News & Events

  Aug 24,2011
  Annual Budget for BCW   Department

  July 05,2011
  National Conference of Managing   Directors

  June 14,2011
  New Head of the Department

  May 21,2011
  Change of Guard in the BCW   Department   

  Oct 4,2010
  Steady Progress in Micro Finance   Scheme

  Sep 30,2010
  Md. Abdul Gani, General Manager   of the Corporation has been   appointed as the Chief Executive   Officer, West Bengal Waqf Board.

Bangiya Christiyo Parisheba   (BCP),  Facilitating Micro Finance,
  Emphasis on Recovery of loan

  July 15,2010
  Website has been launched by   Shri Jogesh Ch. Barman, Hon'ble   MIC, BCW Dept.

  June 26,2010
  Micro Finance Scheme at   Kamarhati Municipality

  March 25,2010
  Massive gathering of SHG   members at Ranibandh Block   campus in Bankura . district

  March 03,2010
  55 SHGs from Shimlapal Block in   BanKura district submitted   documents for assistance under   Micro Finance scheme

         About Us

The West Bengal Backward Classes Development and Finance Corporation (WBBCDFC), a statutory body of the Government of West Bengal under the administrative control of Backward Classes Welfare Department, renders financial assistance in the form of Schematic loans to persons belonging to the notified Other Backward Classes and living below double the poverty line. It acts as a State Channelizing Agency of the National Backward Classes Finance and Development Corporation (NBCFDC).
As per the General Loan Agreement executed with NBCFDC, the State Government provides Block Guarantee and Share Capital to this Corporation for drawal of funds from the the apex Corporation. The State Government has provided guarantee of 26.71 crore and released Share Capital of Rs. 8.69 Crore to this Corporation till the end of 2006-07. Since opening its own office in March, 1999, this Corporation has started lending from August, 1999 and assisted 18,084 beneficiaries upto March, 2010 with total amount of Rs. 50.21 crore. This includes a special scheme (Swarnima) for women and Micro Finance Scheme for small borrowers.

 Schemes executed by the corporation may be classified under the following broad categories
1. Term Loan.
2. New Swarnima.
3. Micro Finance.
4. Mahila Sammriddhi Yojana.
5. Education Loan.

The main objectives of the Corporation are :
(i)       To promote economic and developmental activities for the benefit of Backward Classes.
(ii)      To assist, subject to such income and / or economic criteria as may be prescribed from time to time, individuals or groups of individuals belonging to Backward Classes by way of loans and advances for economically and financially viable schemes.
(iii)     To promote self-employment and other ventures for the benefit of Backward Classes.
(iv)     To extend loans to the Backward Classes for pursuing general / professional / technical education or training at graduate and higher level.
(v)      To assist in the up-gradation of technical and entrepreneural skill of Backward Classes for proper and efficient management of production units.

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