a) DEPARTMENT PROFILE
The AP. State Minorities Finance Corporation Limited has been incorporated under the Companies Act, 1956 in the year 1985. The main objective is to assist the weaker section of Minorities viz; Muslims, Christians, Sikhs, Buddhists, Parsis and Jains for their socio-economic development in collaboration with Banks and Corporation provides Subsidy. The Source of funding for the corporate is from Government of Andhra Pradesh.
Andhra Pradesh State Minorities Finance Corporation and APS.Christian Finance Corporation are implementing various programmes for the upliftment of Minorities belonging of Muslims, Christians, Buddhists, Sikhs, Jains and Parsis. The District total population is 29,63,557. The Minorities population is 3,18,107 in SPSR Nellore District as per 2011 censes.(Muslims-2,88,378,Christians-26,202,Sikhs-678,Buddhists-239&Jains-2,610)