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Share capital of Minorities Devl Corp doubled to Rs 3,000 cr

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Press Trust of India New Delhi
Last Updated : Feb 10 2015 | 7:45 PM IST
A proposal to double the share capital of National Minorities Development and Finance Corporation (NMDFC) to Rs 3,000 crore got the government's nod today.
The proposal to double the share capital of NMDFC from Rs 1,500 crore was approved by the Union Cabinet, sources said.
The NMDFC was established by the government with the objective of providing economic assistance to the poorer sections of notified Minority Communities in the country.

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First Published: Feb 10 2015 | 7:45 PM IST

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