About National Backward Classes Finance & Development Mission (NBCFDM)

The National Backward Classes Finance & Development Mission (NBCFDM) is a government initiative aimed at empowering and uplifting the socio-economic status of individuals and families belonging to the backward classes in India. The mission is primarily focused on enhancing the financial inclusion, education, skill development, and entrepreneurship opportunities for backward classes, which include castes and communities identified as socially and economically disadvantaged by the government. It operates under the Ministry of Social Justice and Empowerment, Government of India, and provides financial assistance and various developmental schemes for their holistic growth.

Mission

The mission of NBCFDM is to promote the socio-economic development of backward classes by providing them with financial support, skill development programs, educational assistance, and opportunities for entrepreneurship. By doing so, it seeks to improve their standard of living, enhance employability, and create sustainable income sources, ultimately leading to the inclusion of these communities in the broader socio-economic framework of the country. The mission strives to reduce the socio-economic gap between the backward classes and the rest of the society, fostering equality, opportunities, and upward mobility.

Vision

NBCFDM envisions a society where individuals from backward classes have equal access to quality education, employment, and entrepreneurial opportunities. The vision is to create an enabling environment for the empowerment of marginalized communities, where every individual, irrespective of caste or background, can rise to their full potential. It aims to foster inclusive growth and social justice by bridging the gap in access to resources, opportunities, and socio-economic development, thereby ensuring the overall well-being of backward classes across the nation.

Our Objectives

Economic Empowerment

To provide financial support and facilitate the economic empowerment of individuals from backward classes through schemes such as educational loans, skill development training, and entrepreneurship programs. This assistance enables them to build sustainable livelihoods and reduce dependence on traditional or informal sources of income.

Promotion of Entrepreneurship

NBCFDM encourages self-employment and entrepreneurship by offering financial assistance through schemes like the Udyam Nidhi Yojana (UNY). These initiatives help individuals from backward classes establish small and medium-sized enterprises, contributing to job creation and economic growth.

Educational Support

To promote education, NBCFDM provides financial assistance in the form of educational loans for students from backward classes, allowing them to pursue higher education and vocational training. The aim is to reduce barriers to education and ensure that financial constraints do not hinder the pursuit of academic or professional goals.

Skill Development

NBCFDM focuses on enhancing employability by providing skill development training programs to individuals from backward communities. These programs equip them with the necessary skills for various industries, increasing their chances of securing stable jobs or starting their own businesses.

Social Inclusion and Justice

The overarching objective of NBCFDM is to facilitate the social inclusion of backward classes and promote equality. By providing financial assistance, educational support, and skill-building opportunities, NBCFDM aims to level the playing field for these communities and ensure they have equal opportunities to thrive in society.

Overall, the National Backward Classes Finance & Development Mission plays a critical role in uplifting backward communities, fostering equality, and contributing to the nation’s overall growth and development.