Ambedkar Development Corporation is a government body in India that was established with the aim of promoting the socio-economic development of the Scheduled Castes and Scheduled Tribes. The corporation provides financial assistance in the form of loans and subsidies to individuals and groups belonging to these communities for setting up businesses, undertaking skill development programs, and pursuing higher education.
The Ambedkar Development Corporation also provides technical and marketing support to the beneficiaries of its programs, and helps them in accessing government schemes and subsidies. The corporation has a network of offices in various states of India, and its programs are implemented through state-level corporations and agencies.
The Ambedkar Development Corporation is part of the larger framework of affirmative action policies and programs in India, aimed at addressing historical and systemic discrimination against marginalized communities. The corporation plays a key role in empowering Scheduled Castes and Scheduled Tribes by providing them with opportunities for economic and social advancement, and promoting their participation in the mainstream economy.