Stand up india: What’s in today’s article

What’s in today’s article? Why in news? What is Stand Up India Scheme? What are the achievements of Stand Up India Scheme? Why in news? As much as Rs 40,710 crore sanctioned to over 0.18 million accounts under the government’s flagship Stand Up India Scheme during the last seven years since its inception. What is Stand Up India Scheme? About Stand up India Scheme was launched on April, 2016 to promote entrepreneurship at grassroot level focusing on economic empowerment and job creation ... The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services, agri-allied activities or the trading sector In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman ... About Us Contact Us Screen Reader Accessibility Statement Frequently Asked Questions Disclaimer Terms & Conditions Useful Links Get in touch 4th Floor, NeGD, Electronics Niketan, 6 CGO Complex, Lodhi Road, New Delhi - 110003, India support-myscheme [at]digitalindia [dot]gov [dot]in (011) 24303714 (9:00 AM to 5:30 PM) Last Updated On : 22/10 ... Steps for availing Stand-Up India Scheme This portal provides information to a potential borrower on various kinds of handholding support from different agencies and also provides a window to get in touch with Banks for availing loans The Applicant first clicks to ‘Register’ and answers to a few short questions on the Registration Page of the portal. Based on the response, the Applicant would be classified as a Trainee Borrower or Ready Borrower. Applicant would also be given feedback on ...