Set up a corporation for the welfare of backward classes within the first 100 days
“the establishment of a Corporation for the welfare of the backward classes, a task that the Congress manifesto has included for completion within the first 100 days”
The verdict
The National Backward Classes Finance and Development Corporation was incorporated on 13 January 1992, about three and a half months after the 100-day mark, within the six-month window for a full score.
Rule applied: Kept: achieved as promised, on time or within 6 months of the deadline → 10
Evidence timeline
- Budget24 Jul 1991· Ministry of FinancesupportsBudget Speech 1991-92 (Manmohan Singh) ↗
“The first of these is the establishment of a Corporation for the welfare of the backward classes, a task that the Congress manifesto has included for completion within the first 100 days.”
- Govt dashboard13 Jan 1992· NBCFDCsupportsAbout NBCFDC ↗
“NBCFDC was incorporated under Section 25 of the Companies Act 1956 on 13th January 1992 as a Company not for profit”
- Budget28 Feb 1996· Ministry of FinancesupportsInterim Budget Speech 1996-97 ↗
“The National Backward Classes Finance and Development Corporation, which we set up in 1992, has sanctioned over Rs.250 crore of loans to beneficiaries.”
More social justice promises from this manifesto
Give the Minorities Commission statutory status
Continue full constitutional and legal protection for minority educational institutions
Fight anyone who raises a hand against another in the name of religion
Promise ID inc-ls-1991-003 · drafted 5 Oct 2026 by research-agent · JSON