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| NSTFDC |
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During the year 1996, the Department of Industries, UT of Lakshadweep put forward a proposal to help Lakshadweep entrepreneurs for starting industries in Lakshadweep. For this purpose, the Department of Industries deposits funds with the Corporation for providing credit guarantee to the local entrepreneurs to facilitate easy funding of projects by financial institutions. With the approval of the Hon’ble Administrator, the Credit Guarantee Scheme was dovetailed with the NSTFDC. Lakshadweep Development Corporation Limited (LDCL) is the channeling agency of National Scheduled Tribes Finance and Development Corporation (NSTFDC).
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