Home India Ministry of Social Justice and Empowerment NATIONAL SCHEDULED CASTES FINANCE AND DEVELOPMENT CORPORATIO...
Date: 2026-02-03 Category: Press Release State: Union Government Country: India

NATIONAL SCHEDULED CASTES FINANCE AND DEVELOPMENT CORPORATION

Issued by Ministry of Social Justice and Empowerment · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document provides information regarding the financial support provided by the Ministry of Social Justice and Empowerment to the National Scheduled Castes Finance and Development Corporation (NSFDC) for promoting economic development and self-employment among Scheduled Caste beneficiaries. It outlines fund disbursements, utilization, and revisions to lending policies and eligibility criteria. Revisions to the lending policy took effect on 01.04.2025 and revisions to the family income limit took effect on 07.01.2026. **Key Points / Main Content** * **Financial Support and Disbursement:** * ₹1,500 crore was released to NSFDC by the Department of Social Justice and Empowerment up to 31.03.2020. * An additional ₹15 crore was released as equity during the year 2023-24. * As of 23.01.2026, ₹7,673.59 crore has been utilized against a cumulative release of ₹7,856.65 crore, with ₹183.06 crore remaining unutilized. * **Fund Utilization Issues and Improvement Measures:** * Reasons for under-utilization include delays in beneficiary selection, time for documentation, and non-receipt of utilization details. * NSFDC has taken measures to improve fund utilization, including revising its lending policy and mandating utilization of funds within 90 days. * **Revised Lending Policy (effective 01.04.2025):** * Revision to lending policy, including mandating utilisation of funds within 90 days. * Regular review meetings with State Channelizing Agencies. * Field visits by officials. * Third-party evaluation studies. * Extensive awareness programmes. * **Revised Eligibility Criteria (effective 07.01.2026):** * The annual family income eligibility limit for NSFDC loan assistance has been revised from ₹3 lakh to ₹5 lakh. * **Data on Beneficiaries and Fund Utilization (Annexures):** * Year-wise details of funds disbursed and utilized by NSFDC to State Channelizing Agencies are given in Annexure-I. * The number of Scheduled Caste beneficiaries covered under various NSFDC schemes (state-wise) is given in Annexure-II. **Impact Analysis** **Stakeholder: Scheduled Caste Beneficiaries** * **Impact:** Enhanced outreach and economic empowerment due to increased income eligibility. * **Action Required:** To apply for NSFDC loan assistance under the revised income eligibility limit. **Stakeholder: State Channelizing Agencies (SCAs)** * **Impact:** Increased scrutiny on fund utilization and adherence to revised lending policies. * **Action Required:** To ensure timely beneficiary selection and utilization of funds within 90 days, participate in regular review meetings.

Key Entities Referenced

National Scheduled Castes Finance and Development Corporation (NSFDC): A corporation that Ministry of Social Justice and Empowerment provides financial support for promoting economic development and self-employment among Scheduled Caste beneficiaries across the country. Ministry of Social Justice and Empowerment: Provides financial support to the National Scheduled Castes Finance and Development Corporation. Scheduled Castes: Targeted beneficiaries of the NSFDC for economic development and self-employment.
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Ministry of Social Justice & Empowerment NATIONAL SCHEDULED CASTES FINANCE AND DEVELOPMENT CORPORATION Posted On: 03 FEB 2026 6:09PM by PIB Delhi Ministry of Social Justice and Empowerment provides financial support to the National Scheduled Castes Finance and Development Corporation (NSFDC) for promoting economic development and self- employment among Scheduled Caste beneficiaries across the country. A total amount of ₹1,500 crore was released up to 31.03.2020 by the Department of Social Justice and Empowerment to NSFDC, and an additional amount of ₹15 crore as equity was released during the year 2023-24. Year-wise details of funds disbursed by NSFDC to State Channelizing Agencies and the funds utilised by them are given at Annexure-I. The number of Scheduled Caste beneficiaries covered under various NSFDC schemes during the last five years and the current year, State-wise, is given at Annexure-II. As on 23.01.2026, an amount of ₹7,673.59 crore has been utilised against the cumulative release of ₹7,856.65 crore, with ₹183.06 crore remaining unutilised. The reasons for under-utilisation include delays in beneficiary selection by State Channelizing Agencies, time taken by beneficiaries in completing loan documentation, and non-receipt of utilisation details from district branches, leading to pendency of Utilisation Certificates. To improve fund utilisation, NSFDC has taken several measures, including revising its lending policy with effect from 01.04.2025, mandating utilisation of funds within 90 days, conducting regular review meetings with State Channelizing Agencies, field visits by officials, third-party evaluation studies, and extensive awareness programmes. Further, the annual family income eligibility limit for availing NSFDC loan assistance has been revised from ₹3 lakh to ₹5 lakh with effect from 07.01.2026 to enhance outreach and economic empowerment of Scheduled Castes. [This information was given by the Minister of State for Social Justice and Empowerment, Shri Ramdas Athawale, in a written reply in the Lok Sabha today.] (Rs. in crore)Year Funds disbursed by NSFDC to Funds utilised by State State Channelizing Agencies Channelizing /Channelizing Agencies Agencies/Channelizing Agencies (SCAs/CAs) (SCAs/CAs)* (2) (3) (1) 2020-21 548.23 383.87 2021-22 572.01 522.61 2022-23 635.94 482.75 2023-24 714.45 739.40 2024-25 611.78 1092.17 2025-26 382.35 423.39 (as on 23.01.2026) Total 3464.76 3644.19 Annexure-I. *Funds utilized includes funds received during the previous years but utilized in subsequent years. Annexure-II Sl. States/UTs 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 20 No. (a 23 No. of No. of No. of No. of No. of No. Beneficiaries Beneficiaries Beneficiaries Beneficiaries Beneficiaries Beneficia 1 Andaman & 0 1 0 0 2 0 Nicobar Islands 2 Andhra 102 4,007 2,997 11,571 8,229 9, Pradesh 3 Arunachal 0 2 0 0 3 0 Pradesh 4 Assam 28 4 20 952 164 25 Bihar 96 44 5,018 2,652 211 4, 6 Chandigarh 74 4 75 11 7 10 7 Chhattisgarh 224 196 325 265 305 1, 8 Dadra and 0 2 1 0 0 0 Nagar Haweli, Daman &Diu 9 Delhi 49 185 334 14 77 1 10 Goa 3 2 2 1 3 1 11 Gujarat 728 202 347 81 394 92 12 Haryana 937 1,216 1,441 1,486 478 60 13 Himachal 282 15 726 453 1136 43 Pradesh 14 Jammu & 100 794 11 321 42 0 Kashmir 15 Jharkhand 45 1 1,945 111 88 29 16 Karnataka 5,540 4,353 2,932 2,280 2,828 49 17 Kerala 3,166 3,079 6,119 5,486 7,632 4, 18 Laddakh 0 0 0 0 0 0 19 Lakshadweep 0 1 0 0 0 0 20 Madhya 1,661 1,883 61 838 374 27 Pradesh 21 Maharashtra 1,428 3,277 6,215 752 1,123 13 22 Manipur 9 1 42 2 37 0 23 Meghalaya 0 0 1 1 3 024 Mizoram 1 0 0 0 55 0 25 Nagaland 2 1 4 0 69 0 26 Odisha 279 384 1,209 654 245 69 27 Puducherry 434 80 2,397 2,993 1,877 89 28 Punjab 1,488 2,907 3,972 5,741 6,095 1, 29 Rajasthan 7,931 84 4,494 1,905 785 9 30 Sikkim 40 43 5 4 24 0 31 Tamil Nadu 3,595 13,824 3,378 14,548 5,588 2, 32 Telangana 2,485 415 6,535 2,606 390 3, 33 Tripura 730 2798 676 1578 127 1 34 Uttar Pradesh 8,922 3,967 2,390 7,700 2,647 62 35 Uttarakhand 2 111 23 246 267 4 36 West Bengal 53,621 32,336 30,293 20,120 445 84 Total : 94,002 76,219 83,988 85,372 41,750 31 ***** S.M (Release ID: 2222707) Visitor Counter : 120 Read this release in: Urdu

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