India, Sept. 24 -- The Government of India has issued a release:
The National Backward Classes Finance and Development Corporation (NBCFDC), a Government of India undertaking under the Ministry of Social Justice and Empowerment, provides concessional financial assistance to eligible members of Backward Classes through State Channelizing Agencies and banks.
A Senior Official in the Corporation informed that members of notified Other Backward Classes with an annual family income of up to Rs.5 lakh may seek assistance for activities with the potential to generate sustainable income, subject to the applicable eligibility requirements and the channel partner's processes.
He said under the Individual Loan Scheme, assistance can cover up to 85%...