Tag: Implementaion
Implementaion of ‘Stand Up India’ Scheme
The ‘Stand Up India Scheme’ was launched by the Prime Minister on 5thApril, 2016 and has been extended upto the year 2025 as informed by the Department of Financial Services, Ministry of Finance. The objective of the Stand Up India Scheme is to facilitate loans from Scheduled Commercial Banks (SCBs) of value between Rs. 10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower per bank branch for setting up a greenfield enterprise in manufacturing, services or trading sector. As on 02.03.2021, a total of 1,11,619 loans amounting to ... Read more