NCBC (Syllabus: GS Paper 2 - Constitutional Bodies)

Context: The appointments of the Chairman and one Member have been made in the National Commission for Backward Classes (NCBC).

• National Backward Classes Finance and Development Corporation (NBCFDC) provides low interest loans for income generating activities including traditional occupations and agricultural farms to the members of Backward Classes (urban & rural) having annual family income upto Rs.3.00 Lakh. 
• These low interest loans are provided through its Channel Partners (agencies nominated by the States/UTs, various scheduled Banks etc.).

 National Commission for Backward Classes

• The National Commission for Backward Classes (NCBC), a constitutional agency under the Ministry of Social Justice and Empowerment, was founded on August 14, 1993. 
• It was established in accordance with the National Commission for Backward Classes Act, of 1993. 
• NCBC was established as a project to look into the challenges and conditions faced by the socially and academically underprivileged sections and make suitable recommendations.
• 102nd Constitution Amendment Act, 2018 provides constitutional status to the National Commission for Backward Classes. 
• It has the authority to examine the welfare measures and complaints regarding the educationally and socially backward classes.