Govt lists measures taken for socio-economic & educational empowerment of minorities
By TIOL News Service
NEW DELHI, MAR 11, 2025: THE Government implements various schemes for the welfare and upliftment of every strata, including minorities, specially the economically weaker and lesser privileged sections of the society. Ministry of Minority Affairs specifically implements various schemes across the country for socio-economic and educational empowerment of the six (6) centrally notified minority. The schemes / programmes for economic empowerment of minority citizens are as under;
i. Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS).
Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme is a flagship of the Ministry of Minority Affairs which converges five erstwhile schemes of the Ministry namely 'Seekho Aur Kamao', 'Nai Manzil', 'USTTAD', 'Nai Roshni', and Hamari Dharohar for the six notified minority communities. PM VIKAS scheme comprises of the following components:
a. Skilling and Training component
b. Women Leadership and Entrepreneurship component
c. Education support component (for school dropouts)
Further, the scheme targets to promote credit and market linkages for the beneficiaries
ii. National Minorities Development And Finance Corporation (NMDFC):
The National Minorities Development & Finance Corporation (NMDFC), implements various schemes, namely Term Loan, Micro Finance, Education Loan, and Virasat Scheme, to empower beneficiaries from minority communities by providing concessional loans for self-employment and income generation ventures, with a particular preference given to women and occupational groups. The implementation of these schemes is carried out through State Channelizing Agencies (SCAs) nominated by the respective State Governments/UT Administrations, as well as through Punjab Gramin Bank and Canara Bank. The detailed information regarding the NMDFC schemes is enclosed as 'Annexure-A'.
Since its incorporation in 1994-95, NMDFC has extended concessional credit amounting to Rs. 9485.04 crores up to 28.02.2025, benefiting 25.49 lakh beneficiaries from minority communities. It is noteworthy that approximately 89.68% women beneficiaries including Muslim women have been financed under the NMDFC schemes, making a substantial positive impact on their livelihoods.
This information was given by the Union Minister of Minority & Parliamentary Affairs, Kiren Rijiju in a written reply in the Rajya Sabha today