Question : NMDFC

(a) the contribution and achievement of National Minorities Development and Finance Corporation (NMDFC) in the upliftment of minorities since its inception;
(b) the number of beneficiaries of different minority groups who received financial assistance from NMDFC during the last three years and the current year;
(c) whether the National Minorities Development and Finance Corporation (NMDFC) has received any project(s) from various State Governments and if so, the details thereof during each of the last three years and the current year, if so, the details thereof, State-wise;
(d) the details of projects/proposals sanctioned by the Government, State-wise;
(e) the time by which the pending projects are proposed to be sanctioned, project-wise and the reasons for delay in this regard; and
(f) the steps taken by the Government for their early disposal, project-wise?

MINISTER OF MINORITY AFFAIRS (SHRI MUKHTAR ABBAS NAQVI)

(a) National Minorities Development and Finance Corporation (NMDFC) has been implementing schemes for the socio-economic development of the ‘backward sections’ amongst the notified minorities namely Muslims, Sikhs, Jains, Parsis, Christians and Buddhists through the State Channelising Agencies (SCAs) nominated by the respective State Governments/UT Administration. For availing assistance under NMDFC schemes, the annual family income eligibility criterion under Credit Line-1 is Rs.98,000 for rural areas and Rs.1.20 lakh for urban areas. Higher annual family income eligibility criterion of upto Rs.6.00 lakh has also been introduced as Credit Line-2 for increasing coverage of beneficiaries under NMDFC schemes.
NMDFC has so far extended financial assistance to the tune of Rs.4513.13 crores under various income generation schemes to more than 13.93 lacs families from the target Minority communities. The details of financial assistance provided under NMDFC schemes are given below:
Year 2013-14 2014-15 2015-16 2016-17 2017-18 Amount Disbursed ( Rs. in crores) 325.46 431.20 473.29 503.32 524.90 (as on 28.2.18)
(b) Community wise number of beneficiaries who have received financial assistance under schemes of NMDFC for the last three Financial Years are given below:-

Last Three Years
Muslim Christian Sikh Buddhist Parsi Jain 407145 70374 2110 550 0 396
For 2017-18, information will be compiled from SCAs during 2018-19.

(c) to (f): As per the lending policy of the National Minorities Development and Finance Corporation (NMDFC), the State Channelizing Agencies (SCAs) are required to furnish their proposals in the form of Annual Action Plans (AAP) to the NMDFC at the beginning of each financial year. All Annual Action Plans(AAP) received from SCAs are examined by NMDFC and funds are allocated to the SCAs based on their past performance in implementing NMDFC Schemes, proper utilisation of funds disbursed earlier and maintaining satisfactory repayments to the NMDFC. Funds are disbursed to the SCAs against the Government Guarantee furnished by the respective State Government in favour of the concerned SCA. Further, NMDFC has delegated the sanctioning and disbursing authority to its SCAs for financing projects of individual beneficiaries. A table showing the state-wise funds disbursed and the beneficiaries assisted during the last three years and the current financial year i.e. 2014-15, 2015-16, 2016-17 & 2017-18 is enclosed as Annexure-I.

******