NBCFDCNational Backward Classes Finance and Development Corporation (India)
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With a view to bolster the drive to bring backward classes in the skilling ecosystem, RSDC signed a Memorandum of Agreement (MoA) with NBCFDC in mid-2017.
The NBCFDC was set up in the year 1992 with an authorised share capital of Rs.
She congratulated the National level Corporations under the Ministry of Social Justice and Empowerment, including NBCFDC for having rendered valuable service to ameliorate the plight of economically weaker sections of the society by way of concessional loans through the SCAs.
Wasnik asked the participating Managing Directors of the State Channelizing Agencies to take effective measures to ensure that loans are repaid on time and also impress upon their respective State Governments to provide Government Guarantees so that poorer segment of the backward class are not deprived of concessional financial assistance available under NBCFDC schemes.