31 May 2012

Assistance by National Minorities Development and Finance Corporation to the North-Eastern States

The National Minorities Development and Finance Corporation (NMDFC) extends financial assistance to the persons belonging to minorities across the country including North Eastern States and Sikkim through its State Channelising Agencies (SCAs). At present, the SCAs of the States of Assam, Mizoram, Nagaland and Tripura are functional. The SCA of Sikkim has never approached NMDFC for implementation of NMDFC schemes. The details of the funds disbursed to the 4 States whose SCAs are functional during last 3 Financial Years is as follows:
                                                                                                                                    (Rs. in Lakh)
Sl. No.             State                             2009-10           2010-11           2011-12           Total
1.                     Assam                          12.42               200.00             124.00             336.42
2.                     Mizoram                      309.81             129.00             0.00                 438.81
3.                     Nagaland                     1,170.00          451.00             700.00             2,321.00
4.                     Tripura                         96.00               100.00             200.00             396.00
                        Total                            1,588.23          880.00             1,024.00          3,492.23

            The scheme guidelines are uniform for all the States/Union Territories. However, 10% of the total allocations of NMDFC are earmarked for North Eastern States and NMDFC allows funds utilization up to 50% for the projects relating to transport sector in hilly regions as compared to only 20% in the plains due to problems of logistics.

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