India, Dec. 8 -- The Government of India has issued a release:
S. No.
Parameters
Term Loan
Education Loan
Micro Finance
Virasat
1
Max. Loan Amount (Rs. In Lakh)
20
20 (In India for upto 5 years duration courses)
1 per member of SHG
10
2
Rate of Interest for beneficiaries (% p.a.)
6
3
7
5 (male)
3
Rate of Interest by SCA/Bank to NMDFC( %p.a.)
3
1
1
3 (male)
4
Moratorium period for the Beneficiaries
6 Months
6 months after course completion or getting job, whichever is earlier
3 months
6 months
5
Repayment period for beneficiaries
5 Years
5 years
3 year
5 years
6
Means of Financing NMDFC: SCA/Bank: Beneficiary
90 :5 : 5
S. No.
Parameters
Term Loan
Education Loan
Micro Finance
Virasat
1
Max. Loan Amount (Rs. In Lakh)
30
20 (In India for upto 5 years duration courses)
1.50 per member of SHG
10
2
Rate of Interest for beneficiaries (% p.a)
8 (male)
8 (male)
10 (male)
6 (male)
3
Rate of Interest payable by SCA/Bank to NMDFC(% p.a)
5 (male)
2
4 (male)
4 (male)
4
Moratorium period for the Beneficiaries
6 months
6 months after course completion or getting a job, whichever is earlier
3 months
6 months
5
Repayment period for beneficiaries
5 years
5 years
3 year
5 years
6
Means of Financing NMDFC: SCA/Bank: Beneficiary
90 :5 : 5
S. No.
Financial Year
Amount
1
2014-2015
431.20
2
2015-2016
473.29
3
2016-2017
503.32
4
2017-2018
570.83
5
2018-2019
603.66
6
2019-2020
602.50
7
2020-2021
650.41
8
2021-2022
700.00
9
2022-2023
881.70
10
2023-2024
765.45
11
2024-2025
860.43
S. No.
State
Total
Amount
Beneficiaries
1
Gujarat
66.45
320
2
Goa
10.40
80
3
Jammu & Kashmir
93.73
640
4
Kerala
18.30
200
5
Nagaland
5.20
40
6
Rajasthan
15.20
80
7
West Bengal
39.88
320
30 (Courses Abroad for upto 5 years duration)
20 for a group of 20
4 (women)
2 (women)
30 (Courses Abroad for upto 5 years duration)
30 for a group of 20
6 (women)
5 (women)
8 (women )
5 (women)
3 (women)
2 (women)
3 (women)
National Minorities Development & Finance Corporation (NMDFC) implements its schemes for socio-economic development of "backward sections" among the (06) notified minority communities by providing concessional loan for self-employment income generation ventures across the country. The schemes of NMDFC are implemented through State Channelizing Agencies (SCAs) nominated by respective State Govt./ UT Administration, Punjab Gramin Bank, Canara Bank and Union Bank. The details of NMDFC schemes are enclosed as "Annexure -A".
The details of Concessional loan disbursed by NMDFC from F.Y. 2014-15 for the economic empowerment of Minority Communities, are enclosed at "Annexure-B".
The National Minorities Development and Finance Corporation (NMDFC) implements several schemes and programs aimed at promoting marketing opportunities for minority artisans and crafts persons across the country. These initiatives fall primarily under the umbrella of Promotional Schemes, in addition to dedicated credit facilities for artisans.
The key scheme providing marketing and artisan support is:
Marketing Assistance Scheme
This is a Promotional Scheme implemented by NMDFC through its State Channelising Agencies (SCAs).
* Target Group: The scheme is designed for individual crafts persons, beneficiaries of NMDFC, and Self Help Groups (SHGs).
* Objective: It envisages promoting the sale and marketing of their products at remunerative prices.
* Method of Marketing: This is achieved through participation or organizing exhibitions at the State or District level.
The Statement Showing State-Wise Sanctions under Marketing Assistance Scheme during last 6 Years is enclosed as "Annexure-C".
The information was given by Union Minister of Minority Affairs Shri Kiren Rijiju in a written reply in Rajya Sabha today.
Disclaimer: Curated by HT Syndication.
