Schemes For Backward Classes

SCHEMES FOR THE WELFARE OF BACKWARD CLASSES  (NBCFDC SCHEMES)

Govt. of India set up National Backward Classes Finance and Development Corporation (NBCFDC)  in the year  1992  for implementing  Self-Employment   schemes  for Backward Classes through State Channelinsing Agencies and nominated Backfinco as Nodal Agency to implement schemes in collaboration with NBCFDC in the State. As per the Financing Pattern, 85% of the project cost as term loan is provided by NBCFDC, 10% is contributed by Backfinco out of Margin Money provided by the State Govt. and the remaining 5% is contributed by the beneficiary. Corporation provides loan under various schemes (list attached).