Micro Credit Scheme Under MDFC

Press Release ID: 113028
Date: Wed, 10 Dec 2014
Ministry: Ministry of Minority Affairs

 

 

            The National Minorities Development and Finance Corporation (NMDFC), a Central Public Sector Enterprise of Ministry of Minority Affairs, provides concessional loans including Micro-finance to members of notified minority communities through State Channelising Agencies (SCAs) nominated by respective State Governments/UT Administrations.

                        In Maharashtra, the schemes of NMDFC, including the Micro-finance scheme, are implemented through the SCA namely, Maulana Azad Alpasankhyak Arthik Vikas Mahamandal (MAAAVM). In the year 2012-13, an amount of Rs. 3.00 crore under Micro-finance scheme was drawn by MAAAVM for 1333 beneficiaries. The MAAAVM has not submitted the utilization certificate for the amount. During 2014-15, higher allocation of Rs. 5.00 crore has been made for Maharashtra under Micro-finance scheme.

            The State-wise details of amount disbursed and beneficiaries covered under the Micro-finance Scheme since starting of the scheme in 1998 till 31.10.2014 are enlisted.

Total achievements under Micro Financing Scheme of NMDFC (upto 31.10.2014)

S. No. State Disbursement (Amount in Rs. Lakhs)   Number of Beneficiaries Assisted
1 Andhra Pradesh 669.39 21,871
2 Arunachal Pradesh 2.25 42
3 Assam 515.42 7,713
4 Bihar 120.29 6,084
5 Chhattisgarh 150.00 667
6 Delhi 72.80 611
7 Gujarat 145.50 1,769
8 Haryana 710.52 5,965
9 Jammu & Kashmir 282.72 3,078
10 Jharkhand 35.19 456
11 Kerala 17,566.76 1,30,020
12 Karnataka 335.02 4315
13 Maharashtra 500.79 5,313
14 Manipur 16.61 1765
15 Madhya Pradesh 115.31 1379
16 Meghalaya 3.60 62
17 Mizoram 9.81 123
18 Nagaland 1,236.51 7,306
19 Orissa 234.30 4,213
20 Pudducherry 210.00 1,417
21 Rajasthan 65.26 3,003
22 Tamilnadu 10,809.70 1,06,370
23 Tripura 5.00 50
24 Uttar Pradesh 217.67 9,718
25 Uttaranchal 19.93 1,130
26 West Bengal 40,656.15 2,66,786
TOTAL 74,706.34 5,91,226

 

 

            This was stated by the Minister for Minority Affairs Dr. Najma A Heptulla  in Lok Sabha today.

 

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