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National Scheduled Castes Finance and Development Corporation
 
  1. VISION : Fighting Poverty through Entrepreneurship
  2. MANDATE : Providing concessional finance for setting up of self-employment projects and skill-training grants to unemployed SC persons living below Double the Poverty Line.
  3. NSFDC : NSFDC is an institution under Ministry of Social Justice & Empowerment, Government of India for financing, facilitating and mobilizing funds for the economic empowerment of persons belonging to the Scheduled Castes families living below Double the Poverty Line. NSFDC finances income generation schemes for the target group through the State Channelising Agencies (SCAs) nominated by respective State/UT Governments.
  4. BROAD OBJECTIVE : NSFDC is the apex institution for financing, facilitating and mobilizing funds from other sources and promoting the economic development activities of the persons belonging to the Scheduled Castes living below double the poverty line.
  5. SHARE CAPITAL : The authorised share capital of the Corporation is Rs 1000 crores as on 31st March 2014 and the Paid up Share Capital is Rs 881.80 cr. as on 31.03.2014.
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