About This Corporation
Puducherry Backward Classes and Minorities Development Corporation (PBCMDC) Limited, is a Government of Puducherry undertaking under the aegis of Department of Social Welfare, Govt. of Puducherry.
This corporation was established on 31.03.1999 under the companies Act 1956, with an Authorised share capital of Rs.500.00 lakhs.
As a Corporation functioning purely on service motive, not for profit with main objective to uplift the down trodden people of Backward classes and Minority Community of Puducherry region.
Income generated by the corporation is also exempted from paying Income Tax under sec 10(26B) of the Income Tax Act 1961. The Paid Up Share Capital of the Corporation as on 31.03.2015 is Rs.448.65 Lakhs.