Government of India
Corporate Profile
National Backward Classes Finance & Development Corporation (NBCFDC) is a Govt. of India Undertaking under the aegis of Ministry of Social Justice and Empowerment. The Corporation was incorporated under Section 25 of the Companies Act 1956 on 13th January 1992.
The objective of the Corporation is to promote economic and developmental activities for the benefit of Backward Classes and to assist the poorer section of these classes in skill development and self-employment ventures.
NBCFDC provides financial assistance through State Channelizing Agencies (SCAs) nominated by the State Governments/UTs and Banks (PSBs & RRBs).
Vision and Mission
Vision
The Corporation has been established to play a leading role in upliftment of the economic condition of the target group of backward classes.
Mission
To provide concessional financial assistance to the eligible members of the Backward Classes for Self employment ventures and Skill Development Training.
Objective
- To Promote economic & development activities for the benefit of Backward Classes.
- To assist, subject to such income and/or economic criteria as may be prescribed by the government from time to time, individuals or groups of individuals belonging to Backward Classes by way of loans and advances for economically and financially viable schemes and projects.
- To extend loans to the Backward Classes for pursuing general/professional/vocational/technical education or training at graduate and higher level.
- To provide for gainful employment and skill development to the target group and to assist in the upgradation of technical and entrepreneurial skills of Backward Classes for proper and efficient management of production units.
Organization-Chart
BoD Sub Committee
| Name & Designation | Category |
|---|---|
| Ms. Debolina Thakur, Chairman | Official Director |
| Sh. Rajan Sehgal, Managing Director | Managing Director |
| Sh. S S Vaseeharan, Member | Ex-Officio Director |
The Term of Reference (ToR) of the Audit Committee shall be in line with Section 177 of the Companies Act, 2013 read with Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 and DPE guidelines, issued from time to time, including any statutory modification(s) or re-enactment thereof, for the time being in force.
| Composition | Category |
|---|---|
| Sh. Amit Kumar Ghosh, Chairman | Official Director |
| Ms. Debolina Thakur, Member | Official Director |
| Sh. Rajan Sehgal, Member | Managing Director |
| Sh. S S Vaseeharan, Member | Ex-Officio Director |
The Terms of Reference (ToR) of the Committee shall be as per Section 135 read with Schedule VII of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014,
| Composition | Category |
|---|---|
| Ms. Debolina Thakur, Chairman | Official Director |
| Sh. Rajan Sehgal, Member | Managing Director |
| Sh. S S Vaseeharan, Member | Ex-Officio Director |
The Terms of Reference (ToR) of the Committee shall be as per Companies Act 2013 and DPE guidelines issued from time to time, including any statutory modification(s) or re- enactment thereof, for the time being in force.
| Composition | Category |
|---|---|
| Sh. Amit Kumar Ghosh, Chairman | Official Director |
| Ms. Debolina Thakur, Member | Official Director |
| Sh. Rajan Sehgal, Member | Managing Director |
The Terms of Reference (ToR) of the Committee shall be as per Companies Act 2013.