Quick Summary
More than Rs 25,586 crore sanctioned to over 1,14,322 accounts by the Government under Stand-Up India Scheme in 5 years India is growing rapidly. Hopes, Aspirations and Expectations are rising. There is a large group of potential entrepreneurs particularly women and Scheduled Caste (SC), Schedule
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Stand Up India Scheme is a government initiative launched on 5th April 2016 to promote entrepreneurship at the grassroots level, focusing on economic empowerment and job creation, especially for women, Scheduled Castes (SC), and Scheduled Tribes (ST).
As of 23rd March 2021, over Rs. 25,586 crore has been sanctioned under the Stand Up India Scheme.
More than 114,322 accounts have benefited from the Stand Up India Scheme.
Eligibility includes SC/ST and/or women entrepreneurs above 18 years of age. Loans are for greenfield projects, and in non-individual enterprises, 51% shareholding must be by SC/ST and/or women entrepreneurs. Borrowers must not be in default to any bank/financial institution.
The scheme supports greenfield enterprises in manufacturing, services, trading sectors, and activities allied to agriculture.
The scheme was launched on 5th April 2016 and has been extended up to the year 2025.
CAclubindia
