NEDFi inks MoU with FINER to promote entrepreneurship in North East

Financial institution, North Eastern Development Finance Corporation Ltd. (NEDFi) inked an MoU with Federation of Industries of North-Eastern Region (FINER) for promoting and nurturing entrepreneurship, generating employment and creating empowerment of weaker sections.

NEDFi celebrated its 26th Foundation Day on Monday. Over the years, the Corporation has provided loans to over 7000 projects in eight states of North-Eastern Region.

To give exclusive support to entrepreneurs of Kamrup District, the Corporation set up NEDFi Guwahati Branch in Dispur, in the NEDFi House premises. The Branch Office was inaugurated by Chandra Mohan Patowary, Minister of Industries and Commerce. By opening of this branch, NEDFi will be able to cater to the entrepreneurs of Kamrup District.


The Minister also inaugurated a ‘Clearance Sale of Artisanal Products of NER’ at NEDFi House. The objective of this sale is to provide market linkage to artisans and weavers of North East Region, where products of Assam State Rural Livelihood Mission (ASRLM) clusters and North East Handicrafts and Handlooms Corporation (NEHHDC) and artisans of North East will be available.