National Backward Classes Finance & Development Corporation (NBCFDC) was incorporated 13 January 1992 as a non profit company under the
Ministry of Social Justice and Empowerment
The Ministry of Social Justice and Empowerment is a Government of India ministry. It is responsible for welfare, social justice and empowerment of disadvantaged and marginalised sections of society, including scheduled castes (SC), Other Backwa ...
,
Government of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...
to improve and develop the economic activities for the members of
Backward Classes who are living below double the poverty line.
The corporation can assist loan for their self-employment ventures in the sectors like agriculture, transport and service etc.
NBCFDC also provides Micro Financing through SCAs/ Self Help Groups (SHGs). The corporation can assist a wide range of income generating activities to assist the poorer section of these classes in skill development and self-employment ventures under following broad sectors.
See also
*
National Scheduled Castes Finance and Development Corporation
References
External links
*
Nbcfdc.org*
Government-owned companies of India
Financial services companies of India
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