Updated By: LatestGKGS Desk
The National Minorities Development and Finance Corporation (NMDFC), conducted a workshop on financial management in New Delhi on July 17, 2018.
The Workshop is for the heads of state channelizing agencies of NMDFC.
Addressing the workshop, Minority affairs Minister Mukhtar Abbas Naqvi said that by giving a loan to minorities at an affordable interest rate, NMDFC is doing a remarkable job helping them get socially and economically empowered.
Mukhtar Abbas Naqvi further said, with over 6 lakh 37 thousand beneficiaries of NMDFC's various programmes, the corporation is anticipating increasing the number of minority beneficiaries.
National Minorities Development and Finance Corporation (NMDFC) was incorporated in September 1994 as a non-profit company under the Ministry of Social Justice and Empowerment, Government of India. (Now, the ministry of minority affairs)
NMDFC primary aim is to provide concessional finance for self-employment activities to eligible beneficiaries belonging to the minority communities, having a family income below double the poverty line.
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