India, March 12 -- The Government of India issued the following news release:
National Minorities Development and Finance Corporation has disbursed concessional credit to the tune of Rs. 2347.15 crore during the last three years i.e., from F.Y. 2021-22 to F.Y. 2023-24, thereby providing benefits to 5,50,939 beneficiaries from minority communities.
NMDFC has following eligibility criteria for the dissemination of concessional credit:
Persons should belong to a notified National Minority, specifically Buddhists, Christians, Jains, Muslims, Parsis, and Sikhs, as defined by the National Commission for Minorities Act of 1992
Person having annual family income of up to Rs. 3.00 lakhs under Credit Line-1 and up to Rs. 8.00 lakhs under Credit Li...