Parliament Question: National Minorities Development & Finance Corporation

GOVERNMENT OF INDIA MINISTRY OF MINORITY AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 3120 ANSWERED ON 11.03.2026 NATIONAL MINORITIES DEVELOPMENT & FINANCE CORPORATION 3120. SHRI P V MIDHUN REDDY: Will the Minister of MINORITY AFFAIRS be pleased to state: (a) the objectives and functions of National Minorities Development & Finance Corporation (NMDFC); (b) the details of financial assistance provided by NMDFC during the last three years; (c) the number of persons benefitted under the said scheme, State-wise; and (d) the steps undertaken by the Government to ensure that minority women are adequately represented under NMDFC's schemes? ANSWER THE MINISTER OF MINORITY AFFAIRS (SHRI KIREN RIJIJU) (a): The National Minorities Development & Finance Corporation (NMDFC) is a Central Public Sector Enterprise under the Ministry of Minority Affairs. Its prime mandate is to provide concessional credit for self-employment and income-generating activities of eligible beneficiaries belonging to notified minority communities through State Channelizing Agencies (SCAs) nominated by respective State Govt./UT Administration and select banks. (b) & (c): The details are provided as Annexure – A. (d): The steps undertaken by NMDFC to ensure adequate representation of minority women under its schemes are as under: (i) Concessional Interest Rates for Women: To promote women’s entrepreneurship and higher education, NMDFC provides special interest concessions under Credit Line–2: • Term Loan : 6% p.a. for women (8% p.a. for men) • Micro Finance : 8% p.a. for women (10% p.a. for men) • Education Loan : 5% p.a. for women (8% p.a. for men) (ii) Virasat Scheme (for artisans): Women artisans receive an additional 1% interest concession, paying 4% p.a. under Credit Line–1 and 5% p.a. under Credit Line–2, compared to 5% and 6% respectively for male beneficiaries. (iii) Focus on Women under the Micro Finance Scheme: The Micro Finance Scheme primarily targets women, especially those in remote villages and urban slums. Women are organized into Self Help Groups (SHGs) to promote savings and access to credit. Each SHG member can avail loans of up to ₹1.00 lakh (Credit Line–1) or ₹1.50 lakh (Credit Line–2). Nearly 98–99% of the beneficiaries under this scheme are women. *****Annexure-A ANNEXURE REFERRED IN REPLY TO PART (B) & (C) OF LOK SABHA UNSTARRED QUESTION NO. 3120 REGARDING NATIONAL MINORITIES DEVELOPMENT & FINANCE CORPORATION ASKED BY SHRI P V MIDHUN REDDY (Rs. In Lakh) 2022-2023 2023-2024 2024-2025 2025-2026 STATE No. of Amt. No. of Amt. No. of Amt. No. of Amt. benf. disbursed benf. disbursed benf. disbursed benf. disbursed Andaman & Nicobar 1 0.46 1 1.50 - - 2 3.50 Andhra Pradesh 2,525 509.96 187 154.30 172 188.00 430 424.31 Arunachal Pradesh - - - - 127 190.00 5 12.79 Assam 59 58.54 - - 7 8.00 31 68.69 Bihar 4 3.91 12 14.40 6 10.00 8 10.54 Chandigarh 7 10.00 7 10.00 - 2 3.00 Chhattisgarh - - - - 2 3.00 4 6.18 Delhi 17 25.00 - - - Goa 70 104.26 3 7.90 14 21.60 9 13.50 Gujarat 78 121.00 7 7.90 6 11.00 16 49.93 Haryana 633 880.15 185 266.00 360 570.70 266 397.70 Himachal Pradesh 1,000 1,500.00 856 1,284.00 564 846.00 517 775.74 Jammu & Kashmir 5,019 6,278.00 1,911 2,830.20 1,957 2,926.00 870 1,251.91 Jharkhand 119 160.05 120 180.00 - - 16 27.62 Karnataka 272 184.64 152 159.30 224 174.00 466 457.29 Kerala 78,279 33,331.52 74,088 31,876.50 76,662 32,367.00 56,522 29,169.30 Ladakh - - - - 67 100.00 279 418.20 Lakshadweep 2 3.00 - - - - 4 5.81 Madhya Pradesh 1 0.46 - - 1 2.00 4 6.83 Maharashtra 1,137 1,203.45 1,267 1,899.60 3,014 4,512.00 1,036 1,567.61 Manipur 8 3.45 - - - - 24 33.11 Meghalaya 4 2.94 - - 1 0.50 69 75.74 Mizoram 207 305.18 141 212.00 113 170.00 340 503.37 Nagaland 5 3.16 - - - - 31 40.51 Odisha 2 2.00 - - 10 4.00 5 5.02 Puducherry - - 1 1.90 - - 1 0.39 Punjab 60 84.65 77 113.50 629 944.00 468 800.48 Punjab Gramin Bank - - 134 200.00 304 419.00 Rajasthan 350 515.84 70 104.80 295 445.00 6 15.23 Sikkim - - 13 20.00 19 7.73 Tamil Nadu 13,855 5,677.08 16,554 5,704.40 19,443 7,702.00 20,656 8,555.68 Telangana 669 608.39 35 22.10 8 4.00 67 99.42 Tripura 1 1.00 - - 3 3.00 46 65.40 Uttar Pradesh 133 129.91 75 135.30 94 136.00 60 109.79 Uttarakhand 26 16.42 19 34.90 3 2.00 54 42.81 West Bengal 101,237 36,446.94 89,097 31,524.60 96,350 34,483.00 118,193 39,053.56 Grand Total 205780 88171.36 184865 76545.1 200279 86042.8 200830 84497.69