment of the masses

Previous Date

 
Ministry of Minority Affairs16-September, 2011 14:03 IST
Enabling National Minorities Development and Finance Corporation to Increase its Operations
The authorized share capital of National Minorities Development and Finance Corporation (NMDFC) has been enhanced from Rs. 750 crore in 2007-08 to Rs. 850 crore in 2008-09 to Rs. 1,000 crore in 2009-10 and to Rs. 1,500 crores during 2010-11. The Government of India has been providing share capital contribution to NMDFC in order to enable NMDFC to increase its operations. The total equity share capital released by the Government to NMDFC as on 31st July 2011 is Rs.875.36 crore.

NMDFC extends loans to individuals belonging to Minorities, living below double the poverty line, for undertaking self employment and income generating activities. The term Loans are provided by NMDFC through the State Channelising Agencies (SCAs) nominated by the respective State Governments. NMDFC also provides Micro-credit to the members of Self Help Groups (SHGs) through Non Governmental Organizations (NGOs) as well as SCAs. The target group of NMDFC includes persons belonging to minorities living below double the poverty line income, which at present is Rs. 55,000 per annum in the urban areas and Rs. 40,000 per annum in rural areas. Eligible persons can obtain loans from the respective SCAs by applying directly to the respective SCAs. NGO can also approach NMDFC directly or to the SCAs for obtaining micro credit to further lend the same to the members of the SHGs belonging to minorities.

--------------------


KKP/sl
(Release ID :76031)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy