Parliament Question: National Minorities Development and Finance Corporation

GOVERNMENT OF INDIA MINISTRY OF MINORITY AFFAIRS LOK SABHA STARRED QUESTION NO. *58 ANSWERED ON 03.12.2025 NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION *58. SHRI G KUMAR NAIK: Will the Minister of MINORITY AFFAIRS be pleased to state: (a) the details of schemes implemented by the National Minorities Development and Finance Corporation (NMDFC) and the objectives thereof; (b) the details of total funds allocated and released to States/UTs under NMDFC schemes since its inception during the last five years, year-wise and State/UT-wise; and (c) the number of beneficiaries who have availed assistance under NMDFC schemes during the said period? ANSWER THE MINISTER OF MINORITY AFFAIRS (SHRI KIREN RIJIJU) (a) to (c): A statement is laid on the Table of the House. *****STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO.58 FOR ANSWER ON 03.12.2025 REGARDING ‘NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION’ ASKED BY SHRI G KUMAR NAIK (a): National Minorities Development & Finance Corporation (NMDFC) implements its schemes for socio-economic development of “backward sections” among the (06) notified minority communities by providing concessional loan for self-employment income generation ventures across the country. The schemes of NMDFC are implemented through State Channelizing Agencies (SCAs) nominated by respective State Govt./ UT Administration, Punjab Gramin Bank and Canara Bank. The details of NMDFC schemes are enclosed as “Annexure -A”. (b) to (c): The details of total funds released States/UT wise and number of beneficiaries, under NMDFC schemes since its inception are enclosed as “Annexure-B”. Further the details of funds released States/UT wise and number of beneficiaries assisted under NMDFC schemes for the last five years are enclosed as “Annexure-C”. *****Annexure-A Annexure referred to in reply to part (a) of Lok Sabha Starred Question No. 58 for answer on 03.12.2025 regarding ‘NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION’ asked by SHRI G KUMAR NAIK Eligibility Condition 1. Muslims, Christians, Sikhs, Buddhists, Parsis & Jains notified as National Minorities by the Central Government under the National Minorities Commission Act, 1992 are eligible to avail benefit under NMDFC schemes. 2. The annual family income eligibility criterion under Credit Line-1 is upto Rs. 3.00 lacs p.a. for both rural & urban areas. Under Credit Line -2, persons with higher annual family income of upto Rs.8.00 lacs p.a. can avail higher quantum of financial assistance at a higher rate of interest. Concessional Credit Schemes of NMDFC 1. Term Loan:- Assistance under this scheme is available for any commercially viable & technically feasible venture. Maximum Loan of up to Rs.20.00 Lacs per beneficiary is available under Credit Line-1 at an interest rate of 6% p.a. Higher loan, maximum up to Rs.30.00 Lacs per beneficiary is available under Credit Line-2 at an interest rate of 8% p.a. for male beneficiaries & 6% p.a for female beneficiaries. Education Loan:- Education loan scheme is part of term loan scheme. Education Loan is provided for pursuing technical and professional courses with maximum course duration of 5 years. The Educational Loan of upto Rs.20.00 lacs for courses in India & Rs.30.00 lacs for courses abroad is available at an interest rate of 3% p.a. under Credit Line-1 while interest of 8% p.a. is charged from male beneficiaries & 5% p.a from female beneficiaries under Credit Line-2. Virasat Scheme:- This scheme is also part of the Term Loan scheme and is implemented with the objective to meet credit requirements of the Artisans, both in terms of Working Capital and Fixed Capital for purchase of equipment/tools/machineries. Maximum loan,upto Rs.10.00 Lacs can be availed under the scheme at simple interest of 5% p.a. for Male Artisan & 4% p.a. for Female Artisan under Credit Line-1 and at simple interest of 6% p.a. for Male Artisan & 5% p.a. for Female Artisan under Credit Line-2. 2. Micro Finance:-Under Micro-finance scheme, micro-credit is extended to the members of Self Help Groups (SHGs), especially the women from Minority communities scattered in remote villages & urban slums, who are not able to take advantage of the formal banking credit. The scheme requires that the beneficiaries are organized into SHGs and get into habit of thrift & credit, however small. Maximum loan upto Rs.1.00 lac per SHG member is available under Credit Line -1 at an interest rate of 7% p.a. Higher loan, maximum upto Rs.1.50 lacs per SHG member is available under Credit Line-2 at an interest rate of 10% p.a. for male beneficiaries & 8% p.a for female beneficiaries.Credit Line-wise other parameters & funding structure of NMDFC schemes A. Credit Line 1 Sr. Parameters Term Loan Education Loan Micro Finance Virasat 1 Max. Loan Amount 20 20 (In India for upto 5 1 per member of 10 (Rs. In Lakh) years duration courses) SHG 30 (Courses Abroad for 20 for a group upto 5 years duration) of 20 2 Rate of Interest for 6 3 7 5 (male) beneficiaries (% p.a.) 4 (women) 3 Rate of Interest by 3 1 1 3 (male) SCA/Bank to 2 (women) NMDFC( %p.a.) 4 Moratorium period 6 Months 6 mths after course 3 months 6 months for the Beneficiaries completion or getting job, whichever is earlier 5 Repayment period 5 Years 5 years 3 year 5 years for beneficiaries 6 Means of Financing 90 :5 : 5 NMDFC: SCA/Bank: Beneficiary B. Credit Line 2 S.No. Parameters Term Loan Education Loan Micro Finance Virasat 1 Max. Loan Amount 30 20 (In India for upto 5 1.50 per member 10 (Rs. In Lakh) years duration courses) of SHG 30 (Courses Abroad for upto 30 for a group of 5 years duration) 20 2 Rate of Interest for 8 (male) 8 (male) 10 (male) 6 (male) beneficiaries (% p.a) 6 (women) 5 (women) 8 (women ) 5 (women) 3 Rate of Interest 5 (male) 2 4 (male) 4 (male) payable by 3 (women) 2 (women) 3 (women) SCA/Bank to NMDFC(% p.a) 4 Moratorium period for 6 months 6 mths after course 3 months 6 months the Beneficiaries completion or getting a job, whichever is earlier 5 Repayment period for 5 years 5 years 3 year 5 years beneficiaries 6 Means of Financing 90 :5 : 5 NMDFC: SCA/Bank: BeneficiaryANNEXURE-B Annexure referred to in reply to part (b) to (c) of Lok Sabha Starred Question No. 58 for answer on 03.12.2025 regarding ‘NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION’ asked by SHRI G KUMAR NAIK State/UT wise Cumulative Disbursement of Funds & No. of Beneficiaries Assisted by NMDFC as on 31-03- 2025 Amt. Rs. in Crore Micro Credit Term Loan Total State/UTs Disbursed Beneficiaries Disbursed Beneficiaries Disbursed Beneficiaries Andaman & Nicobar - - 0.03 3 0.03 3 Andhra Pradesh 10.67 24,328 60.90 31,215 71.57 55,543 Arunachal Pradesh 0.02 42 2.42 150 2.45 192 Assam 6.12 8,548 9.77 1,871 15.89 10,419 Bihar 1.32 6,154 52.37 13,249 53.68 19,403 Chandigarh 2.12 301 2.12 301 Chhattisgarh 1.50 667 9.40 1,370 10.90 2,037 Delhi 0.73 611 4.76 860 5.49 1,471 Goa - - 1.84 121 1.84 121 Gujarat 1.46 1,769 97.15 18,438 98.61 20,207 Haryana 9.99 7,119 85.09 12,353 95.08 19,472 Himachal Pradesh 99.61 8,773 99.61 8,773 Jammu & Kashmir 9.58 5,778 564.27 47,063 573.85 52,841 Jharkhand 0.35 456 10.00 1,343 10.35 1,799 Karnataka 3.73 4,393 134.27 24,902 138.00 29,295 Kerala 1,156.79 5,23,621 1,807.53 1,75,122 2,964.32 6,98,743 Ladakh - - 1.02 68 1.02 68 Lakshadweep - - 0.27 41 0.27 41 Madhya Pradesh 1.15 1,379 13.41 5,064 14.56 6,443 Maharashtra 11.01 7,713 155.32 18,016 166.33 25,729 Manipur 0.25 1,855 2.29 461 2.53 2,316 Meghalaya 0.09 82 1.58 151 1.67 233 Mizoram 0.10 123 65.55 14,914 65.65 15,037 Nagaland 24.37 12,195 75.80 13,634 100.16 25,829 Odisha 2.88 4,443 11.11 3,147 14.00 7,590 Puducherry 5.85 2,961 15.15 2,139 21.00 5,100 Punjab - - 107.57 17,793 107.57 17,793 Punjab Gramin Bank - - 2.00 134 2.00 134 Rajasthan 1.40 3,325 185.52 19,102 186.93 22,427 Sikkim - - 1.20 79 1.20 79 Tamil Nadu 411.93 2,29,302 248.72 24,527 660.65 2,53,829 Telangana 3.95 634 3.95 247 7.90 881 Tripura 0.05 50 118.13 9,954 118.18 10,004 Uttar Pradesh 5.19 10,949 173.34 35,203 178.54 46,152 Uttarakhand 0.20 1,130 10.46 1,146 10.66 2,276 West Bengal 2,400.25 10,63,462 1,427.47 1,60,050 3,827.73 12,23,512Annexure-C Annexure referred to in reply to part (b) to (c) of Lok Sabha Starred Question No. 58 for answer on 03.12.2025 regarding ‘NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION’ asked by SHRI G KUMAR NAIK STATE/UT WISE DETAILS OFALLOCATED AND DISBURSEDFUNDS AND BENEFICIARIES ASSISTEDBY NMDFC DURING LAST 5 YEARS I.E. F.Y. 2020-21 TO F.Y. 2024-25 Amt. Rs. in Crore 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 State/Uts Benef Disb* Disb Benef Disb Benef Disb Benef Disb Benef # Andaman & Nicobar - - 0.01 1 0.0046 1 0.02 1 - - Andhra Pradesh - - 3.04 479 5.10 2,525 1.54 187 1.88 172 Arunachal Pradesh - - 0.52 23 - - - - 1.90 127 Assam - - 2.20 900 0.59 59 - - 0.08 7 Bihar - - 1.23 161 0.04 4 0.14 12 0.10 6 Chandigarh 0.05 3 0.05 3 0.10 7 0.10 7 - - Chhattisgarh - - - - - - - - 0.03 2 Delhi 0.20 13 - - 0.25 17 - - - - Goa 0.20 14 0.30 20 1.04 70 0.08 3 0.22 14 Gujarat 5.64 376 3.00 200 1.21 78 0.08 7 0.11 6 Haryana 2.87 456 2.80 184 8.80 633 2.66 185 5.71 360 Himachal 1 2 .8 Pradesh 6.95 463 11.00 733 15.00 1,000 4 856 8.46 564 Jammu & 2 8 .3 Kashmir 24.79 1,885 35.00 2,667 62.78 5,019 0 1,911 29.26 1,957 Jharkhand 0.15 10 - - 1.60 119 1.80 120 - - Karnataka - - 0.37 32 1.85 272 1.59 152 1.74 224 240.5 3 18. Kerala 0 45,033 261.34 55,089 333.32 78,279 77 74,088 323.67 76,662 Ladakh - - 0.02 1 - - - - 1.00 67 Lakshadweep - - 0.24 39 0.03 2 - - - - MadhyaPradesh - - 0.19 8 0.0046 1 - - 0.02 1 1 9 .0 Maharashtra - - - - 12.03 1,137 0 1,267 45.12 3,014 Manipur - - 0.44 113 0.03 8 - - - - Meghalaya - - 1.60 166 0.03 4 - - 0.01 1 Mizoram 2.76 184 2.50 167 3.05 207 2.12 141 1.70 113 Nagaland - - - - 0.03 5 - - - - Odisha - - 0.87 241 0.02 2 - - 0.04 10 Puducherry - - - - - - 0.02 1 - - Punjab - - 1.80 57 0.85 60 1.14 77 9.44 629 Punjab Gramin Bank - - - - - - - - 2.00 134 Rajasthan 5.00 333 5.03 334 5.16 350 1.05 70 4.45 295 Sikkim 0.20 13 0.80 53 - - - - 0.20 13 5 7.0 Tamil Nadu 25.00 3,333 68.13 20,168 56.77 13,855 4 16,554 77.02 19,443 Telangana - - 1.55 169 6.08 669 0.22 35 0.04 8 Tripura 10.00 667 3.00 200 0.01 1 - - 0.03 3 Uttar Pradesh 21.00 2,400 0.90 37 1.32 133 1.35 75 1.22 94 Uttarakhand 0.10 7 0.08 6 0.16 26 0.35 19 0.02 3 305.0 315. West Bengal 0 93,666 292.10 78,043 364.47 1,01,237 25 89,097 344.83 96,350 * Disbursed # Beneficiaries