NBCFDC & NMDFC SELF EMPLOYMENT LOAN SCHEMES

Term loans and microfinance loans are provided to eligible members of primary societies by channelising funds from National Backward Classes Development & Finance Corporation (NBCFDC) and National Minorities Development & Finance Corporation (NMDFC), since 1997.  85% of the project cost is financed by NBCFDC , in the case of fishermen belonging to backward classes or NMDFC, in case of fishermen belonging to Minority Communities. 10% of the project cost being the State Channelising Agency's share  is met by the State Govt.

Self employment loans to the tune of  Rs.807.69 lakhs has been provided to 1042 fishermen with the fund channelised from NMDFC and NBCFDC.