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NMDFC Presentation

The National Minorities Development & Finance Corporation (NMDFC) was established in 1994 to promote economic empowerment of minority communities in India through concessional credit, skill development programs, and marketing assistance. NMDFC provides loans to individuals and self-help groups for income generation and education through state channelizing agencies and NGOs. It has disbursed over Rs. 2900 crores to over 10 million beneficiaries and established the Maulana Azad National Academy for Skills to conduct skill training programs.

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312 views12 pages

NMDFC Presentation

The National Minorities Development & Finance Corporation (NMDFC) was established in 1994 to promote economic empowerment of minority communities in India through concessional credit, skill development programs, and marketing assistance. NMDFC provides loans to individuals and self-help groups for income generation and education through state channelizing agencies and NGOs. It has disbursed over Rs. 2900 crores to over 10 million beneficiaries and established the Maulana Azad National Academy for Skills to conduct skill training programs.

Uploaded by

bhawakshi
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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National Minorities Development & Finance

Corporation

Introduction
NMDFC was set-up on 30th September 1994 under
Section 25 of the Companies Act.
Functioning under Ministry of Minority Affairs
(since 2006) earlier under the Ministry of Social
Justice & Empowerment.
Registered office
Ist Floor., CORE-I, SCOPE Minar, Laxmi Nagar, Delhi.

Mandate of NMDFC
To promote economic empowerment of backward
sections of Minorities, by extending concessional
credit, for income generation activities .
Undertake Developmental Activities such as Skill
Development for wage/self employment &
Marketing Assistance.
Target group comprises of notified Minorities viz.,
Muslims, Christians, Sikhs, Buddhists, Parsis &
Jains with Annual Family Income of Rs.81,000 for
Rural Areas & Rs.1.03 lacs for Urban areas.
Recently, Annual Family Income Increased to
Rs.6.00 lacs (creamy layer) for loans at higher
interest rate.
3

Equity Contribution Status


Authorized Share Capital
Paid-Up Share Capital

Rs.1500.00 Crs.
Rs.1209.93 Crs. (80.66%)
As on 02.03.15

G.O.I.

Auth.
Rs.975.00

Crs.

(65.00%)

States/UTs

Rs.390.00

Crs.

(26.00%)

Ind./Orgns.

Rs.135.00
(9%)

Paid-Up
Rs. 975.00 Crs.

Balance(O/S)
Rs. 0.00 Crs.

(65.00%)

(0%)

Rs. 234.92 Crs.

Rs. 155.08

(15.66%).
Crs.

Rs.

0.01 Crs.
(0.01%)

Crs.

(10.37%)

Rs. 134.99

Crs.

(8.99%)

Total
Rs.1500 Crs.
Rs. 1209.93 Crs.
Rs. 290.07 Crs.
increase in authorized share capital to Rs. 3,000.00 Crs. Approval of ROC is required
4

Equity Contribution Status


History of Capital Structure of NMDFC
Period

GOI

States/UTs

Others

Total

1992-93 to 1996-97

25%

26%

49%

100%

1997-98 to 2001-02

60%

26%

14%

100%

2002-03 to till date

65%

26%

9%

100%

Present Business Model


Credit Line-I
(Existing)

Term
Loan

Income
level of
Rs. 1,03,000/- for Rs.
Urban areas & Rs. Lakh
81,000/- for Rural
areas

Micro Credit

Individuall
20.00 y

Rs.
Lakh

Rate of Interest
for beneficiary
Margin for SCA:Directly
to
benef /SHG
Financing through
NGO
Margin for NGO
Margin
for
NMDFC

Education Loan

SHG
Domestic
(up
to
20 course
Members in
each group)

1.0 Rs.20.00
Lakh

Rs.
Lakh

Foreign
Course

15.00 Rs.
20.00Lakh

6%

7%

7%

3%

3%

3%
NA

6%
1%

6%
1%

2%
NA

2%
NA

NA
3%

5%
1%

5%
1%

NA
1%

NA
1%

Present Business Model


Credit Line II Term Loan
(New)

Micro Credit

Education Loan

Income level of
Individual SHG (upto Domestic
Rs. 6.00 lacs p.a Rs.
30.00 ly
20
course
Lakh
Members in
each group)
Rs.
Lakh

Rate of Interest for


Male beneficiary
Female
beneficiary
Margin for SCA:Directly
to
benef/SHG
Financing through
NGO
Margin for NGO
Margin
for
NMDFC
For
Male

1.50 Rs.
lakh

30.00 Rs.
Lakh

Foreign
Course

20.00 Rs.
Lakh

30.00

8%
6%

10%
8%

10%
8%

8%
5%

8%
5%

3%
NA

6%
1%

6%
1%

2%
NA

2%
NA

NA

5%

5%

NA

NA
7

5%
3%

4%
2%

4%
2%

6%
3%

6%
3%

Present Business Model


Loaning to through State Channelising Agencies
(SCAs) Nominated by respective State Govts and
NGOs.
37 SCAs in 24 States/3 UTs & 212 Associated NGOs.
Individual beneficiaries/SHGs are assisted under
Term Loan/Micro Finance schemes for Income
Generating Activities while Educational Loan is for
pursuing professional and technical courses.
Developmental Schemes viz., Skill Development &
Marketing Assistance.
8

Present Business Model


The Maulana Azad National Academy for Skills (MANAS) has been
established by NMDFC.
It is a Special Purpose Vehicle (SPV) set-up as a govt. non-profit
society on11thNovember 2014 by Honble Ministerof Ministry of
Minority Affairs of Govt. of India, for meeting all up-gradation/skill
development needs of Minority Communities.
MANAS provides an all India level training framework, based upon
tie-ups with Local / National / International training organizations
(on PPP mode), for imparting training to the Minority population in
skill sets that are in line with emerging market demands.
The training programme is aimed providing meaningful &
sustainable livelihood options in terms of self-employment/ wage
employment opportunities with primary focus on self-employment.
9

Present Business Model


MANAS will be instrumental in providing concessional credit for
Minority Communities after meeting their Skilling Needs by
providing them training in market determined skill sets/trades, with
specific entrepreneurship development programme, for expanding
their existing businesses venture and setting up new business
ventures through NMDFC.
MANAS is a multi-dimensional organization, which includesa special
vertical for meeting the diverse and specific skill training
requirements of the minority communitieslike identifying,
preserving and promoting their traditional arts, crafts and
vocations, which are getting phased out due to globalization and
rapid technological changes. For this purpose, MANAS is in the
process of establishingResearch Chairs for process and product
documentationbefore
launching
minority
specific
skill
development programmes.
10

Performance of NMDFC
Cumulative Disbursement is Rs.2943.13.63 crores to over 10.69 lac
beneficiaries against paid up capital of Rs.1208.93 crores.
Disbursement under Term Loan is Rs.1966.28 crores, Education
Loan is Rs.122.82 crores & Micro-Finance scheme is Rs.854.03
crores.
Loan outstanding is Rs. 1300 crores.
Repayment percentage under Term Loan is 86% & 98% under MicroFinance scheme.
Accumulated Surplus used for credit disbursements Rs.292.50
Crores.
Cumulative Administrative Expenditure Rs. 52.00 Crs, Promotional
Exp. (Skill Dev/Marketing Scheme)- Rs. 29.00 Crs & Capital Exp
Rs.9.90 Crs.
Trend of disbursement under Term Loan/Micro-Finance scheme is
60% : 40%.
11

THANK YOU

12

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