North Eastern Development Finance Corporation Ltd.

 

 

North Eastern Development Finance Corporation Ltd. (NEDFi)
NEDFI House, G.S. Road,

Dispur, Guwahati-781 006.

Ph. No : 0361- 6115555

Fax: 0361-2229933 / 6115556 / 6115566

Website: http://www.nedfi.com

E-mail: mail@nedfi.com

 

 

North Eastern Development Finance Corporation Ltd. (NEDFi) aims to be a dynamic and responsive organisation to catalyse the economic development of the North East. It will assist in the efficient formation of fixed assets by identifying, financing and nurturing eco-friendly and commercially viable industrial and infrastructure projects in the region. Thus NEDFi’s prime role is to enhance the region’s wealth and prosperity of the people. In short, it is the Development Bank of the North East for the North East.

 

NEDFi was originally conceived in the budget speech of 1995-96, by then Finance Minister and was promoted by the country’s premier public sector financial institutions and Bank and incorporated in August, 1995 with its headquarters at Guwahati. The Corporation has an authorised capital of Rs.500 crore and initial paid up capital of Rs.100 crore. Further resources will be raised as and when needed. NEDFi started functioning since March 1996. NEDFi is a public financial institution under section 4-A of the Companies Act, 1956.

 

NEDFi's assistance details is as under.

 

Total Sanctions, Disbursements and Number of Projects Sanctioned (As on March 31, 2011):

 

State-wise Amount Sanctioned (Rs. in lakh)

State

96-97

97-98

98-99

99-00

00-01

01-02

02-03

03-04

04-05

05-06

06-07

07-08

08-09

09-10

10-11

Grand

Total

Arunachal Pradesh

0

518

235

38

418

291

136

942

762

1593

780

1230

1254

4750 3776 16723

Assam

682

1164

2198

1725

3945

3166

3401

2639

4084

7053

8545

16588

21351

22370 33135 132046

Manipur

0

66

49

263

350

80

59

76

65

50

109

520

540

308 273 2807

Meghalaya

0

-

173

772

2659

2582

2114

4607

3458

2874

3122

8510

1994

2143 2874 37882

Mizoram

0

25

51

208

156

45

114

152

40

102

362

350

88

68 284 2045

Nagaland

0

110

34

234

490

124

80

102

63

167

258

195

432

943 345 3577

Sikkim

0

-

-

-

-

-

-

97

358

75

389

159

713

191 580 2562

Tripura

0

40

58

255

306

16

460

355

102

1218

307

394

318

2569 871 7269

Total

682

1923

2798

3495

8324

6304

6364

8970

8932

13132

13872

27945

26690

33341 42139 204910

 

State-wise Amount Disbursed (Rs in Lakh)

State

96- 97

97- 98

98- 99

99- 00

00- 01

01- 02

02- 03

03- 04

04- 05

05- 06

06- 07

07- 08

08- 09

09-10

10-11

Grand

Total

Arunachal Pradesh

0

9

24

150

206

397

246

341

778

610

725

118

415

3881 2999 10899

Assam

615

227

1062

932

3360

2472

2170

2964

2285

5342

6680

8872

13071

13512 19963 83527

Manipur

0

39

31

153

285

152

68

70

105

50

69

106

498

508 460 2594

Meghalaya

0

-

4

62

618

1467

2404

1349

1542

3199

1320

1405

3833

2365 3372 22940

Mizoram

0

-

25

30

60

192

87

96

85

70

115

539

42

22 61 1424

Nagaland

0

80

34

41

323

259

97

175

152

32

105

252

321

230 499 2600

Sikkim

0

-

-

-

-

-

-

14

88

128

354

103

76

78 283 1125

Tripura

0

0

37

95

194

140

38

200

200

1000

55

249

153

212 501 3074

Total:

615

355

1217

1463

5046

5079

5110

5209

5235

10431

9424

11643

18409

20808 28138 128183

 

State-wise Number of Project Sanctioned

State

96-97

97-98

98-99

99-00

00-01

01-02

02-03

03-04

04-05

05-06

06-07

07-08

08-09

09-10

10-11

Grand

Total

Arunachal Pradesh

0

2

2

1

4

4

10

11

21

37

55

16

17

17 32 229

Assam

2

12

13

25

37

49

69

91

129

110

98

66

73

72 70 916

Manipur

0

2

4

12

20

7

9

8

10

8

15

18

28

25 5 171

Meghalaya

0

0

2

3

7

12

20

19

19

16

14

10

9

22 17 170

Mizoram

0

1

3

5

12

3

7

48

5

45

17

1

18

16 10 191

Nagaland

0

1

3

12

19

9

11

8

9

8

19

20

7

16 14 156

Sikkim

0

0

0

0

0

0

0

12

36

23

27

18

9

17 17 159

Tripura

0

1

1

2

2

2

5

7

9

38

55

20

12

26 33 213

Total

2

19

28

60

101

86

131

204

238

285

300

169

173

211 198 2205

Source: Annual Report 2010-11