Schemes For Minorities

SCHEMES FOR THE WELFARE OF MINORITY COMMUNITIES (NMDFC SCHEMES)

Govt. of India set up National Minorities Development and Finance Corporation (NMDFC) in September 1994 for economic uplift of five notified minorities i.e. Sikhs, Christians, Muslims, Parsis and Buddhists and Jaines. As per the financing pattern under NMDFC scheme 90% of the project cost is provided by NMDFC as term loan, 5% is contributed by State Govt. as Margin Money & 5% by the beneficiary. Corporation provides loans under various schemes (List attached)