13.1
The schemes of NMDFC do not include any subsidy component.
NMDFC is, however, extending financial assistance in
the form of grant for meeting expenditure on implementation
of following activities: |
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| 1. |
Promotion and Stabilisation of SHGs |
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NMDFC assists selected NGOs for promotion and stabilisation
of Self Help Groups of members of minority communities
living below double the poverty line so that the micro
credit is extended to the members through the SHGs thus
formed. This assistance is provided under the scheme
of Interest Free Loan. After the job is satisfactorily
done by the NGO as per the sanction, loan is considered
as repaid as per the norms given in the scheme. At present,
the scheme envisages financial assistance to the extent
of Rs.4300 per SHG of 20 members to be formed. The NGOs
eligible under the Scheme of Micro Financing and having
good potential for chanelising micro credit to the minorities
in their jurisdiction but having no minority SHGs and
also having constraints of resources for formation of
SHGs are considered for this assistance.
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| 2 |
Vocational Training Programme |
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SCAs of NMDFC are
encouraged to organise vocational training programmes
for skill upgradation of the members of minority communities.
NMDFC meets 85% of the approved expenditure of the SCA
on organisation of vocational training as grant under
the Scheme of Vocational Training. |
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| 3 |
Marketing Exhibitions |
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SCAs of NMDFC as
well as NGOs are encouraged to organise marketing exhibitions
at various locations in the country for sale of products
of the artisans of the target group. NMDFC meets 85%
of the prior approved expenditure of SCAs/NGOs on organisation
of marketing exhibition under the Scheme of Marketing
Assistance. |
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| 4 |
Mahila Samridhi Yojana |
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The Scheme of Mahila
Samridhi Yojana envisages training to group of women
in women friendly production oriented trades which is
linked with micro-credit after the training. NMDFC encourages
SCAs as well as NGOs for implementation of the schemes.
SCAs are assisted in meeting their 85% of the expenditure
on training while NGOs are assisted in meeting 100%
expenditure on training under the Scheme of Mahila Samridhi
Yojana. |
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| 5 |
Computerisation of SCAs |
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SCAs
of NMDFC are assisted by way of reimbursement of their
expenditure to the extent of Rs.5.00 lacs each on computerisation,
networking and online connectivity with NMDFC under
the Scheme of EDP Grant. |
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| 6 |
1% Additional Interest Margin |
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Expenditure of SCAs
of NMDFC on publicity and advertisement, infrastructure
building, surveys, trainings and recovery management
is reimbursed to the extent of their entitlement under
the Scheme of 1% Additional Interest Margin. |
