Government unveils groundbreaking initiative to support Divyang borrowers
Author: BI Bureau
New Delhi: In a significant move towards fostering economic empowerment and financial inclusion for persons with disabilities, Rajesh Aggarwal, Secretary of the Department of Empowerment of Persons with Disabilities under the Ministry of Social Justice and Empowerment, Government of India, unveiled a groundbreaking initiative on Friday.
The initiative, designed to support divyang borrowers, introduces a 1% interest rate rebate under the National Handicapped Finance and Development Corporation (NDFDC) loan for timely repayments, subject to specific terms and conditions. This strategic step aims to alleviate the financial burden on divyang individuals seeking financial assistance while promoting responsible repayment practices.
Highlighting the government's commitment to inclusivity, Aggarwal personally presented cheques to eight divyang loan beneficiaries during the unveiling ceremony. This symbolic gesture not only signifies the government's dedication to promoting financial opportunities for all citizens but also emphasizes its commitment to equal access, irrespective of abilities.
The Diwali announcement of the interest rate rebate under NDFDC serves as a thoughtful gift to divyang borrowers, underlining the government's broader mission to uplift and empower every section of society. The National Handicapped Finance and Development Corporation, a part of the Department of Empowerment of Persons with Disabilities, stands resolute in its commitment to facilitating the financial well-being of individuals with disabilities and contributing to a more equitable society.
This initiative is a significant stride towards creating a more inclusive financial ecosystem, acknowledging the diverse needs of individuals with disabilities and ensuring they have the necessary support to lead economically empowered lives. As the government continues to champion inclusivity and equal opportunities, such targeted initiatives play a pivotal role in building a society where every citizen can thrive, irrespective of their abilities. /BI/
