HPMFD
What this is
Social, educational and economic upliftment of the minority class people living below the poverty line of the state.
In detail
The H.P. Minorities Finance & Development Corporation (HPMFDC) was registered under Section 25 of the Companies Act, 1956 (not for profit) on 23-09-1996 and was declared State Channeling Agency (SCA) for National Minorities Finance & Development Corporation, New Delhi (NMFDC) with the objective to give social, economic and educational upliftment to the people of Minorities below double the poverty line in H.P. by providing financial assistance/loans to them for setting up of self employment ventures of income generating activities and education loan for acquiring professional/technical education and job oriented degrees in India and abroad as well, as per NMDFC guidelines and schemes. Similarly, the Corporation was also declared State Channeling Agency (SCA) for National Handicapped Finance & Development Corporation, Faridabad (NHFDC) on 20-01-1999 for providing them financial assistance/ loan for setting up of self employment ventures of income generating activities and education loan for acquiring professional/technical education and job oriented degrees in India and abroad as well.
Who qualifies
Individuals belonging to minority communities (Sikhs, Muslims, Christians, Buddhists, Jains and Parsis) in the age group of 18 years to 55 years whose annual income is Rs.98,000/- (rural areas) and Rs.1,20,000/- (urban areas) be less than.
not about the scheme.
Provenance
| schemeName | Schemes Of HP Minorities Finance & Development Corporation | myScheme · 2026-09-02 |
| schemeOpenDate | 1996-09-23 | myScheme · 2026-09-02 |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | ... | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |