Minority Communities Current Affairs - 2019

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Union inks Financing Agreement with World Bank to fund education of minorities

The Union Government has signed a Financing Agreement of 50 million dollars with the World Bank for Nai Manzil Scheme- Education and Skills Training for Minorities. Under this agreement, the credit will be facilitated by the International Development Association (IDA), World Bank’s concessionary lending arm. This credit will be in the form of loan which Read More…

Month:  Categories: Business, Economy & Banking

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Union Cabinet approves hike in share capital of NMDFC

The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to increase the Authorised Share Capital of the National Minorities Development and Finance Corporation (NMDFC). As per this decision, NMDFC’s Authorised Share Capital has doubled from Rs. 1500 crore to Rs. 3000 crore. Cabinet also gave its approval to revise the Read More…

Month:  Categories: Governance & Politics

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