National Waqf Development Corporation Limited

(Established under the Aegis of Ministry of Minority Affairs, Government of India)

Welcome to NAWADCO


India has the largest Waqf land in the world. As per estimation by Sachar Committee Report, 2006 there are about 4.9 lakh registered Waqf properties comprising of about 6 lakh acres of land, approximate market value of these properties is Rs. 1.20 lakh crore. Since most of these properties are situated at prime urban locations, they have the potential of generating an annual income of Rs.12,000 crore considering only 10% return on market value, if these properties are managed and developed properly.

To fill the gap of development deficit, National Waqf Development Corporation Limited (NAWADCO), was established with an authorized capital of Rs.500 crore and paid up share capital of Rs.100 crore, under the aegis of the Ministry of Minority Affairs (MoMA) on 31st December, 2013, under the Companies Act 1956, with specific mandate to develop invaluable Waqf properties across India and to enhance the income of State Waqf Boards/ Waqf institutions for socio economic empowerment of the minorities.

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THOUGHT OF THE DAY

" Live as you were to die tomorrow. Learn as if you were to live forever. "


- Mahatma Gandhi -

LATEST NEWS
  • NAWADCO has submitted a proposal to construct Girls Hostel  and Smart Classes to be constructed in MEWAT Engineering college (HARYANA) under Pradhan Mantri Jan Vikas Karyakram (PMJVK) sheme to get 100% funding support of Central Government.

    Pursuant to demitting the charge of Secretary Ministry of Minority Affairs vide Letter No: 36/01/2019-EO(SM)-1 dated 22/10/2019 of Ministry of Personnel (DoPT) Shri Sailesh, IAS has resigned from the post of Chairman of National Waqf Development Corporation Limited (NAWADCO).

    Subsequent to resignation, Shri Pramod Kumar Das, IAS, Secretary of Ministry of Minority Affairs has been appointed as Chairman and Director of National Waqf Development Corporation Limited w.e.f. 28/10/2019.

     

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