National Minorities Development and Finance Corporation (NMDFC) was incorporated in September 1994 as a non profit company under Ministry of Social Justice and Empowerment, Government of India to provide concessional finance for self-employment activities to eligible beneficiaries belonging to the minority communities, having a family income below double the poverty line.
After the establishment of the Ministry of Minority Affairs, the administrative control of NMDFC directed into this ministry.
References
National Minorities Development and Finance Corporation Wikipedia(Text) CC BY-SA