nhfdc.nic.in : Scheme For Financial Assistance For Skill & Entrepreneurial Development

Organization : National Handicapped Finance and Development Corporation (NHFDC)
Service Name : Scheme For Financial Assistance For Skill & Entrepreneurial Development

Website : http://www.nhfdc.nic.in/schemes
Scheme Details : https://www.statusin.in/uploads/20174-training.pdf

Financial Assistance For Skill & Entrepreneurial Development:

Objective :
The objective of the scheme is to provide training to the disabled persons to make them capable and self-dependent through proper technical training in the field of traditional and technical occupations and entrepreneurship.

Related: NHFDC Scheme For Disabled Young Professional : www.statusin.in/20171.html

Financial assistance in the form of grant is provided for conducting/sponsoring the training :
** Through the State Channelsing Agencies, where the training is sponsored by such Agency
** Through the Bank implementing NHFDC schemes, where the training is sponsored by such bank
** Though the training institute/ organisation, where the training is conducted by NHFDC by hiring the services of reputed national/state level institution directly.

Scope :
The scope of the scheme is limited to –
i) beneficiaries who have received loan from NHFDC through the SCA/Bank implementing NHFDC schemes and are successfully pursuing their income generating activity.
ii) beneficiaries who have been sanctioned loan and are awaiting to receive loan.
iii) potential beneficiaries who wish to avail loan from NHFDC and fulfill the eligibility criteria for availing loan.

Eligibility :
The beneficiaries should be in the age group of 15-50 years and fulfill the other eligibility criteria for availing loan from NHFDC.

Duration of Training :
Upto 12 (twelve) months.

Amount of Grant :
i) 100% of the total recurring cost of the training programme is provided by NHFDC.

ii) Stipend :
The recurring training cost shall include a stipend of Rs. 500/- per week per trainee i.e Rs 2000/- per month to the trainee to cover the cost of transportation and other incidental expenses. The training institute/SCA shall release the stipend in favour of the trainee through A/c payee cheque only.

Procedure for Obtaining Financial Assistance :
The training proposal is to be submitted to National Handicapped Finance and Development Corporation by the State Channelising Agency/Bank implementing NHFDC schemes; wherever, such agencies sponsor the training.

Reputed National/State level training organisations may also directly approach NHFDC with their training proposal. The training proposal is to be prepared in accordance with the guidelines for preparation of training proposal under the scheme.

About Us :
The National Handicapped Finance and Development Corporation (NHFDC) has been set up by the Ministry of Social Justice & Empowerment, Government of India on 24th January 1997.

The company is registered under Section 25 of the Companies Act, 1956 as a Company not for profit. It is wholly owned by Government of India and has an authorised share capital of Rs. 400 crores (Rupees Four Hundred Crore only). The company is managed by Board of Directors nominated by Government of India.

Contact Us :
National Handicapped Finance and Development Corporation (NHFDC)
Unit No. 11 & 12,Ground Floor, DLF Prime Tower,
Okhla Phase – I, Near Tehkhand Village,
New Delhi – 110020