The National Handicapped Finance and Development Corporation (NHFDC) is a government-owned enterprise in India that plays a crucial role in empowering individuals with disabilities. Established in 1997 under the Ministry of Social Justice and Empowerment, NHFDC is dedicated to promoting economic and social inclusion for persons with disabilities by providing financial assistance and developmental support. The corporation's primary objective is to ensure that people with disabilities have access to resources that enable them to achieve self-reliance and lead dignified lives.
NHFDC offers a wide range of financial products, including concessional loans, for income-generating activities, education, skill development, and entrepreneurship. These loans are provided at lower interest rates compared to standard financial institutions, making them more accessible to individuals with disabilities. The corporation also facilitates vocational training and skill development programs, which are essential for enhancing employability and fostering entrepreneurship among the disabled community. By collaborating with various government agencies, non-governmental organizations, and financial institutions, NHFDC ensures that its services reach even the most marginalized sections of society.
In addition to financial assistance, NHFDC actively works on promoting awareness and advocacy for the rights and needs of persons with disabilities. The corporation engages in various initiatives to create a more inclusive society, where people with disabilities can participate fully in all aspects of life, including education, employment, and social activities. NHFDC also supports research and development efforts aimed at improving the quality of life for individuals with disabilities, such as the development of assistive technologies and accessible infrastructure.
Through its comprehensive programs and initiatives, NHFDC has made a significant impact on the lives of many individuals with disabilities across India. By providing financial support, skill development, and fostering an inclusive environment, the corporation continues to play a pivotal role in enabling persons with disabilities to overcome barriers, achieve their potential, and contribute to society as empowered and self-reliant citizens.