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Chapter - 2 (Manual
- 1)
Particulars of Organization, Functions
and Duties
2.1 Objective/purpose of the public authority.
To promote economic and developmental activities for the benefit
of the backward sections amongst the Minorities, preference
being given to the occupational groups and women:
2.2 Mission/Vision Statement of the public authority.
Upliftment of targeted minotiries.
2.3 Brief history of the public authority and context of
its formation.
NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION (NMDFC)
was promoted as a Government Company [under the Ministry of
Social Justice & Empowerment, government of India] and
incorporated as a Company not for profit in terms of Section
25 of the Companies Act, 1956 on September 30, 1994. As on
date Government of India and State Governments hold the entire
equity share capital of the Company.
2.4 Duties of the public authority.
It is the duty of NMDFC to carry out the objectives mentioned
in clause III.A of Memorandum of Association. Apart from this,
in the functioning of the Company, it is also the duty of
the Company to adhere to regulations contained in Memorandum
& Articles of Association of the Company, and various
norms, policies, guidelines issued by various Statutory Authorities,
Department of Public Enterprises, Ministry of Social Justice
& Empowerment, Government of India, Foreign Contribution
Unit of Ministry of Home Affairs, Government of India.
2.5 Main activities/functions of the public authority.
2.6 List of services being provided by the public authority
with a brief write-up on them.
| (i) |
To assist, subject to such
income and/or economic criteria as may be prescribed by
the Government from time to time, the Minorities individuals
or groups of Minorities individuals by way of loans and
advances for economically and financially viable schemes
and projects; under micro financing scheme, group of individuals
belonging to the minorities will include such groups in
which predominantly (75% and above) members belongs to
minority community. In very exceptional cases this may
include those group also where upto 60% members belong
to minority community provided other members belong to
Weaker sections including Scheduled castes/scheduled tribes,
other backward classes and disabled. (as per the EGM held
on 1.11.1999 and CG approval vide letter 3/17/T-1/2000/D/8278
dated 9.2.2000). |
| (ii) |
To promote self-employment
and other ventures for the benefit of minorities. |
| (iii) |
To grant loans and advances
at such rates of interest as may be determined from time
to time in accordance with the guidelines or schemes prescribed
by the Central Government or by the Reserve Bank of India; |
| (iv) |
To extend loans and advances
to the eligible members belonging to the minorities for
pursuing general/professional/technical education or training
at graduate and higher level; |
| (v) |
To assist in the upgradation
of technical and entrepreneurial skills of minorities
for proper and efficient management of production units. |
| (vi) |
To assist the state level
organisations dealing with the development of the minorities
by way of providing financial assistance or equity contribution
and in obtaining commercial funding or by way of refinancing; |
| (vii) |
To work as an apex institution
for coordinating and monitoring the work of all corporations/boards/other
bodies set up by the state government/Union Territory
Administrations for, or given the responsibility of assisting
the minorities for their economic development; and |
| (viii) |
To help in furthering the
Government policies and programmes for the development
of minorities |
2.7 Organizational Structure Diagram at various levels
namely State, Directorate, Region, District, Block etc. (whichever
is applicable).
Not Applicable
2.8 Expectation of the public authority from the public
for enhancing its effectiveness and efficiency.
Under the various Schemes of lending / promotional schemes
, the public namely the beneficiaries should follow all the
procedures for availing the same
2.9 Arrangements and methods made for seeking public participation/contribution.
Exhibitions and Fairs, Conferences, Seminars and Workshops
being held at various places at India.
2.10 Mechanism available for monitoring the services delivery
and public grievance resolution.
| (i) |
Monitoring of SCAs - periodic
verification of utilization certificates, progress reports
received, detailed list of beneficiaries received. |
| (ii) |
Monitoring of NGOs, pre and
post sanction study physically by officers & monitors
appointed for this purpose. |
2.11 Addresses of the main office and other
offices at different levels. (Please categorise the addresses
district wise for facilitating the understanding by the user).
A. Particulars of Registered Office
Address of Registered office :
1, Taimoor Nagar, Opp. D/996, New Friends Colony,
New Delhi - 65
Telephone No. : 26326051/52/53/54/55/56/57/58, 26325652/53
Fax No. : 26325651
Web site : www.nmdfc.org
2.12 Morning hours of the office : 9.30 am
Closing hours of the office : 6.00 pm
(Monday to Friday)
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