The National Minorities Development and Finance Corporation (NMDFC) and the Dalit Indian Chamber of Commerce and Industry (DICCI) signed a memorandum of understanding on Saturday to promote entrepreneurship among marginalized communities.

• This partnership is expected to add a new dimension in the socio-economic empowerment of minorities and marginalized communities by combining the expertise and resources of NMDFC and DICCI, an official statement said.
• The NMDFC has mandate to provide concessional finance for self-employment and income-generation activities.
• It has transformed the lives of over 24 lakh families belonging to minority communities since inception in 1994 with credit support exceeding Rs 9,000 crore, the statement said.