To promote entrepreneurship among Women, Scheduled Castes and Scheduled Tribes
EXECUTIVE SUMMARY & KEY DEVELOPMENTS
- To promote entrepreneurship among Women, Scheduled Castes and Scheduled Tribes
- Targets to cover minimum 2.5 lakh beneficiaries
- Approval for Credit Guarantee Corpus of Rs.4,111 crore
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved thecontinuation of Stand-Up India Scheme for a period of 5 years upto 31.03.2031. The scheme aims to promote entrepreneurship among Women, Scheduled Castes (SCs) and Scheduled Tribes (STs) and aims to provide financial assistance to additional 2.5 lakh entrepreneurs in a span of five years. Since its launch in April 2016, the scheme has facilitated loans to more than 2.75 lakh Women/SC/ST entrepreneurs.
Salient features of the scheme:
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved thecontinuation of Stand-Up India Scheme for a period of 5 years upto 31.03.2031. The scheme aims to promote entrepreneurship among Women, Scheduled Castes (SCs) and Scheduled Tribes (STs) and aims to provide financial assistance to additional 2.5 lakh entrepreneurs in a span of five years. Since its launch in April 2016, the scheme has facilitated loans to more than 2.75 lakh Women/SC/ST entrepreneurs.
Strategic Significance & Context
Salient features of the scheme:
