NSFDC Achieves Major Success in Elevating Scheduled Caste Economies
The National Scheduled Castes Finance and Development Corporation (NSFDC) has significantly improved entrepreneurship and self-employment among Scheduled Caste persons through its concessional credit-based schemes, benefiting over 5,480 individuals across various states and union territories. An external study found that 81% of beneficiaries reported positive socio-economic advancements, with particular success in income enhancement and asset creation. The initiatives have also notably empowered women, leading to a significant increase in self-employment.
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