10 lakh backward class families benefit from NBCFDC loans
Nearly 10 lakh families belonging to the Backward Classes living below the poverty line have benefited from loans disbursed by the National Backward Classes Finance and Development Corporation (NBCFDC).
By PTI |
NEW DELHI: Nearly 10 lakh families belonging to the Backward Classes living below the poverty line have benefited from loans disbursed by the National Backward Classes Finance and Development Corporation (NBCFDC).
The NBCFDC has assisted more than 1.21 lakh beneficiaries by disbursing a loan amount of Rs 141.31 crore during 2007-08.
Cumulatively it has assisted more than 9.51 lakh families of Backward Classes living below the poverty line with a loan amount of Rs 1,364.77 crore, an official release said today.
The commission has also introduced Micro Finance Schemes through Self Help Groups (SHG) and Educational Loan Scheme 'New Akanksha' for technical and professional courses at graduate and higher levels.
Against paid up capital of Rs 491.35 crore, the Corporation has disbursed Rs 1,364.77 crore at the end of Financial Year 2007-08, the release said.
Loan amount of Rs 873.42 crore over and above the budgetary support has been disbursed by recycling of repayments and recoveries and efficient management of internal resources.
The NBCFDC has assisted more than 1.21 lakh beneficiaries by disbursing a loan amount of Rs 141.31 crore during 2007-08.
Cumulatively it has assisted more than 9.51 lakh families of Backward Classes living below the poverty line with a loan amount of Rs 1,364.77 crore, an official release said today.
The commission has also introduced Micro Finance Schemes through Self Help Groups (SHG) and Educational Loan Scheme 'New Akanksha' for technical and professional courses at graduate and higher levels.
Against paid up capital of Rs 491.35 crore, the Corporation has disbursed Rs 1,364.77 crore at the end of Financial Year 2007-08, the release said.
Loan amount of Rs 873.42 crore over and above the budgetary support has been disbursed by recycling of repayments and recoveries and efficient management of internal resources.
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