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The National Minorities Development & Finance Corporation (NMDFC) The prime mandate of NMDFC is to provide concessional finance to the Minorities for self employment/ income generation activities. As per the National Commission  for Minorities Act, 1992, the notified Minorities are Muslims, Christians, Sikhs, Buddhists & Parsis. Subsequently, Jain  community was also added into the list of notified Minority Communities in January 2014. Under NMDFC programe, preference is given to Artisans & Women. At present, the families having annual income up to ₹ 81,000 in Rural areas and ₹ 1,03,000 in urban areas are eligible under the NMDFC schemes. As a special initiative of NMDFC, a new annual family income eligibility limit of up to ₹6.00 lacs has been introduced with effect from September, 2014 by adopting the “Creamy Layer” criterion currently followed amongst the OBC community by Government of India.  Credit Line – 2 The detail of the financing schemes of N...