NSFDC and NSKFDC: Finance Corporations for SCs and Sanitation Workers
Last updated: 2026-11-13 · MockMentor
Two not-for-profit apex finance corporations of the Social Justice Ministry give concessional loans and training. The National Scheduled Castes Finance and Development Corporation (NSFDC) was set up on 8 February 1989, and the National Safai Karamcharis Finance and Development Corporation (NSKFDC) on 24 January 1997. Both are Section 8 companies.
In one line: cheap credit and training, channelled through State agencies and banks, for SC entrepreneurs and sanitation workers.
At a glance
| Item | Details |
|---|---|
| NSFDC | Set up 8 February 1989; for Scheduled Castes |
| NSFDC income limit | Raised from ₹3 lakh to ₹5 lakh from January 2026 |
| NSKFDC | Set up 24 January 1997; for sanitation workers, manual scavengers, waste pickers and dependants |
| NSKFDC income limit | None (priority below double the poverty line) |
| Legal form | Section 8 (not-for-profit) companies |
Other roles
- NSKFDC is the nodal agency for NAMASTE and runs training with a stipend, PPE kits and awareness camps on the Manual Scavengers Act, 2013.
- Both are implementing agencies for PM-DAKSH.
Possible exam questions
- How can development finance institutions promote entrepreneurship among marginalised groups?
- Discuss the rehabilitation of manual scavengers.
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