Question : ALLOCATION OF FUNDS TO NMDFC



(a) the funds allocated by the Government to the National Minorities Development and Finance Corporation (NMDFC) during 2005-06 and 2006-07;

(b) the details of utilization of the allocated funds by NMDFC during 2005-06, and

(c) the details of development activities for which these funds have been utilized?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF MINORITY AFFAIRS (SHRI A.R.ANTULAY)

(a) The details of funds allocated by Government to National Minorities Development &Finance Corporation during 2005-06 & 2006-07 are as follows.

Year	Amount Allocated	(inRs. Crores)
2005-06	Rs. 25.00
2006-07	Rs. 18.29

(b) A statement showing total funds disbursed State wise is enclosed at annexure.

(c) The funds were utilized for providing concessional credit under the schemes of term loan, educational loan, margin money & micro credit through state channelising agencies. Further micro credit was also provided through the non governmental organisations (NGOs).