Ministry of Social Justice & Empowerment
From Skill to Self-Reliance
PrelimsMainsGS2GS3GovernanceEconomySocial JusticeGovernment Schemes
Source-grounded summary
The release highlights the entrepreneurial journey of Smt. Shalaka Darshan Nagotkar from Thane, Maharashtra, who established a home-based beauty parlour using financial assistance under the NSFDC Term Loan Scheme. After learning about National Scheduled Castes Finance and Development Corporation (NSFDC) schemes through the internet and approaching the Leather Industries Development Corporation of Maharashtra Limited (LIDCOM), she received a loan of Rs. 3,75,000 disbursed on 30 October 2024. This timely credit support enabled her to purchase necessary equipment and materials, helping her overcome financial barriers to commercial real estate costs and attain economic independence with a stable monthly income.