National Scheduled Caste Finance and Development Corporation Background

OV Digital Desk

National Scheduled Caste Finance and Development Corporation(NSFDC) is a Company (Not for Profit), registered under section 8 of the Companies Act, 2013, under the Ministry of Social Justice and Empowerment, Govt. of India, with the objective of working for the Socio-Economic Empowerment of Scheduled Caste persons having annual family income up to Rs.3.00 lakh.   The Corporation provides loan assistance for self-employment ventures in the sectors like Agriculture and Allied Activities, Small Business/Artisan & Traditional Occupation, Service Sector (Including Transport Sector) and Education Loan for Technical & Professional Trades/Courses.

NSFDC has been channelizing funds at concessional interest rates through State Channelizing agencies (SCAs), and Channelizing (including partner Public Sector Banks, Regional Rural Banks, NBFC-MFIs, select Cooperative Societies and Cooperative Banks) for promoting income generating projects of persons belonging to the Scheduled Castes having annual family income upto Rs.3.00 lakh.  

The SCAs and CAs have continued to be strong partners of NSFDC over the years promoting the economic empowerment of Scheduled Castes at grass-root level. In order to strengthen the bond of partnership further, NSFDC is organizing a two day Workshop-cum-Management Development Programme on 27th-28th July, 2023 at SCOPE Convention Centre, Tagore Chamber, SCOPE Complex, 7, Lodhi Road, New Delhi for the officials of SCAs and CAs to discuss emerging issues, developments and challenges besides deliberating on best practices in the field which will facilitate experience-sharing and domain knowledge of the participants.



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