NSFDC is a central public sector enterprise (CPSE) under the aegis of the Ministry of Social Justice and Empowerment. A meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi today, gave its approval for fund enhancement of NSFDC.
"The approval will enlarge the quantum of funds available for economic activities, better coverage and enhanced outreach to double the Below Poverty Line (BPL) Scheduled Caste beneficiaries. Enhancement of the share capital would expand its ambit of coverage and increase disbursement of funds to larger sections of the economically deprived scheduled caste population," an official statement said.

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