National Minorities Development and Finance Corporation (NMDFC) implements
a promotional scheme of Vocational Training for persons belonging to minority
communities living below double the poverty line, for upgradation of their technical
and entrepreneurial skills.
Under this scheme, the candidates belonging to the minority communities
are imparted training in various vocational trades. This scheme is implemented by
the NMDFC
through its State Channelising Agencies (SCAs) and the training is imparted
through Government
owned/recognized institutes. As per the scheme, a training cost of upto an
amount of
Rs. 1,000 per candidate per month is provided by NMDFC for training programmes
of durations
not exceeding six months. NMDFC extends a grant of 85% of the training cost
and also provides
a stipend of Rs. 500 per month per candidate, undergoing the said training.
The Details of activities undertaken by NMDFC for economic development of
minorities during the last three years and the current year are given below:-
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