National Scheduled Tribes Finance and Development Corporation (NSTFDC) provides finance assistance for income generating activities at concessional rate of interest for economic development of STs.
Objectives:
- To identify economic activities of importance to the Scheduled Tribes so as to generate self employment and raise their level of income.
- To Upgrade skills and processes used by the Scheduled Tribes by providing both institutional and on the job training.
- To make the existing States/U.T Scheduled Tribes Finance and Development Corporations(SCAs) and other developmental agencies engaged in the economic development of Scheduled Tribes more effective.
- To provide financial support for meeting the working capital requirement of the Central / State government owned agencies for undertaking procurement and marketing of minor forest produces agricultural produces and other products grown/made or collected by the Scheduled Tribes.
- To innovate experiment and promote rather than replicate the work of the existing institutions.