Chhattisgarh State Intermediate Co-operative Finance and Development Corporation

Chhattisgarh State Antyavasayi Cooperative Finance and Development Corporation, Raipur has been formed under Madhya Pradesh Cooperative Society (Reorganization and Construction) Ordinance No. 2000 (Madhya Pradesh Ordinance No. 04 of 2000). This corporation is discharging the responsibility of economic development of Scheduled Castes as well as Scheduled Tribes and Backward Classes, Minorities and handicapped people of all classes.For training the unemployed youth of the state, all the units of the Entrepreneur Development Institute and training co-production centers have been merged into this corporation by the state government. The capital of this corporation is 51 percent state share capital and 49 percent central share capital share.Chhattisgarh by Corporation. Under the prescribed procedure, financial loan assistance is given for the economic upliftment of the beneficiaries falling within the prescribed criteria of the state, namely, Scheduled Caste, Scheduled Tribe, Backward Class, Disabled Class, Minority and Safai Workers class respectively.