Maharashtra State Handicapped Finance and Development Corporation

Maharashtra State Handicapped Finance and Development Corporation, Mumbai has been established vide Social Justice Dept. Government Resolution No.EDD-2001/C.R.65/Sudhar-3 Dated.21.11.2001 and registered under section 25 of Companies Act, 1956 on 27th March,2002.
The main object of this corporation is as follows.
To undertake, carry on, assist to carry on and promote economic development activities including self employment and other ventures for benefit and economic rehabilitation of handicapped persons regardless of their religion, sex, caste and age, in collaboration with State Government Ministries/Departments, extend financial assistance/loans/concessional finance to handicapped persons for implementing economically and financially viable schemes /projects, to grant loans to the handicapped for pursuing education at graduation and higher levels, to assist in up gradation/ improvement of technical and entrepreneurial skills, to set up training, quality control, process development and other infrastructural development activities aimed to achieve economic rehabilitation/upliftment of handicapped persons, to assist other organizations engaged in rehabilitation of the handicapped by providing financial assistance, to assist businesses run by handicapped persons in procuring raw materials and marketing finished goods and to work as an Apex Institution for the State of Maharashtra for channelizing the funds received from State Finance Corporation or the Central Government.
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