By IANS
New Delhi : The Union cabinet Thursday approved increasing the share capital of the National Minorities Development and Finance Corp (NMDFC) from Rs.6.5 billion to Rs.7.5 billion for economic development of backward sections amongst minorities.
The change in shareholding pattern of the NMDFC would enable it to reach out to more people from backward sections that are below the poverty line, Finance Minister P. Chidambaram told reporters here.
SUPPORT TWOCIRCLES
HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE